Proshares Ultrashort Bloomberg Natural Gas (kold) ETF News

The post Weekly Natural Gas Prices Wobble as Spring Approaches; Futures Fizzle appeared first on Natural Gas Intelligence

NW Natural is proposing a 10.8% increase for residential customers, which would increase the average bill to $69 per month.

Natural gas futures forged higher on Friday as production dropped amid blasts of late-winter cold, marking a second consecutive day of gains but not

The post Natural Gas Futures Advance Amid U.S. Production Drop, Global Supply Uncertainty appeared first on Natural Gas Intelligence

The war between Russia and Ukraine has intensified despite global condemnation and sanctions on the Russian economy. As both countries play strategic roles in global trade, especially Russia, the international sanctions will significantly impact global commodity prices, according to Ayodeji Ebo, head, retail investment, Chapel Hill Denham . High Petroleum Product Prices Russia is the second-largest producer of crude oil in the world and accounts for eight percent of global oil supply. This explains why global crude oil prices climbed to over $119 per barrel, a 10-year high, last week. Expectedly, this will directly impact the prices of petroleum products such as petrol, diesel, kerosene, gas, among others. Energy cost accounts for over 35.0 percent of production cost. The full or partial cost increase will be passed to the consumers, and this may lead to a higher inflation rate. Rise in Wheat Prices Wheat is typically milled into flour which is then used to make a wide range of foods, including bread, noodles, pasta, biscuit, pastries, cake, and so on.

Mumbai, March 11 (IANS) Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar tabled the state budget 2022-2023 before the legislature with a revenue deficit of Rs 24,353 crore and a slew of major announcements like an amnesty scheme for GST and reduction in VAT for natural gas, here on Friday. The government estimates revenue […] The post Maha govt presents Rs 24,353 cr deficit budget for 2022-2023 appeared first on Buziness Bytes .

In a relief for consumers of domestic piped CNG as well as vehicle owners, Maharashtra Finance Minister Ajit Pawar on Friday proposed a drastic cut in the Value Added Tax (VAT) on natural gas from 13.5 per cent to 3 per cent.Pawar, who presented the state Budget in the Assembly, said this reduction will cause a revenue loss of Rs 800 crore annually. Natural gas is “environment-friendly" and is largely used for domestic piped gas supply and also for CNG-powered motor vehicles, auto-rickshaws, taxis and private vehicles, the minister said.

WITH the war between Russia and Ukraine approaching its third week, consumer prices in Spain have already risen because of sanctions imposed. In particular, the EU is reliant on oil and natural gas from Russia, causing energy problems for the continent. Before Putin decided to invade Ukraine, the supply of natural gas was already in […]

https://www.investing.com/analysis/as-natural-gas-heads-into-offseason-price-patterns-are-changing-200619664

Natural gas prices in Europe declined for a fourth day after Russia excluded some major commodities from its list of products set to suffer export restrictions.

The European Union won’t sanction oil and natural gas flows from Russia, Hungary’s Prime Minister Viktor Orban said in a video posted on Meta’s Facebook.

Open interest in natural gas futures markets rose by around 1.8K contracts after three daily pullbacks in a row on Thursday, noted advanced prints fro

Adani Total Gas Limited (ATGL) on Thursday announced an increase in prices of Compressed Natural Gas (CNG) by Rs 2 per kg. The increased prices will be in effect from today. Earlier, the rates were Rs 71.09 per Kg, now the revised rate of CNG per Kg stands at Rs 73.09.

VERSAILLES: EU leaders doused Ukraine’s hopes Thursday of quickly gaining European Union membership, as they met to urgently address the fallout of Russia’s invasion of its pro-Brussels neighbour. The meeting at the palace of Versailles was set to be the high point of France’s six-month EU presidency. But President Emmanuel Macron is instead leading a crisis summit following Russian leader Vladimir Putin’s invasion which has upended decades of stability in Europe. The Ukraine war and the EU’s energy supply dominated the two-day meeting, with leaders sitting down for dinner in the same Hall of Mirrors where Western allies carved out a new map of Europe in 1919 after World War I. “Europe changed with the pandemic and it will change even faster and stronger with the war,” Macron said as he greeted his counterparts at the former residence of France’s Sun King, Louis XIV. The 27 heads of state and government met as fighting raged for a 15th day in Ukraine, with an outcry over the bombing of a maternity hospital in the besieged Ukrainian city of Mariupol.

The Minister of State for Petroleum Resources Chief Timipre Sylva has called on the U.S, Government to provide funding support for Nigeria to develop its natural gas resources. According to Sylva, this is to enable the sector serve as alternative source of energy for Europe. The call by Sylva is coming on the heels of […] The post Nigeria seeks U.S. funding to support development of natural gas appeared first on Nigeriannewsdirectcom .