European gas prices hit a two-year high on Monday as colder weather boosted demand, accelerating withdrawals from the region’s fast-depleting storage facilities.
Amid cold winter weather and fast-depleting inventories, Europe’s natural gas prices jumped on Monday to a two-year high to levels of over $100 per barrel oil equivalent ...
European natural gas prices rose to a two-year high amid colder temperatures and tightnening storage facilities, ING's commodity experts Ewa Manthey and Warren Patterson note.
Beijing simultaneously announced a 15% tariff on coal and liquefied natural gas imports from the United States, with the Chinese market accounting for 12% and 5% of total US exports, respectively.