Europe could soon be awash with gas as another mild start to winter delays heating demand.
European natural gas jumped by the most since March of last year amid the possibility of worker strikes in Australia, highlighting market jitters over potential supply disruptions.
European gas prices rose amid expectations of higher demand from power producers, after a recent slump improved the profitability of the fuel compared to coal.
Intercontinental Exchange (ICE) has launched two new LNG futures: North-West Europe and South-West Europe, as the continent struggles to make sense of tumultuous gas pricing.
Fitch Ratings has increased its short and medium term gas price assumptions, based on an assumption of no further Russian supplies into the European Union.
Fitch Ratings has increased its oil and gas price forecast, indicating increased pressure on the European market driven by strong demand.
The US more than doubled LNG exports to Europe in the first four months of the year, according to the Energy Information Administration (EIA).
European natural gas prices soared after Russian forces attacked targets across Ukraine in an effort to demilitarize the country. The West vowed further sanctions.
Margin calls stemming from the gas market have not pushed Gunvor to the brink, the trader said.
Jobseekers leaving the oil and gas industry are being urged to apply for one of more than 400 training places.