Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

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Agus Dwi Darmawan 28/03/2023 15:07 WIB

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Global Natural Gas Prices Over the Past Three Months

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Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

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Global Natural Gas Prices Over the Past Three Months

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Global natural gas prices fell on Monday, March 27, 2023. Trading today recorded US$2.11 per mmbtu, lower than the previous day's US$2.18 per mmbtu. This continues a downward trend observed over the past three days.

Over the past week, global natural gas prices have slowed by 15.02 percent, with an average daily transaction price of US$2.27 per mmbtu. Compared to the beginning of the year, prices have fallen by 48.16 percent. From this year's high of US$4.11 per mmbtu, prices have dropped by 48.62 percent.

Annually, the average global natural gas price trade over the past five years has shown an upward trend. However, monthly price monitoring over the past 12 months shows a downward trend. The highest average monthly price was recorded in August 2022 at US$8.78 per mmbtu.

Earlier news from early September 2022 reported that European gas prices soared after Russia shut down the Nord Stream 1 pipeline. Russia cited newly discovered damage as the reason for the shutdown. The price surge was driven by market anticipation of gas shortages ahead of winter.

"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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Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

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Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

Global Natural Gas Price Traded at US$2.11 per Mmbtu This Afternoon (Monday, March 27, 2023)

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