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gas prices
Latest news regarding gas prices.
Russia is significantly increasing its energy exports, contributing to a cooling global market in 2026.
Exports of LNG, crude oil, and coal from Russia reached record levels in the first half of 2026, offsetting supply shortages from the Middle East and driving down gas prices in Asia.
Market
EU gas reserves may fall short of the 90% target due to supply disruptions.
The ACER agency warned that the EU could only reach 80% of its gas storage capacity instead of the planned 90%. Fuel prices have risen 40% amid tightening global supply.
The EU has announced a strategy to reduce electricity taxes and increase gas reserves to stabilize the market.
The European Commission (EU) has just launched a plan to cut electricity taxes and increase gas reserves to mitigate the impact of energy shocks caused by geopolitical tensions.
European gas prices surpass 50 EUR/MWh, ECB raises inflation forecast to 2.6%.
The sharp decline in natural gas reserves, coupled with geopolitical instability in the Middle East, is forcing the European Central Bank to lower its economic growth forecast to 0.9%.
Algeria's LNG exports surged 74% in the first half of March 2026 due to geopolitical tensions.
Algeria's LNG shipments reached 462,000 tonnes in the first two weeks of March 2026, a sharp 74% increase compared to the same period the previous month, driven by strong demand from the European market.
Brent crude oil prices surged to $91.32 per barrel amid concerns about supply disruptions.
World oil prices rose more than 4% in trading on March 11th as the market worried that conflict in the Middle East would affect supply, despite intervention efforts from the IEA.
Brent crude oil prices rose to $91.32 per barrel amid concerns about supply disruptions in the Middle East.
World oil prices rebounded sharply on March 11th as the market worried that the Middle East conflict would shock supply, despite the IEA's proposal to release record reserves.
World oil prices fell sharply by nearly 7%, with Brent crude retreating to $92.17 per barrel.
March 11, 2026 10:01
Crude oil and natural gas prices plummeted after reaching a three-year high. Expectations of de-escalating tensions in the Middle East and the possibility of easing sanctions fueled selling pressure.
World oil prices fell sharply by nearly 7%, with Brent crude retreating to $92.17 per barrel.
March 11, 2026 05:30
The oil market cooled after reaching a three-year high, driven by expectations of an early end to the Middle East conflict and signals of supply easing from the US and G7 nations.
Brent crude oil prices rose 4.7% to $81.40 a barrel due to disruptions in the Middle East.
March 5, 2026 13:33
Global oil and gas prices surged on March 3, 2026, as production and transportation disruptions in the Middle East threatened the world's energy supply chain.
Brent crude oil prices fell 2.71% to $67.52 a barrel as US inventories surged.
February 13, 2026 05:31
World crude oil prices fell by more than 2.7% after the IEA lowered its forecast for global demand and US inventory data showed a sharp increase, far exceeding market expectations.
EU sanctions have turned into an unexpected victory for Russia.
December 26, 2024 16:30
Domestic liquefied petroleum gas (LPG) prices in Russia halved in December compared to the previous month due to fuel oversupply and export restrictions imposed by European sanctions.
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