Tag: Gas price
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Natural gas slices down through the $2 mark
The price of natural gas has broken down the $2 mark in some ports and exchanges at the close of the day. Option chains go as far as the $1.8 and some even to the $1.5 mark. Below $2 we are revisiting the prices during the Corona economic shutdown and 2019. The US is very…
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Miriam Dalli speaks on her gas trade for the first time
So, for the first time, Energy Minister, Miriam Dalli has spoken about her gas trade for the first time after she announced it in last April, during an interview with Tim Diacono of Lovin Malta. Diacono challenged Miriam Dalli by saying that Malta is losing money in its gas purchases after having pegged the future…
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Russia has officially lost the gas war
The European natural gas price has gone below the Russian invasion levels while oil prices are still higher. Unsurprising warm weather in Germany has also helped reduce consumption but the most important thing is that Germany is refilling its gas storage constantly. This is an indicator that Germany may have enough constant gas inflow to…
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Will the West break the gas price?
Traditionally, either October or November used to be the month of the year when the price of gas would start going up again after Summer and Autumn as Winter approaches, the weather becomes colder, and demand for gas increases. For this year, the price of gas, both in the US and Europe closed lower in…