Proshares Ultrashort Bloomberg Natural Gas (kold) ETF News

The EU receives most of its natural gas supplies from Russia. In 2020, the country accounted for 43.4% of the EU''s natural gas stock, followed by Norway at 20%.

3 March 2022 The European Union could reduce its imports of Russian natural gas by more than one-third within a year through a combination of measures that would be consistent with the European Green Deal and support energy security and affordability, new IEA analysis shows. Europe’s reliance on imported natural gas from Russia has again … Read more

The Energy Information Administration on Thursday said 139 billion cubic feet of natural gas was withdrawn from storage in the week ended, Feb. 25, a figure largely in line with expectations. The Platts survey of analysts by S&P Global Commodity Insights had forecast a withdrawal of 137 billion cubic feet. Natural-gas futures remained lower after the data, with the most actively traded May contract down 2% at $4.691 per million British thermal units. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Russian gas now accounts for more than 6 per cent of all of the UK’s natural gas imports, up from just 3.2 per cent in 2018.

Europe is scrambling to reduce its dependence on Russia for energy and bracing for potential disruption to critical natural gas supplies as Russia’s war in Ukraine sends prices to new highs. Natural gas prices hit a record on Thursday for a second day in a row as restrictions on oil and gas were inc

Global Macro / Markets / Investing: Oil surges above $110 and natural gas soars as markets ‘panic’ over Russia – CNN Bitcoin Could Be in for Big March Run, Says Expert – Invest on Valkyrie Netflix acquires another developer to build ‘world class games’ – The Verge Annual Report Shows that Tesla Holds BTC Worth

- US natural gas futures climbed to $4.76/MMBtu on 2 March, gaining by 4% from the previous session - Sources said a late-session rally carried the NYMEX futures benchmark higher on potential supply…

European futures contracts for natural gas soared to record highs on Wednesday amid escalating uncertainty over the availability of supplies from Russia

Natural gas futures on Wednesday posted a double-digit advance for a second consecutive session as Russia forged ahead with its invasion of Ukraine,

The post Natural Gas Futures Jump for Second Day as Russia-Ukraine Conflict Spurs Commodity Rally appeared first on Natural Gas Intelligence

Is Bitcoin ''The Real Deal''? - Ukraine Crisis Offers Perfect Opportunity To Find Out Authored by Russell Clark, Current political and economic conditions are ideal for bitcoin, but positioning is negative. Which is more important? There are many attractive features to Bitcoin. By design Bitcoin has a rising costs basis which helps limit supply (the ever rising difficulty of mining bitcoin), computing power needed to mine is also driven by energy costs, and Bitcoin acts as a store of value outside the control of central authorities. The Russian invasion of Ukraine, and the subsequent financial retaliation by Western powers has created a perfect environment for Bitcoin to prove it worth as a store of value. European natural gas prices have risen 16 times from their 2020 lows, and have spiked again in the last week. However, from a positioning point of view bitcoin looks more troubled. When I look at the largest Bitcoin “ETF” - the Grayscale Bitcoin Trust (GBTC) - shares outstanding have continued to rise in 2021 and 2022 even as Bitcoin performance has been lacklustre.

While it is one of the few global powers that has failed to condemn Russia’s invasion of Ukraine, China is also one of the countries that is most threatened by the conflict. As the world’s largest energy importer, China suffers greatly when the price of oil, natural gas, and coal soar as they have in recent days. Beijing is walking a tightrope by trying to shore up international relations and alliances through its sweeping Belt and Road Initiative, while also forging a special economic, political, and ideological bond with Russia as…

Expectations are for a 91 Bcf draw in stockpiles

Carbon dioxide is an acidic colorless gas. Because it is soluble in water, it can be found in a number of liquids which include oil and natural gas. It is also a greenhouse gas found in the Earth’s atmosphere. Its concentration has increased over time because of, primarily, the burning of fossil fuels. Because humanity […]

Sanctions debate rapidly heading towards energy sanctions in Ukraine-Russia crisis At the start of Russia’s invasion of Ukraine a week ago, almost every analyst agreed that Russian oil and gas would keep flowing westwards. The state of mutual energy dependence seemed too entrenched. On one side, the EU could not decouple itself easily from the source of 38% of its natural gas imports. On the other, Russia under financial sanctions would need cash. Old hands reflected that, even in the long decades of the cold war, the Soviet Union and Europe maintained commercial relationships in energy. A week later, such thinking looks naive. The “shock and awe” financial sanctions, especially those aimed at Russia’s central bank, exceed anything previously seen, but the shortcoming is obvious: if you really want to hit the Russian economy hard, the place to aim is its energy export sector, a part that has been spared sanctions so far and generates hundreds of millions of dollars daily. The point is made repeatedly by Ukrainian officials in their appeals for the trade to cease, and its moral force is hammered home with every fresh Russian atrocity.