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Energy / Gas Prices

Gas Prices Hit Another High Amid Blackouts

Feb 16, 2021 at 10:03 | Irina Slav

After physical delivery gas prices hit $600 per million British thermal units in Oklahoma this past weekend, the commodity is now trading at $500 per mmBtu at two Midcontinent…

U.S. Gas Prices Explode On Freezing Weather

Feb 15, 2021 at 08:50 | Irina Slav

U.S. natural gas prices hit record highs last week after the temperature in many parts of the country fell far below forecasts. In Oklahoma, gas traded at as much as…

Investors Are Looking Long Term In LNG Markets 

Feb 12, 2021 at 14:35 | Irina Slav

This winter saw something that made exporters of liquefied natural gas very happy: a more than a 1,000-percent surge in LNG prices on the spot market from a…

The World’s Largest Oil Trader Just Sent LNG Prices Soaring

Oct 22, 2020 at 08:48 | Irina Slav

Three trades for liquefied natural gas cargoes executed by commodity trading major Vitol made the company the talk of the LNG town as it pushed the Asian regional LNG benchmark…

Natural Gas Drops To 25-Year Low As Demand Disintegrates

Jun 25, 2020 at 09:55 | ZeroHedge

Natural gas prices near a 25-year low on Thursday morning as the summer heat has yet to materialize, and oversupplied conditions persist. 

What's Holding Natural Gas Prices Back?

Jun 04, 2020 at 10:00 | Alex Kimani

The oil markets have been enjoying a period of sustained rally, thanks to a stream of positive factors including somewhat successful compliance to agreed production cuts

Europe’s Natural Gas Glut May Force Supply Cuts

Jun 02, 2020 at 11:41 | Tsvetana Paraskova

Europe is so awash with natural gas amid weak demand and limited storage capacity that gas suppliers may have to cut flows to prevent natural gas prices from plunging further.…

The LNG Market Is “Imploding”

Apr 27, 2020 at 17:20 | Nick Cunningham

While everyone is understandably watching the meltdown in the crude oil market, the global market for natural gas is also cratering. At least 20 cargoes of U.S. liquefied natural gas…

The Perfect Storm Sends Natural Gas Crashing

Feb 27, 2020 at 15:55 | Julianne Geiger

If you’re waiting for natural gas prices to recover, you might be in for a considerable wait, as inventories are expected to hover well above their five…

“Gasmaggedon” Sweeps Over Global Gas Market

Feb 05, 2020 at 15:45 | Nick Cunningham

China’s state-owned gas importers are considering declaring force majeure on LNG imports, which would amplify the turmoil in global gas markets. LNG prices have already plunged to their lowest…

LNG Prices Fall To 10-Year Low

Jan 28, 2020 at 17:34 | Nick Cunningham

The global gas glut continues to grow worse, with LNG prices recently dropping to a 10-year low. LNG prices in Asia recently fell below $4/MMBtu, down 40 percent from…

The True Cost Of “Freedom Gas”

Jan 27, 2020 at 13:08 | Irina Slav

The reputation of natural gas as a clean fuel has been repeatedly undermined by unfavorable emissions data. But now, several new studies suggest that the problem could be even…

Has Natural Gas Hit Rock Bottom?

Jan 20, 2020 at 17:21 | Nick Cunningham

U.S. natural gas prices fell below $2/MMBtu on Friday for the first time in nearly four years. The gas market is suffering from oversupply, as the shale…

China Dumps LNG Amid Massive Glut In Asia

Dec 19, 2019 at 10:54 | Tsvetana Paraskova

PetroChina, one of the largest buyers of liquefied natural gas (LNG) in the key LNG demand growth market, has offered the lowest bid in an LNG tender in Pakistan,…

The Cure For Low Gas Prices Is Low Gas Prices

Nov 11, 2019 at 17:00 | Nick Cunningham

Natural gas production could begin to slow in the U.S. after a decade of relentless growth. Financial stress continues to sweep over the industry, and after years of promises from…

IHS Markit: US Natural Gas Prices To Fall To 50-Year Low

Sep 12, 2019 at 15:47 | Julianne Geiger

Huge natural gas stockpiles in the United States are set to push prices for the fuel to a near 50-year low, IHS Markit said on Thursday in a new report,…

Natural Gas Prices Poised For Dramatic Price Increase

Aug 27, 2019 at 16:54 | Dwayne Purvis

The recent fall of natural gas prices to extraordinary lows attests to a misunderstanding of how precarious supply remains, and it has poised the market for potentially…

US Gas Prices Slump Despite Soaring Demand

Aug 09, 2019 at 13:34 | Irina Slav

Natural gas demand in the United States is growing. It’s growing thanks to the switch from coal to gas-fired power generation and thanks to the growth in liquefied natural gas…

European Gas Prices Fall To One-Decade Low

Jul 02, 2019 at 11:30 | Rystad Energy

Natural gas prices in Europe have plummeted thanks to a rising gas export war between Russia and the US, much to the delight of European consumers. European natural gas prices…

Are Asian LNG Prices About To Rally?

Jul 01, 2019 at 16:52 | Tsvetana Paraskova

Some summer demand for August boosted the price of liquefied natural gas (LNG) in Asia at the end of June from three-year lows earlier in the month, providing an incentive…

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