Global Natural Gas Price Falls to US$3.23 /Mmbtu (Wednesday, 01 July 2026)
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Yahoo Finance recorded that global natural gas price dropped by 1.34% today to the level of US$ 3.23 per mmbtu. This price decline is relatively significant compared to the average price movement over the past week.
Yesterday, global natural gas price recorded its highest surge on Tuesday, 30 June 2026 at 2.96%. Meanwhile, trading since the beginning of the year has continued to decline, with a year-to-date drop of 10.7%.
(Read: US Soybean Futures Two-Month Contract Rises to US$1,148.13 /Bushel (Wednesday, 01 July 2026))
Current conditions are similar to the global natural gas price movement in the last one day which is on an upward trend.
Over the past week, global natural gas price movement recorded -0.68% growth, with an average daily transaction price of US$3.23 per mmbtu. According to Katadata Insight Center (KIC) calculations, on a year-to-date (ytd) basis, this global natural gas price has fallen by 10.7%. Throughout this year, the highest traded value for global natural gas commodity was recorded at US$7.46 per mmbtu on Wednesday, 28 January 2026.
On an annual basis, the average global natural gas trading price over the last five years is on a declining trend. Meanwhile, for monthly price monitoring, transactions over the past 12 months also tend to decline. The highest monthly average price for global natural gas commodity was recorded in November 2025 at US$4.48 per mmbtu.
(Read: IDX Top Gainer Stocks Session II Today 01 July 2026 14:00 WIB: COCO Leads)
Russia has used its control over gas supplies to pressure European countries as retaliation for sanctions imposed after its invasion of Ukraine. Russian state-owned gas company Gazprom shut down the Nord Stream 1 pipeline.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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