US Natural Gas Futures Reach Four-Week High
U.S. natural gas futures rose to a near four-week high on Wednesday, supported by forecasts for hotter weather and firm oil prices, while investors awaited a federal storage report due this week. Front-month gas futures for September delivery on the New York Mercantile Exchange rose 9.6 cents…
US Natural Gas Prices Drop to Six Week Low
U.S. natural gas futures fell about 4% to a six-week low on Thursday on expectations gas flows to liquefied natural gas (LNG) export plants will remain low through late August due to planned maintenance at Freeport LNG's plant in Texas,…
US Natural Gas Prices Fall With Ample Supply Maintaining Pressure on Market
U.S. natural gas futures fell for a second straight session on Monday, as ample supplies kept pressure on the market despite forecasts for hotter weather in the coming weeks. On its first day as the front-month, gas futures for August delivery on the New York Mercantile Exchange fell 8.2 cents…
Prices for Europe GAS are slightly firmer due to renewed Middle East tensions and Norway maintenance
The Dutch and British natural gas contracts were slightly firmer Wednesday morning, as new attacks between the U.S.A. and Iran dampened hopes for a peace agreement and as Norwegian exports of gas are expected to fall due to an increase in maintenance outages.
Bulgarian Expansion of Gas Infrastructure Remains on Schedule
Bulgaria's works to expand its energy infrastructure as part of a planned new route to carry gas between Greece and Ukraine are making progress and are running on schedule, Prime Minister Rumen Radev said on Thursday.Seeking to counter the influence of Russian oil and gas in southern Europe, th
Independent body warns that Germany will miss its 2030 climate targets
An independent advisory body stated on 'Monday that Germany will likely miss its 2030 climate goals and emit more carbon dioxide than previously thought. This contradicts the findings of the government's principal climate authority. The…
Earnings of CF and Nutrien will be boosted by the Nitrogen Surge; Mosaic is facing headwinds
The nitrogen-based fertilizer industry is expected to report higher quarterly earnings due to the surge in prices caused by Middle East gas disruptions. However, this benefit may not be fully apparent until future quarters. Analysts expect nitrogen producers…
US LNG exports to Asia increased in April due to Middle East conflict that curtailed supplies
The U.S. exported liquefied gas to Asia in April. American producers helped?offset the reduced supply from Middle Eastern 'exporters' as the Iran War curtailed production in the region. Nearly one-quarter of U.S. exports of LNG went to Asia in the last month.
US Natural Gas Reach a One-Week High as Output Drops, LNG Exports Surge
U.S. natural gas futures edged up to a fresh one-week high on Monday on a drop in output over the past couple of weeks and forecasts for cooler weather and higher demand through early May than previously expected.Gas futures were also supported by near-record gas flows to U.S.
Oil Prices Rise, Hormuz Remains Closed Ahead of Trump's Deadline
Oil prices climbed on Tuesday and U.S. crude was on track for its highest close since 2022 ahead of a deadline set by U.S. President Donald Trump for Iran to open the Strait of Hormuz or face attacks on power plants and other infrastructure.Brent futures rose 63 cents…
Germany announces climate plan for reducing emissions and fossil fuels
Germany announced plans to help it achieve its 2030 climate targets and reduce dependence on volatile fossil fuel imports. It has made 8 billion euros (9.28 billion dollars) available for the implementation of these measures. The long-awaited…
European Energy Shortages Could Be Felt By April
Energy shortages could hit Europe by next month, Shell CEO Wael Sawan said on Tuesday, adding that securing adequate energy supply was critical to national security.Countries cannot have national security without energy security, Sawan said…
Oil Prices Drop 8% Ahead of Possible Middle East Peace Talks
Oil prices dropped about 8% on Monday after U.S. President Donald Trump said he would postpone any military strikes against Iranian power plants for five days and cited constructive talks to resolve hostilities in the Middle East, hours…
The price of gas in Europe is rising as Putin suggests a reduction in supply
LONDON, 5th March - Benchmark Dutch & British wholesale gas prices recovered on Thursday morning following a decline in the previous session. President Vladimir Putin had warned that Russia could stop its'remaining' gas flows into Europe.
TC Energy exceeds profit expectations as natural gas and power demand increases
Canadian 'pipeline operator TC Energy' beat analysts' expectations for the fourth quarter?profit % on Friday. This was helped by record natural-gas flows across its North American networks as soaring demand for power from data centers boosted volume.
The US LNG production was cut in January by the winter freeze; imports from Trinidad filled the gap.
LSEG's preliminary data shows that exports of liquefied gas from the U.S. in January fell to 11.3 million metric tons, down from December’s record of 11.5 MT. A winter freeze in late-January shut some plants while lowering output at others. On January 26, gas flows into U.S.
Slovakia files lawsuit against EU ban on Russian Gas Imports
Robert Fico, Slovakia's Prime Minister, said that the country will challenge the European Union?decision taken by a qualified majority to ban Russian gas imports. Slovakia and Hungary were both against the ban on Russian gas imports. The…
German forward contracts increase on more expensive gas and carbon
German power contracts for the year ahead traded higher on Friday. They followed gains in carbon permits and gas contracts, which were attributed to lower temperatures predicted for a week-ahead. German baseload for the year ahead rose 0.7%…
US Natural Gas Futures Fall Ahead of Warmer Weather, Slow Demand
U.S. natural gas futures began the year on a weak note on Friday, weighed down by forecasts for warmer weather and expectations of slower demand growth.Front-month gas futures for February delivery on the New York Mercantile Exchange were 9.6 cents…
US Natural Gas Falls Over 5% Ahead of Above Normal Temperatures
U.S. natural gas futures fell over 5% on Tuesday, pressured by forecasts of above normal temperatures next week, though the market was set for a second consecutive yearly gain led by record gas flows to liquefied natural gas export plants.