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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 rebounded on Monday, but remain range-bound after falling hard in February. Demand continues to fall and supply remain flat. Hedge funds exited long position in futures and ...
28 straight days that #gasprices have declined, the national average now $4.66/gal, Americans today will spend $142 million less on gasoline than on June 14. — Patrick De Haan (@GasBuddyGuy ...
The price per gallon of gas is seen at a gas station on Dec. 12, 2023 in Miami as the national average for unleaded gas was $3.14 a gallon on Dec. 12, according to AAA.
Natural gas prices in Europe reached their highest point in September 2022 at a multiple of roughly 25 compared to two years prior. While gas prices are currently falling quickly on the spot market, the cost to distribute gas in the coming year will still be close to €150 per MWh, or a multiple of about seven. [93] [95] [96]
In the U.S., utility gas prices in September were 70% higher than in recent years. Europeans, who already pay much higher for natural gas, saw bills rise sharply by 50% — for example, in Estonia.
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
Gas prices have declined 34 days in a row to the lowest level since May, and could soon fall below $4 per gallon, according to Patrick De Haan, head of petroleum analysis at GasBuddy.