world natural gas prices projected to rise 3 percent in 2018
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
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

 



GMT 06:46 2017 Wednesday ,04 October

Pope to bless icon for Holy Family Journey to Egypt

GMT 15:51 2017 Tuesday ,22 August

FVP informed on arrangements for Sudan in meetings

GMT 04:55 2016 Monday ,03 October

Alec Baldwin nails it as Trump on ‘SNL’

GMT 21:15 2017 Tuesday ,19 September

Security forces intensify their presence in Kirkuk

GMT 03:39 2017 Saturday ,30 September

Al Jawaheri economic improvement

GMT 10:29 2018 Saturday ,06 January

Siniora meets German Ambassador

GMT 06:27 2017 Tuesday ,26 December

Embassy in Russia marks National Days

GMT 19:06 2017 Thursday ,05 January

Moral policing in Maharashtra, too

GMT 11:49 2017 Wednesday ,26 April

OIC Condemns Attack on Military Base in Afghanistan

GMT 18:35 2017 Monday ,27 February

UK foreign secretary leaves Egypt

GMT 14:34 2017 Monday ,21 August

Bahrain-Malaysia ties praised

GMT 18:36 2017 Sunday ,30 July

Fayez explains impact of differences

GMT 08:54 2017 Wednesday ,17 May

New traffic rules to impact Dubai visitors

GMT 21:00 2017 Tuesday ,28 March

Immigration minister heads for Kuwait
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