
Biden Freezes Approvals to Export Gas
The Biden administration on Friday halted the approval of new licenses to export US liquefied natural gas (LNG)

The Biden administration on Friday halted the approval of new licenses to export US liquefied natural gas (LNG)

A few weeks into the new year, gas market participants are already anticipating the next turn of the calendar as they see limited upside…

European gas prices have fallen to ranges where gas-fired power stations are now largely more profitable to run than coal-fired ones

European gas prices edged closer to fresh five-month lows in Thursday trading as comfortable supply and waning demand weighed on the market.

European gas prices fell more than 7% on Thursday amid lower power prices and forecasts for milder weather than previously expected.

European gas prices rebounded further from Thursday’s 3.5-month lows in early Wednesday trading but sentiment remained bearish

The Cal 24 slumped to EUR 87.84/MWh, the lowest since September 2021. It was last seen down EUR 1.50 at EUR 88.05/MWh.

German power futures prices were a shade down in range-bound trading on Thursday following lows reached earlier in the week.

Lacking seasonal support from the heating sector and ample availability of supply weighed on the global LNG market

European natural gas inventories are basically 99% full ahead of the mandated filling target of 90% capacity by November 1.

I’m working on a long-form post on Chinese energy policy which is not quite ready for the printing press. I’m therefore going to riff a little on markets here.

European coal price have found a footing in the $110-120/mt range as natural gas supply sees uncertainty in absence of Russian flows.