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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.
The average LNG price for October delivery into north-east Asia was estimated at $70.50 per million British thermal units (mmBtu), up $13.50, or 23.7%, from the previous week, industry sources said.
The average LNG price for January delivery into northeast Asia was estimated at around $7.40 per million British thermal units (mmBtu), up $1.00 from the previous week, industry sources said.
The average LNG price for June delivery into northeast Asia <LNG-AS> was estimated at a new record low of around $1.85 per million British thermal units (mmBtu) on Friday, $0.10 per mmBtu lower ...
The heating value depends on the source of gas that is used and the process that is used to liquefy the gas. The range of heating value can span ±10 to 15 percent. A typical value of the higher heating value of LNG is approximately 50 MJ/kg or 21,500 BTU/lb. [2] A typical value of the lower heating value of LNG is 45 MJ/kg or 19,350 BTU/lb.
The transportation capacity is 1.8 billion ft 3 /d (bcf) (590 m 3 /s) (20.4 GW). [2] Spot and future natural gas prices set at Henry Hub are denominated in US$ per millions of British thermal units and are generally seen to be the primary price set for the North
Spot prices for July delivery to Northeast Asia are estimated to be $4.30 to $4.40 per million British thermal units (mmBtu), up from $4.25 last week, the sources said.
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...