Tag: Gas Prices

European natural gas declined on Tuesday as weather forecasts indicate an end to the ongoing icy spell next week while stockpiles remain higher than necessary. Benchmark futures declined by 11%, thereby extending Monday's losses, while Dutch front-month gas fell by 8.3% to €60.50 a megawatt-hour,...

U.S. natural gas gained 2% on Wednesday, thereby recovering marginally from its 10-month low in the previous session. This comes after the release of forecasts of higher demand for liquefied natural gas (LNG) exports over the next two weeks which exceeded previous estimates. The main...

European Union member states are set to convene on Thursday to discuss strategies to curb gas prices. Rising gas prices have not only caused industry shutdowns but also left households struggling to pay their bills. Diplomats are struggling to reach a consensus on how...

U.S. natural gas futures surged 10% on Monday, reaching a two-week high. This comes after a higher-than-expected demand for LNG exports for the week was forecast. This rise in demand is largely attributed to the return of Berkshire Hathaway Energy's Cove Point liquefied natural...

After showing a steady decline for the past three months, gasoline prices in the U.S. are on the rise again. According to data compiled by American Automobile Association (AAA), the national average gas price has increased by 11 cents since the start of the...

European gas prices increased on Wednesday as the European Union announced its plan to raise over 140 billion euros in funds to soften the dealt against consumers by rapidly rising energy prices. According to a statement by European Commission President Ursula von der Leyen,...