world natural gas prices projected to rise 3 percent in 2018
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

World natural gas prices projected to rise 3 percent in 2018

Arab Today, arab today

Arab Today, arab today World natural gas prices projected to rise 3 percent in 2018

World natural gas prices projected to rise 3 percent in 2018
Washington - WAM

World natural gas prices are projected to rise 3 percent in 2018, driven by robust demand in the United States, the World Bank said.

''In the United States, prices are expected to increase 4 percent to US$3.1/mmbtu on strong domestic demand, rising exports, and modest gains in production'' the World Bank said in its October Commodity Markets Outlook.

''More moderate increases are expected in Europe and Japan, largely tracking oil prices. Markets are expected to be well supplied over the next several years, owing to large increases in LNG capacity, mainly in Australia and the United States.'' ''European gas prices were unchanged at $5.3/mmbtu. However, spot prices rose to $7.0/mmbtu in October on strong demand ahead of winter for stocking, and reflected reduced nuclear capacity in France, high coal prices, and tight LNG supply,'' the report added.

Natural gas prices fell 2 percent in the third quarter (q/q), but averaged 26 percent higher in the first nine months compared to the same period in 2016, largely reflecting a similar increase in oil prices.

In the third quarter, prices in the United States fell 4 percent to $2.9/mmbtu due to mild weather, reduced demand from those impacted by hurricanes, rising production, and ample levels of storage ahead of winter. Looking ahead, demand for gas is expected to strengthen from new chemical and fertilizer capacity and from rising exports by pipeline to Mexico and via liquefied natural gas, LNG, worldwide.

The World Bank’s Commodity Markets Outlook provides detailed market analysis for major commodity groups, including energy, metals, agriculture, precious metals, and fertilisers. The report includes price forecasts to 2030 for more than 45 commodities. It also provides historical price data and supply, demand, and trade balances for most commodities.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world natural gas prices projected to rise 3 percent in 2018 world natural gas prices projected to rise 3 percent in 2018

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

world natural gas prices projected to rise 3 percent in 2018 world natural gas prices projected to rise 3 percent in 2018

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 23:19 2016 Sunday ,13 November

Kerry Urges Trump to Support TPP Trade Deal

GMT 14:36 2016 Friday ,30 December

Mandatory Dubai health insurance deadline extended

GMT 08:46 2017 Thursday ,30 March

Weber Hodel Feder appoints SANE Communications

GMT 14:01 2016 Thursday ,08 December

Environmentalists mobilize for battle with Trump

GMT 18:14 2018 Friday ,05 October

Shura chairman congratulates Egypt's speaker

GMT 16:45 2018 Tuesday ,04 September

Russian Arctic park welcomes more than 1,000 visitors

GMT 05:13 2018 Tuesday ,16 January

Sony unleashes 'intelligent' robot pet

GMT 09:17 2018 Saturday ,13 January

1.5 C climate goal 'very unlikely' but doable

GMT 10:04 2017 Wednesday ,27 December

President tries electric car on Sumo Toll Road

GMT 06:45 2014 Monday ,20 January

How to increase breast size with Boost Your Bust

GMT 19:38 2016 Sunday ,02 October

Oromia: Several dead in Ethiopia festival stampede

GMT 11:07 2017 Monday ,02 January

China to tighten controls to curb capital flight

GMT 14:25 2016 Thursday ,13 October

Toyota, Suzuki explore technology partnership
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday