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Natural Gas May 23 (NG=F)
| Pre. Settlement | N/A |
| Settlement date | 2023-04-26 |
| Open | 2.1070 |
| Bid | 2.1620 |
| Last price | 2.1040 |
| Day's range | 2.0740 - 2.2410 |
| Volume | |
| Ask | 2.1900 |
- Financial Times
Energy security is trumping climate concerns
On TikTok, a campaign to deny ConocoPhillips permission to launch an oil project in Alaska recently went viral. As impassioned as the campaign was, it did not work: Joe Biden approved the drilling on March 13. The president had given ConocoPhillips almost everything it wanted, said Elise Joshi in one TikTok clip.
- Investing.com
Natural gas posts worst quarterly drop of 50%; Bulls count on summer demand next
By Barani Krishnan
- Reuters
India keeps domestic gas prices on hold for now
India will provisionally keep the price of locally produced gas from old fields at $8.57 per million metric British thermal units (mmBtu), the government said on Friday, while it considers a potential change to the pricing formula. Under the existing formula, the price was due to go up for April-September, but to ensure fair prices for consumers and that inflation is kept in check the federal government last year set up a panel to review it. Keeping gas prices at the current level could hit the earnings of producers such as government-run Oil and Natural Gas Corp. (ONGC) and Oil India Ltd.
