LNG prices in Asia and Europe rise after Nord Stream 2 delay
LNG (Liquified natural gas) prices in Asia rose for the second straight week; as the peak winter months loom and demand strengthened. Supply concerns in...
Tag : Asia
China looks for US LNG; billionaire contracts at play
China is looking for long-term liquified natural gas (LNG) contracts with the US as energy crisis in Europe and Asia deepens. The contracts that the...
Natural gas volatility in the U.S. jump to all-time-high records
Natural gas volatility in the United States has jumped to all-time-high records amid a deep market crunch that saw an increased demand after the pandemic...
U.S. natural gas prices peak 2% to a 7-year high record
U.S. natural gas prices peaked this Tuesday 2% to a seven-year-high record, as global demand for U.S. liquified natural gas exports remains strong. Mainly due...
Saudi Arabia cuts crude prices for Asia; Europe’s remain steady
Saudi Arabia cut the prices of its light crude for Asian customers in October versus September and left Europe’s and U.S.’s prices steady. The price...
IEA sees slower oil growth for 2021; contrary to OPEC’s forecast
IEA, the International Energy Agency, said that oil demand will continue to be slow and inconsistent through the rest of the year; as it has...
Natural gas prices to keep rising for years, closing an era of cheap fuel
Natural gas prices will keep surging, closing an era of cheap fuel prices and giving a way to a time for more costly energy; that...
Global LNG demand to double by 2040: Shell
Demand for liquified natural gas (LNG) around the world will almost double by 2040, to a total of 700 million tons, Royal Dutch Shell predicted...
Natural gas developers confident for 2021 as prices rally
Natural gas developers are confident about 2021 due to the sharp increase in natural gas and LNG prices, driven mostly by the surging demand in...