Natural gas increased 0.21 USD/MMBtu or 5.84% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Natural gas - values, historical data, forecasts and news - updated on March of 2025.

The Waha trading hub in the Permian basin had by far the lowest natural gas spot prices across the U.S. in 2024. This was due to the trading hub's close location to some of the country's most productive oil and gas wells and limited pipeline capacity. By comparison, the Henry hub price, the U.S. natural gas benchmark, was 2.22 U.S. dollars per million British thermal units.

TTF Gas decreased 8.92 EUR/MWh or 17.69% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. EU Natural Gas TTF - values, historical data, forecasts and news - updated on March of 2025.

Natural gas prices decreased across all major regions in 2023, as supply caught up to higher demand. In Japan, LNG sold for an average of 12.5 nominal U.S. dollars per million British thermal units. Meanwhile, the United States, as the largest natural gas producer worldwide, has significantly lower prices for the fossil fuel. The U.S. has had lower natural gas prices than Europe for much of the past four decades.

LNG on the rise LNG is expected to shape much of future natural gas trade. Although pipelines have been the preferred method of transportation for many decades, as Europe shifts away from Russia as its main gas supplier, LNG has become more in demand. The global LNG trade volume has already exceeded 500 billion cubic meters per year, and is expected to continue growing. Countries in Asia have some of the highest landed prices for liquefied natural gas worldwide.

Natural gas benchmarks Some of the most closely followed natural gas price benchmarks are the U.S. Henry Hub and the Dutch TTF. The former is an important indicator of the state of the natural gas industry in the U.S., while the latter reflects natural gas market developments in Europe and potential repercussions for consumers.

UK Gas decreased 26.27 GBp/Thm or 20.95% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. UK Natural Gas - values, historical data, forecasts and news - updated on March of 2025.

China Trade Index: YoY: Unit Value: Export SITC3: Natural Gas, Whether or not Liquefied data was reported at 104.126 Prev Year=100 in Dec 2024. This records an increase from the previous number of 100.500 Prev Year=100 for Nov 2024. China Trade Index: YoY: Unit Value: Export SITC3: Natural Gas, Whether or not Liquefied data is updated monthly, averaging 104.600 Prev Year=100 from Jan 2018 (Median) to Dec 2024, with 83 observations. The data reached an all-time high of 148.800 Prev Year=100 in Oct 2022 and a record low of 69.100 Prev Year=100 in Oct 2020. China Trade Index: YoY: Unit Value: Export SITC3: Natural Gas, Whether or not Liquefied data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JE: Unit Value Index: YoY: SITC3 Classification.

Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching 14.72 U.S. dollars per million metric British thermal units in February 2025. This figure represents an increase from the same period a year earlier. The global LNG benchmark, which is largely influenced by Asian market trading, particularly Indonesian LNG in Japan, serves as a key indicator for the industry's pricing trends. Natural gas prices become less volatile The Asian LNG market experienced less turbulence in 2023 compared to the previous year, with price volatility dropping to 75 percent. This relative stability followed an exceptionally volatile 2022, when LNG demand surged due to sanctions on Russian imports. The global natural gas price index, which encompasses European, Japanese, and American markets, stood at 207.9 index points in November 2024, showing an increase of nearly 20 points that month. This upward trend in natural gas prices contrasts with the comparatively lower crude oil price indices and follows greater heating demand in the winter months. Landed prices vis-à-vis export prices Due to its geographical location, Japan is exclusively reliant on LNG trading for its natural gas supply. As such, Japan's landed LNG spot price is often higher than for other markets, reaching approximately 10.05 U.S. dollars per million British thermal units in January 2024. By comparison, the world's largest LNG exporter, the United States, has seen its LNG export prices decrease to 7.57 U.S. dollars per thousand cubic feet in 2023, down from 12.24 U.S. dollars the previous year.

Graph and download economic data for Unit Labor Costs for Retail Trade: Gasoline Stations (NAICS 4471) in the United States (IPUHN4471U100000000) from 1987 to 2023 about unit labor cost, NAICS, gas, retail trade, sales, retail, and USA.

Kuwait Trading Volume: BK: Annual: Official Market: Oil & Gas data was reported at 1,437,395,335.000 Unit th in 2017. This records an increase from the previous number of 1,426,732.463 Unit th for 2016. Kuwait Trading Volume: BK: Annual: Official Market: Oil & Gas data is updated yearly, averaging 2,511,154.838 Unit th from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 1,437,395,335.000 Unit th in 2017 and a record low of 1,426,732.463 Unit th in 2016. Kuwait Trading Volume: BK: Annual: Official Market: Oil & Gas data remains active status in CEIC and is reported by Boursa Kuwait. The data is categorized under Global Database’s Kuwait – Table KW.Z006: Boursa Kuwait: Trading Volume.

Kuwait Trading Volume: BK: Oil & Gas data was reported at 21,231,989.000 Unit in Oct 2018. This records an increase from the previous number of 20,781,544.000 Unit for Sep 2018. Kuwait Trading Volume: BK: Oil & Gas data is updated monthly, averaging 20,781,544.000 Unit from Apr 2018 (Median) to Oct 2018, with 7 observations. The data reached an all-time high of 36,474,384.000 Unit in Jul 2018 and a record low of 10,872,935.000 Unit in Jun 2018. Kuwait Trading Volume: BK: Oil & Gas data remains active status in CEIC and is reported by Boursa Kuwait. The data is categorized under Global Database’s Kuwait – Table KW.Z006: Boursa Kuwait: Trading Volume.

China EUVI: Petroleum & Natural Gas Extraction data was reported at 129.300 Prev Year=100 in Sep 2018. This records an increase from the previous number of 122.100 Prev Year=100 for Aug 2018. China EUVI: Petroleum & Natural Gas Extraction data is updated monthly, averaging 111.850 Prev Year=100 from Jan 2005 (Median) to Sep 2018, with 164 observations. The data reached an all-time high of 174.300 Prev Year=100 in Aug 2008 and a record low of 54.200 Prev Year=100 in Jun 2009. China EUVI: Petroleum & Natural Gas Extraction data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JE: Unit Value Index: By Industry.

China Trade Index: MoM: Unit Value: Export: Production & Supply of Electricity, Gas & Water data was reported at 108.530 Average 12 Mths PY=100 in Dec 2024. This records an increase from the previous number of 106.800 Average 12 Mths PY=100 for Nov 2024. China Trade Index: MoM: Unit Value: Export: Production & Supply of Electricity, Gas & Water data is updated monthly, averaging 103.140 Average 12 Mths PY=100 from Jan 2018 (Median) to Dec 2024, with 83 observations. The data reached an all-time high of 113.900 Average 12 Mths PY=100 in Mar 2020 and a record low of 78.520 Average 12 Mths PY=100 in Jan 2018. China Trade Index: MoM: Unit Value: Export: Production & Supply of Electricity, Gas & Water data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JE: Unit Value Index: MoM: By Industry.

China Trade Index: MoM: Unit Value: Import SITC3: Natural Gas, Whether or not Liquefied data was reported at 96.353 Average 12 Mths PY=100 in Dec 2024. This records an increase from the previous number of 93.600 Average 12 Mths PY=100 for Nov 2024. China Trade Index: MoM: Unit Value: Import SITC3: Natural Gas, Whether or not Liquefied data is updated monthly, averaging 100.900 Average 12 Mths PY=100 from Jan 2018 (Median) to Dec 2024, with 83 observations. The data reached an all-time high of 199.600 Average 12 Mths PY=100 in Nov 2021 and a record low of 62.700 Average 12 Mths PY=100 in Aug 2020. China Trade Index: MoM: Unit Value: Import SITC3: Natural Gas, Whether or not Liquefied data remains active status in CEIC and is reported by General Administration of Customs. The data is categorized under China Premium Database’s International Trade – Table CN.JE: Unit Value Index: MoM: SITC3 Classification.

Graph and download economic data for Unit Labor Costs for Retail Trade: Fuel Dealers (NAICS 454310) in the United States (IPUHN454310U101000000) from 1988 to 2023 about unit labor cost, dealers, fuels, NAICS, retail trade, sales, retail, and USA.

Southwest Europe (SparkSWE) LNG price reached 12.72 U.S. dollars per million British thermal units on March 24, 2025 for delivery in April. This was an increase compared to the previous week, also reflecting a slight increase in the Dutch TTF price. SparkSWE LNG futures reflect trading to markets in Portugal and Spain.

Notes: a. Numbers may not add up to the totals due to rounding. b. All data are compiled from Enterprise Singapore's trade statistics except Natural Gas, Other Energy Products and biomass trade data, which are compiled from EMA's administrative returns. c. Enterprise Singapore releases trade data in mass units. EMA releases similar data in energy units (ktoe). d. The product classification of energy products aligns with International Energy Agency's (IEA) classification and may differ from that used for trade statistics. e. Biomass trade recorded is for energy use only.

Notations: - nil, negligible or not applicable

606 Global import shipment records of Fuel Unit with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Exports of gas or smoke analysers in the EU rose from $1.4B in 2010 to $3.5B in 2020. In physical terms, supplies expanded from 8M units in 2010 to 74M units.

Source: ENTERPRISE SINGAPORE AND ENERGY MARKET AUTHORITY

Data Last Updated: 05/11/2024

Update Frequency: Annual

Footnotes: Numbers may not add up to the totals due to rounding. All data are compiled from Enterprise Singapore's trade statistics except Natural Gas, Other Energy Products and biomass trade data, which are compiled from EMA's administrative returns. Enterprise Singapore releases trade data in mass units. EMA releases similar data in energy units (ktoe). The product classification of energy products aligns with International Energy Agency's (IEA) classification and may differ from that used for trade statistics. Biomass trade recorded is for energy use only. More recent statistics might be available for this data-set at https://www.ema.gov.sg/resources/singapore-energy-statistics/chapter1 . The data compiled in this table were based on AHTN 2022.

Adapted from: https://tablebuilder.singstat.gov.sg/table/TS/M891291

35 Global export shipment records of Fuel Unit with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.