By the beginning of the second half of April, the EU's underground gas storage facilities (UGS) were only 36% full, 42% below last year's level. At the same time, the volume of gas withdrawals remains almost twice as high as in 2024, despite the heating season ending on March 28.
A decrease of the indicator value may contribute to the rise in quotes of NG, WTI, Brent.
According to Reuters, US natural gas prices rose 2% on Thursday. This was the result of lower daily production and record shipments to export facilities.
An increase of the indicator value may contribute to the fall in quotes of NG.
The prohibition on transshipment of Russian liquefied natural gas (LNG) through EU ports, issued in June 2024, with a deferral granted until March 26 this year, has finally entered into force.
Activity in the US oil and gas industry increased in the first quarter, but executives have grown more pessimistic due to the Trump administration’s tariffs and trade policies, according to a Federal Reserve Bank of Dallas survey. The poll included 130 firms from Texas, New Mexico, and Louisiana.
Romania has started the development of Neptun Deep, the biggest gas field in the Black Sea. The field, owned by Romgaz and OMV Petrom, contains about 100 billion cubic meters of extractable gas.
China is set to reduce its liquefied natural gas (LNG) imports in 2025 for the first time since 2022. Analysts at BloombergNEF forecast a decline of 11 million tons, bringing total imports to 74.89 million tons. The drop is primarily driven by US tariffs and milder weather.
Shell has announced its intention to reinforce its position as a major LNG player, intending to increase its annual production by 4–5% through 2030, according to a corporate statement.
According to Bloomberg, the UK could cover 50% of its oil and gas needs from domestic production by 2050 if the government implements appropriate policies. North Sea operators currently plan to extract 4 billion barrels of oil equivalent.
LNG Canada, a joint venture between Shell, Petronas, PetroChina, Mitsubishi, and Kogas, is entering the final commissioning phase at its Kitimat facility. On April 1 the plant will begin cooling its industrial equipment — a critical 3‑to‑4‑week process that ensures safe commissioning.
Natural gas is not just a fuel for cooking and heating. It is also a key element on the global economic stage. This page provides information on the latest market events and trends, allowing you to assess their impact on natural gas prices.
Natural gas market news is more than just information for experts. The news are important signals about the future of the energy sector and economy. Understanding these trends helps us to be both informed consumers and prudent investors.
