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Natural Gas Price News: XNG/USD retreats to $2.40 on higher EIA inventory build, mixed sentiment

Natural Gas Price (XNG/USD) grinds lower at $2.40 while struggling to extend the previous day’s corrective bounce off the lowest levels since April 17

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Transcripts for CNN Fareed Zakaria GPS 20240604 14:42:00

time to time will provide rolling strategic zadistraction. and syria and now in ukraine. again causing the united states to be focusing in multiple directions at once. china has one direction to focus on. and wouldn t you add, i mean, it also gives china/russia as a jr. partner, some would say a vas ill state that is one of the world s largest producers of energy. oil, coal, natural gas and china needs that desperately. absolutely. it provides secure access, reliable access and cheap prices. discounted prices. free steak knives thrown in in order to have access to russia gas and agriculture commodities where they are available and is a applicable. and he wouldn t do anything to jeopardize that and furthermore

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Europe LNG demand to drive competition for new supply, dominate trade in long term: Report

Industry forecasts peg LNG demand to reach 650 million tonne to over 700 million tonne a year by 2040. More investment in liquefaction projects is required to avoid a supply-demand gap that is expected to emerge by the late 2020s.

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Vladimir Putin 'Lost the Energy War' As Gas Prices Fall: Top Trader

Last year's surge in European gas prices is unlikely to repeat, though oil prices may still see a rebound in 2023, Pierre Andurand told the FT.

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Russian gas exports outside ex-Soviet states fell 45.5pc in 2022

MOSCOW, Jan 2 Russian gas exports to countries outside a group of former Soviet republics plunged by 45.5 percent in 2022, figures from gas giant Gazprom showed.

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