Tag: gas

U.S. natural gas futures gained almost 3% on Thursday following forecasts of colder weather over the next two weeks than what was previously expected. Demand for heating rose unexpectedly as a result. Investors are awaiting the release of a federal report that is expected to...

Speakers at the CERAWeek energy conference observed that Europe is set to struggle to build up gas supplies for the next winter as the continent looks to cut itself off from Russian supplies. While Europe still made use this winter of Russian imports that arrived...

U.S. natural gas futures gained 3% on Friday, thereby reaching a five-week high. This comes as the volume of gas flowing to U.S. liquefied natural gas (LNG) plants remains on track to hit a daily record high following forecasts for colder weather and higher...

Shell shares gained 3% on Thursday morning after the company posted a record $40 billion profit for 2022. The oil and gas major's profits, which were almost double that from the previous year, came as Russia's invasion of Ukraine drove a surge in energy...

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,...

European natural gas prices fell to their lowest level since September 2021 with supply being boosted by full stockpiles in China. Benchmark futures plummeted by 15% on Monday, thereby taking losses for the year to 27%. As a result of excessive stockpiling, Chinese importers are...