Header top ad placement

Daily Prices

9/25/24

Bearish Fundamentals Continue Holding Back Global Natural Gas Prices — LNG Recap

By Jamison Cocklin

on
Published in: Daily Gas Price Index Filed under:

Global natural gas prices continued to fall on Monday amid ample supplies and mild weather patterns.

European Union Gas Storage Level

In Europe, the Title Transfer Facility was again down on Monday, with the prompt contract holding near $11/MMBtu after falling 4% last week.

Colder weather eased as the week got underway. Norwegian exports to the rest of the continent were at 6 Bcf, or about half the normal levels. But maintenance work that started late last month is scheduled to end between this week and next.

Related Tags

Jamison Cocklin photo

Jamison Cocklin

Jamison Cocklin joined the staff of NGI in November 2013 to cover the Appalachian Basin. He was appointed Senior Editor, LNG in October 2019, and then to Managing Editor, LNG in February 2024. Prior to joining NGI, he worked as a business and energy reporter at the Youngstown Vindicator, covering the regional economy and the Utica Shale play. He also served as a city reporter at the Bangor Daily News and did freelance work for the Associated Press. He has a bachelor's degree in journalism and political science from the University of Maine.