Natural gas
Regions Covered
USA
Europe
Regions Covered
USA
Europe
Natural gas is a key commodity for power generation in both US and Europe especially when it comes to heating needs during winter season. US & UK natural gas price have witnessed significant price fluctuations due to outages, supply shortages, etc in the last two decades.
US natural gas demand has witnessed an increase recently as ethane prices jumped significantly in 2018. US domestic production has increased to above 80 bcf/day as rig counts continue to increase. However, inventories have remained relatively low as demand has picked up and hence overall market scenario is uncertain with production levels reaching all time high levels in 2018.
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