Natural gas price

natural gas price

What is the price of natural gas based on?

The price is based on delivery at the Henry Hub in Louisiana, the nexus of 16 intra- and interstate natural gas pipeline systems that draw supplies from the regions prolific gas deposits. The Natural gas market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments.

What is the price of natural gas in 2021?

Natural gas - data, forecasts, historical chart - was last updated on December of 2021. Natural gas is expected to trade at 3.91 USD/MMBtu by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.41 in 12 months time.

What will the price of EU natural gas be in 2022?

EU Natural Gas - data, forecasts, historical chart - was last updated on March of 2022. EU Natural Gas is expected to trade at 109.63 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 147.51 in 12 months time.

What was the natural gas price in the 1960s?

U.S. natural gas prices were relatively stable at around (2006 US) $30/Mcm in both the 1930s and the 1960s. Prices reached a low of around (2006 US) $17/Mcm in the late 1940s, when more than 20 percent of the natural gas being withdrawn from U.S. reserves was vented or flared.

What are the natural gas market prices in trading economics based on?

The Natural gas market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our Natural gas market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions.

What is the price of natural gas in the US?

Natural gas prices in the US had historically followed oil prices, but in the recent years, it has decoupled from oil and is now trending somewhat with coal prices. The price as at 20th January 2022, on the U.S. Henry Hub index, is $3.87 per million BTU.

What are the two components of natural gas price?

The price that consumers pay for natural gas has two main components, which include various taxes and fees: Commodity cost—The cost of the natural gas itself, either as produced natural gas or as natural gas purchased at a market trading hub or under a contract by marketers and utilities.

What affects the price of natural gas?

The price of natural gas is often affected by adverse weather conditions, production increases, increased economic activity, and the availability of substitutes. Natural gas is traded on the New York Mercantile Exchange (NYMEX), the world’s largest commodity futures exchange.

What is the forecast for natural gas for June 2022?

The forecast for beginning of June 8.77. Maximum price 9.66, while minimum 8.02. Averaged price for month 8.85. Natural gas price at the end 8.95, change for June 2.1%. Natural gas price forecast for July 2022.

What will happen to EU natural gas in 2022?

EU Natural Gas - data, forecasts, historical chart - was last updated on March of 2022. EU Natural Gas is expected to trade at 109.63 EUR/MWh by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

What is the current price of natural gas in Europe?

Basic Info. European Union Natural Gas Import Price is at a current level of 15.49, up from 12.51 last month and up from 2.862 one year ago. This is a change of 23.84% from last month and 441.3% from one year ago.

What is the natural gas price forecast for October 2020?

Natural gas price at the end 2.32, change for September 5.0%. Natural gas forecast for October 2020. The forecast for beginning of October 2.32. Maximum price 2.56, while minimum 2.32. Averaged price for month 2.41. Natural gas price at the end 2.44, change for October 5.2%. Natural Gas Price Forecast By Month.

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