Post Tagged with: "European gas prices"

European gas prices lure U.S. LNG cargoes away from Asia

European gas prices lure U.S. LNG cargoes away from Asia

World Oil


(Bloomberg) –Higher natural gas prices and lower shipping rates are increasing the draw of U.S. liquefied natural gas cargoes to Europe over more traditional winter markets in Asia.

As of Thursday afternoon, there were 41 U.S. LNG cargoes …

Source: Reuters

Uncertainty over Russian supply sends European gas prices higher

World Oil


MOSCOW (Bloomberg) – European natural gas futures jumped, extending their rebound from last week’s slump, as shipments from Russia fell.

While Europe’s biggest supplier has promised additional volumes starting next week, gas flows to the region declined over …

Source: Reuters

EIA expects U.S. natural gas prices to stay high through the winter

World Oil


WASHINGTON – In its October Short-Term Energy Outlook, the U.S. Energy Information Administration forecasts that natural gas spot prices at the U.S. benchmark Henry Hub will average $5.67 per million British thermal units (MMBtu) between October and March, …

Source: Reuters

European gas prices hit all-time highs as Russian flows slump

Nasdaq


MOSCOW – European gas prices surged to all-time highs on Friday as Russia kept a tight lid on supply, signalling further price pressures on European consumers heading into the winter heating season.

Russian gas supplies via the Yamal-Europe pipeline …

Source: Reuters

Surging gas prices are the ‘transition premium’ in the push toward renewables, OPEC chief says

CNBC


DUBAI, United Arab Emirates — Soaring gas prices are the cost of the attempted shift to renewable energy sources, OPEC Secretary General Mohammed Barkindo told CNBC on Tuesday.

 

“I have talked about a new premium that is emerging