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Natural gas surges 14% as cold snap ahead is expected to boost demand

Natural gas surges 14% as cold snap ahead is expected to boost demand

U.S. natural gas futures surged more than 14% on Wednesday as temperatures drop and forecasts call for more winter weather ahead. The contract for February delivery advanced 14.3% to settle at $4.857 per million British thermal units, hitting the highest level since November.

Talks with Russia must prioritize Nord Stream 2 to deter Putin, Ukraine’s Naftogaz CEO says

Talks with Russia must prioritize Nord Stream 2 to deter Putin, Ukraine’s Naftogaz CEO says

The chief executive of Ukrainian state energy giant Naftogaz says it is absurd for Nord Stream 2 not to be among the top priorities of international talks with the Kremlin, repeating his call for further sanctions on the gas pipeline to deter another Russian incursion.