WisdomTree Natural Gas

Benchmark European Gas Contract Price Rises 7.4% to 42.30 Euros/MWh

NGAS

Adnoc Gas anticipates a significant impact on its full-year net profit due to the closure of the Strait of Hormuz, estimating a loss of $400 million to $600 million in the second quarter. Despite higher prices, the company expects to restore 80% of its processing capacity at Habshan by year-end after an attack disrupted operations. Meanwhile, Brent crude oil prices rose 3.4% to $107.72 a barrel, and inflation surged to 3.8% in April, driven by rising gasoline prices amid ongoing geopolitical tensions.

MorningStar

Sayona Mining

Sayona Mining Ltd.

S&P 500

Venture Global

Adnoc Gas Expects Strait of Hormuz Closure to Hit Full-Year Profit — Commodities Roundup

European natural-gas prices were set for a weekly gain of more than 16% as tensions in the Strait of Hormuz and stalled U.S.-Iran talks raised prospects of prolonged disruptions.

European gas prices on track for 16% weekly gain on Hormuz tensions

KOLD

LNGZ

00XP

BOIL

The benchmark Dutch TTF front-month contract rose 3.8% as the standoff over the Hormuz Strait threatened global supplies.

Proshares Ultrashort Bbg Natural Gas ETF

Us 12 Mth Natural Gas

Range Global LNG Ecosystem ETF

WisdomTree, Inc.

Pro Ultr Natural Gas

Us Natural Gas

First Trust Natural Gas ETF

European gas prices rise on uncertainty around US.-Iran talks

European natural-gas prices have risen over 4% due to escalating tensions in the Strait of Hormuz and the U.S. seizure of an Iranian ship, which have diminished hopes for a quick diplomatic resolution in the Middle East. The benchmark Dutch TTF front-month contract increased by 4.7% to €40.60 per megawatt hour, recovering from a decline on Friday.

European gas prices gain amid conflicting signals on Hormuz

European natural gas futures fell nearly 9% intraday to 38.7 euros per megawatt-hour, marking a cumulative drop of nearly 20% since early April

Wallstreetcn

European gas prices have surged 70% and storage is running low. Supply disruptions, rising inflation and the prospect of ECB tightening are raising fears of a repeat of the 2022 energy crisis. View on euronews

SPDR EURO STOXX 50 ETF

ETFS Capital Ltd.

Is Europe sleepwalking into its worst gas crisis since 2022?

IMEU

L5EW

IESG

IEER

The European Commission plans to convene the Gas Coordination Group as needed to address ongoing concerns about energy supply and market stability. This group, comprising EU member states and industry stakeholders, is essential for monitoring gas supply and demand. The Commission's initiative aims to ensure a coordinated response to potential disruptions and maintain energy security across the EU, reflecting a proactive approach to managing energy resources and challenges in the gas market.

WisdomTree Natural Gas(NGAS.UK)

Adnoc Gas Expects Strait of Hormuz Closure to Hit Full-Year Profit — Commodities Roundup

European gas prices on track for 16% weekly gain on Hormuz tensions

European gas prices rise on uncertainty around US.-Iran talks

European gas prices gain amid conflicting signals on Hormuz

European natural gas futures fell nearly 9% intraday to 38.7 euros per megawatt-hour, marking a cumulative drop of nearly 20% since early April