Commodities

The Jump in Natural Gas prices in Europe is Due to the Adversities in Norway and Asia

 Commodities

Thus, Norway has cut its production and exports due to technical problems at a number of projects, while hot and dry weather has set in quite early in Asia, which resulted in hydropower plants generating less electricity.

June 5, 2024

views 1158
European Natural Gas Prices Jumped Again – This Time on Expected LNG Shortage in Australia

European Natural Gas Prices Jumped Again – This Time on Expected LNG Shortage in Australia

European natural gas prices jumped in volatile trading on Monday, August 21

August 21, 2023

views 1281
Europe's Energy Crisis is not Over Yet: Bundesnetzagentur

Europe's Energy Crisis is not Over Yet: Bundesnetzagentur

Klaus Müller, president of the Bundesnetzagentur, the German Federal Network Agency said that the Old Continent’s natural gas storage facilities are at a more comfortable level than in the past two years, but the crisis is far from over.

June 14, 2023

views 1304
Oil Tumbled as U.S. and Allies Ready to Sell a Record Amount from Strategic Reserve

Oil Tumbled as U.S. and Allies Ready to Sell a Record Amount from Strategic Reserve

Oil prices tumbled on Thursday on the news that the Biden Administration is considering releasing up to 180 million barrels from its petroleum reserve (SPR), close to a one-time maximum in nearly 50 years of SPR history in response to the oil and gas supply crisis caused by the geopolitical events in the Eastern Europe.

April 1, 2022

views 1668
U.S. Natural Gas Sees Biggest Weekly Drop Year-to-Date

U.S. Natural Gas Sees Biggest Weekly Drop Year-to-Date

Warm weather persists across much of the country, reducing demand for gas for heating, while unseasonable heat in California increases demand for gas for air conditioning.

February 14, 2022

views 1850
Base Case Scenario Sees Abnormally Elevated World Gas Prices Throughout Entire Upcoming Winder

Base Case Scenario Sees Abnormally Elevated World Gas Prices Throughout Entire Upcoming Winder

Energy and electricity prices in Europe set new records every day. Wholesale prices for natural gas are at their highest in years, and have more than doubled since the spring.

September 17, 2021

views 1897

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