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EXPLAINED: 3 - The Real Truth

Nat-Gas Prices Recover as US Weather Forecasts Turn Hotter

July Nymex natural gas (NGN26 ) on Wednesday rose +0.045 (+1.43%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled higher as short covering emerged following forecasts for hotter US weather later this month. Forecaster Vaisala on Wednesday said forecasts shifted warmer in the Midwest and above-normal for...

Barchart

Current price of oil as of June 10, 2026

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

Fortune

Women-led development will add 2-3% to GDP: Petroleum Minister Hardeep Singh Puri

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Wednesday highlighted that shifting from "women-centric" to "women-led" development can significantly drive India's economic growth, will directly boost GDP growth by 2-3 per cent, as the Cabinet passed a resolution hailing Prime Minister Narendra Modi's 4,399 days in office.

The Economic Times

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Malaysia's Petronas signs 20-year LNG supply deal with Japan's JERA

KUALA ⁠LUMPUR/TOKYO — Malaysian's Petronas will supply Japanese utility firm JERA with 2 million ‌tonnes of liquefied natural gas (LNG) per annum under a 20-year deal, the leaders of the two countries said on Wednesday.

Bangkok Post

Nat-Gas Prices Slip on the Outlook for Cooler US Temperatures

July Nymex natural gas (NGN26 ) on Tuesday fell -0.007 (-0.22%). Nat-gas prices settled slightly lower on Tuesday but remained above Monday’s 1.5-week low. Forecasts of cooler US weather, which will reduce demand for air conditioning, are weighing on nat-gas prices. Forecaster Vaisala said cooler-than-normal temperatures are forecast across the...

Barchart

Current price of oil as of June 9, 2026

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

Fortune

Nat-Gas Prices Tumble as US Weather Forecasts Cool

July Nymex natural gas (NGN26 ) on Monday fell -0.082 (-2.54%). Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell Monday as shifting US weather forecasts to milder conditions in the second half of June could reduce nat-gas demand from electricity providers to generate...

Barchart

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Current price of oil as of June 8, 2026

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

Fortune

Adani Ports bags 10-year contract for Argentina’s first LNG export project

Adani Ports has secured a significant 10-year contract for Argentina's first liquefied natural gas export project. This deal, worth an estimated $70 million, marks Adani's entry into South America. Commercial operations are set to begin in September 2027. The project is poised to boost Argentina's role as a future LNG…

The Economic Times

Indian households continue to pay among the lowest cooking gas prices in the world: Petroleum Ministry

The Indian household continues to buy cooking gas much cheaper than the household in any neighbouring country, and far below the price paid in advanced economies such as the United States, Australia and Canada, the Ministry of Petroleum and Natural Gas said on Sunday, noting that a beneficiary of the…

The Economic Times

'Ocean of energy' found in Andaman: What the new gas discovery means? Can it reduce India's import dependence?

Andaman oil discovery news: Oil India has confirmed the discovery of natural gas in an exploratory well in the Andaman Sea, marking a significant step in India's "Samudra Manthan Mission." This find strengthens the belief in the Andaman Basin's hydrocarbon potential, though commercial production is estimated to be a decade…

The Economic Times

Nat-Gas Prices Retreat on Abundant US Supplies

July Nymex natural gas (NGN26 ) on Friday fell -0.107 (-3.21%). Nat-gas prices retreated on Friday amid abundant US stockpiles and reduced flows to export terminals, which will further boost US domestic supplies. As of May 29, nat-gas inventories were +5.7% above their 5-year seasonal average, signaling adequate nat-gas supplies....

Barchart

Current price of oil as of June 5, 2026

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

Fortune

Pakistan buys costliest LNG cargo in four years as Hormuz disruption triggers energy crunch

Pakistan purchased its most expensive liquefied natural gas (LNG) shipment in approximately four years as it contends with an energy shortage stemming from the Strait of Hormuz closure.

The Times of India

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The Economic Times

Oil India reports natural gas presence in second Andaman offshore well

Oil India Limited has found natural gas in its third exploratory well in the Andaman offshore block. This is the second well in the block to confirm hydrocarbon presence. The discovery is a positive indicator for future exploration in the area. OIL is currently processing seismic data for further appraisal…

The Economic Times

West Asia crisis: Why India needs a fertiliser security strategy

India’s fertiliser security is deeply tied to global supply chains. The country imports 60% of its DAP requirement, remains fully dependent on imported potash, and even domestic urea production relies heavily on imported liquefied natural gas.

The Economic Times

US Development FinCrop to invest $1.5 billion in Indo-Pacific energy platform, eyes South Asia buildout

The US International Development Finance Corporation is investing $1.5 billion in a new energy platform for the Indo-Pacific. This major project will focus on South and Southeast Asia. It aims to develop liquefied natural gas and other energy infrastructure. The investment will help strengthen energy security and meet growing power…

Barchart

Smaller Inventories and Hotter US Temps Boost Nat-Gas Prices

July Nymex natural gas (NGN26 ) on Thursday rose +0.122 (+3.80%). Nat-gas prices rallied sharply on Thursday due to a smaller-than-expected increase in weekly nat-gas storage. The EIA reported nat-gas inventories rose by +95 bcf in the week ended May 29, below expectations of +99 bcf and the five-year average...

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Fortune

Asia turns to U.S. oil and gas amid Iran war: 'We get too much into that tree-hugging mode'

Singapore looks to U.S. supplies as it builds out its natural gas importing infrastructure.

Fortune

Current price of oil as of June 4, 2026

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

The Economic Times

India's ageing ammonia plants need upgradation, says industry body FAI

India's fertiliser sector faces a challenge with its heavy reliance on imported natural gas. The Fertiliser Association of India is urging for improved efficiency and new technology in ammonia production. This is crucial for strengthening domestic fertiliser security. The industry is working towards better plant operations and maintenance.

Barchart

Nat-Gas Prices Climb on Expectations of a Smaller Storage Build and Hotter US Temps

July Nymex natural gas (NGN26 ) on Wednesday rose +0.047 (+1.48%). Nat-gas prices moved higher on Wednesday on the outlook for a below-average build in weekly nat-gas storage. The consensus is that Thursday’s EIA weekly nat-gas inventories will climb by +99 bcf for the week ending May 29, below the...

Fortune

Current price of oil as of June 3, 2026

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

The Economic Times

Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levels

In May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have not yet reached the robust numbers seen in February. Natural gas supplies saw a notable upswing, going past pre-war levels.

Barchart

Nat-Gas Prices Drop on Signs of Larger US Domestic Supplies

July Nymex natural gas (NGN26 ) on Tuesday fell -0.012 (-0.38%). Nat-gas prices settled lower on Tuesday for a second session, as US LNG export volumes fell due to seasonal maintenance, boosting US domestic nat-gas supplies. Flows to US LNG export terminals on Tuesday fell to 16.9 bcf, the lowest...

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