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Natural gas prices are down nearly 40% year to date amid a glut in supply and a milder-than-expected winter.But analysts see an upside for the commodity going into the end of the year — in part ...
Natural gas prices surged more than 20% on Monday after a wave of forecasts over the weekend predicted incoming arctic air could set the U.S. up for the coldest January in a decade or more.
Since bumping up against support at 2.75 in mid-September, liquified natural gas price have jumped 18 percent, hitting a high above $3.20 for the first time since February. Prompting this is news ...
The natural gas futures market slumped further following the bigger-than-expected rise in U.S. supplies, with the commodity posting a 9.7% weekly loss.
The winter storm strained the power grids in northern Mexico, leading to cascading blackouts for 4.7 million homes and businesses in Mexico. [12] Temperatures as low as −18 °C (0 °F) were recorded, as shortages of natural gas led to blackouts in Nuevo León, Coahuila, Tamaulipas, and Chihuahua along the border with Texas. [123]
However, a July 2022 report from three German science academies noted that if Russian natural gas imports were to cease in the next few months, around 25% of Europe's natural gas demand could not be met at peak times for a winter similar to that in 2021 – moreover that shortfall is due to a lack of transport infrastructure such as pipeline ...
Natural gas markets gapped a little bit lower during the open for the week, as we broke solidly below the $3.00 level and kept falling.
U.S. oil production has been soaring to record highs this year, and as frackers unlock vast amounts of crude, natural gas comes out of the ground too—more than can be delivered to other areas ...