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The Latest Breaking News from Natural Gas

Above-Average Build in Gas Storage Weighs on Nat-Gas Prices

August Nymex natural gas (NGQ26 ) on Thursday closed down -0.200 (-6.23%). Nat-gas prices tumbled to a 1.5-month low on Thursday and settled sharply lower. Above-average weekly US nat-gas storage levels undercut prices. The EIA reported on Thursday that weekly EIA nat-gas inventories rose by +61 bcf for the week...

Current price of oil as of July 9, 2026

Current price of oil as of July 9, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focus

US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focus

Meta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artificial intelligence infrastructure expansion. The project highlights Alberta's energy advantages and favourable business environment for technology firms.

The Economic Times

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Meta to build C$13 billion Alberta data center, its first in Canada

Meta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement represents the company's 33rd data center ‌globally.

The Economic Times

Nat-Gas Erases Early Gains on the Outlook for Larger US Inventories

August Nymex natural gas (NGQ26 ) on Wednesday closed down -0.053 (-1.62%). Nat-gas prices on Wednesday fell from a 1.5-week high and settled lower on the outlook for a larger-than-normal increase in weekly US domestic stockpiles, which are already above the five-year average. The consensus is that Thursday’s weekly EIA...

Govt seeks proposals for coal gasification projects under Rs 37,500-cr incentive scheme

The incentive, launched in May this year, is aimed at promoting surface coal/lignite gasification for the production of syngas and downstream value-added products such as synthetic natural gas (SNG), urea, ammonium nitrate, methanol, DME and other chemicals, thereby enhancing the country's energy security, reducing import dependence, and facilitating utilisation of…

The Economic Times

Current price of oil as of July 8, 2026

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What are the risks of an LNG tanker explosion?

What are the risks of an LNG tanker explosion?

A Qatari LNG tanker sustained damage in an attack near the Strait of Hormuz. The vessel, Al Rekayyat, is reportedly at risk of exploding following the incident. This marks the second war-related attack on an LNG carrier this year. LNG is natural gas cooled to liquid form for easier transport.…

The Economic Times

US oil prices jump after US military launches strikes against Iran

US oil prices jump after US military launches strikes against Iran

U.S. oil prices increased significantly after military strikes against Iran. These actions followed Iranian attacks on three commercial vessels in the Strait of Hormuz. A Qatari liquefied natural gas tanker reported being struck by a drone. Maritime security sources indicated a Saudi-flagged crude oil tanker was also damaged. Fears of…

The Economic Times

Nat-Gas Prices Climb on Carryover Support from European Nat-Gas

Nat-Gas Prices Climb on Carryover Support from European Nat-Gas

August Nymex natural gas (NGQ26 ) on Tuesday closed up +0.020 (+0.62%). Nat-gas prices pushed higher on Tuesday amid carryover support from a rally in European nat-gas prices to a 3-week high after a Qatari LNG gas carrier was attacked in the Strait of Hormuz. If European countries are unable...

Third tanker hit in Strait of Hormuz in 24 hours as Qatar blames Iran, raising fears over global energy route

Third tanker hit in Strait of Hormuz in 24 hours as Qatar blames Iran, raising fears over global energy route

Commercial tankers faced escalating attacks in the Strait of Hormuz recently. Qatar blamed Iran for an unacceptable assault on its liquefied natural gas vessel. The United Kingdom Maritime Trade Operations reported three tanker incidents within 24 hours. These attacks threaten regional stability and global energy security significantly. Diplomatic efforts continue…

The Times of India

Three tankers hit in latest attacks in Strait of Hormuz, British military says

Three tankers hit in latest attacks in Strait of Hormuz, British military says

The Independent UK

Current price of oil as of July 7, 2026

Current price of oil as of July 7, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Oil tanker hit by 'unknown projectile' in Strait of Hormuz, British military says

Oil tanker hit by 'unknown projectile' in Strait of Hormuz, British military says

Iranian state television said a liquified natural gas tanker came under attack Tuesday in the Strait of Hormuz off Oman after ignoring warnings, implying Tehran carried out the assault on a tanker it said was carrying natural gas from Qatar.

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Stronger Domestic Demand Lifts Nat-Gas Prices

August Nymex natural gas (NGQ26 ) on Monday closed up +0.049 (+1.53%). Nat-gas prices settled higher on Monday amid speculation that the recent heatwave that engulfed over two-thirds of the US sparked heavy demand for nat-gas from electricity providers to power the surge in air-conditioning usage, which also drew down...

Current price of oil as of July 6, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

The Times of India

Texas school was secretly using stolen gas to heat its classrooms, then one invisible leak killed 295 people in seconds

A routine school day in the small town of New London, Texas, turned into one of the deadliest disasters in American history when a massive explosion ripped through the New London Consolidated School, reducing much of the five-year-old building to rubble in just a few seconds. By the time the…

The Conversation

B.C. and Alberta fall behind on fracking safety distances for residents

In May, Prime Minister Mark Carney announced plans to double the capacity of Canada’s electricity grid by 2050, using natural gas in the name of “powering Canada strong.” Almost all Canadian natural gas these days is derived from hydraulic fracturing — known as fracking — an industrial process involving large…

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Nat-Gas Prices Retreat as US Storage Levels Build

August Nymex natural gas (NGQ26 ) on Thursday closed down -0.024 (-0.75%). Nat-gas prices slid to a 2-week low on Thursday and settled lower after weekly US nat-gas storage rose more than expected. The EIA reported that weekly EIA nat-gas inventories rose by +87 bcf in the week ended June...

Current price of oil as of July 2, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Nat-Gas Prices Fall on Expectations of a Large Weekly Storage Build

August Nymex natural gas (NGQ26 ) on Wednesday closed down -0.055 (-1.68%). Nat-gas prices fell on Wednesday amid expectations of a larger-than-average build in weekly storage levels. The consensus is that Thursday’s weekly EIA nat-gas inventories will climb by +83 bcf in the week ended June 26, well above the...

Man charged with sabotage of Nord Stream gas pipeline in German court

Nord Stream is a network of pipelines running under the Baltic Sea from Russia to Germany to provide Western Europe with natural gas, meaning it provided billions to the Kremlin's coffers.

In Georgia, the Power Bill Comes Due

Anger over surging utility rates already toppled two Republicans on a powerful state commission. It may not stop there.

Russian gas imports rise despite EU phase-out

Russian liquefied natural gas continues to arrive mainly through Spain, France, Belgium and the Netherlands, while pipeline deliveries remain concentrated in Hungary, Slovakia and Greece.

June’s Top Commodity Performers and Underperformers

Commodity prices declined in June as the dollar index rallied and interest rates remained elevated. Precious metals and energy commodities posted the most substantial declines in the month that ended on June 30.

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