Search results
Results From The WOW.Com Content Network
Gas prices in Europe rose nearly 20% this week, CNBC reported, as Russian natural gas flows dropped to less than 20% of their usual capacity in Germany’s Nord Stream 1 pipeline.
Science & Tech. Shopping. Sports
The natural gas markets have been all over the place during the course of the week, dipping down as low as the $5.25 level, but also reaching as high as the $6.90 level.
Natural gas continues to fall despite a colder weather forecast
Natural gas markets initially gapped lower to kick off the week, drifting down towards the $2.77 level, and then rallied to fill that gap later. At this point, it looks like the market doesn’t ...
The U.S. and Russia have been the predominant producers of natural gas. [1] Russian natural gas production (red) and exports (black), 1993–2011 [needs update]. In 2021 Russia was the world's second-largest producer of natural gas, producing an estimated 701 billion cubic meters (bcm) of gas a year, and the world's largest natural gas exporter, shipping an estimated 250 bcm a year. [2]
January gas supplied by Russia to Europe was 1.7b m3 compared with 13b m3 average per month for the 2021 year. [32] The price of natural gas in Europe fell to an 18-month low in mid February of €49pmh with gas storage across the European Union at 65% capacity, well above the average of 45% at this time of year. [33]
Natural gas markets have rallied a bit during the course of the week only to turn around and sell off again as the $4.00 level has offered significant resistance.