Natural gas prices are SURGING around the world today 🚀📈
🇪🇺 Dutch TTF jumped as much as 12% to above 85 euros/MWh, a record high, after a drop in Russian supply
🇺🇸 US Henry Hub just topped $6/mmbtu for the first time since 2014
🇯🇵 JKM is above $30/mmbtu, a seasonal high
🇪🇺 Dutch TTF jumped as much as 12% to above 85 euros/MWh, a record high, after a drop in Russian supply
🇺🇸 US Henry Hub just topped $6/mmbtu for the first time since 2014
🇯🇵 JKM is above $30/mmbtu, a seasonal high
US natural gas prices have surged by more than 10% to as high as $6.280/mmbtu
A close at that level would be the highest settlement since Dec. 2018
A close at that level would be the highest settlement since Dec. 2018
US shale natural gas is in no position to bail out Europe. Indeed, supplies are so tight that Americans are staring down their own supply squeeze — and the accompanying sky-high utility bills
Nice explainer via @jcarrollhtx and @gersonjr
bloomberg.com/news/articles/…
Nice explainer via @jcarrollhtx and @gersonjr
bloomberg.com/news/articles/…
European natural gas prices eased from record highs yesterday, paring the rally spurred by a supply shortage just as the winter season starts
The drop in Russian gas pipeline flows through the Yamal-Europe link is a “temporary situation” due to a client request, Gazprom said
The drop in Russian gas pipeline flows through the Yamal-Europe link is a “temporary situation” due to a client request, Gazprom said
European natural gas prices have again surged to a record high as the global supply crunch worsens
China is snatching up LNG cargoes, Europe struggles to refill inventories, supplies are limited, coal is rallying, etc etc
China is snatching up LNG cargoes, Europe struggles to refill inventories, supplies are limited, coal is rallying, etc etc
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