Natural gas fell to 3.25 USD/MMBtu on July 22, 2025, down 2.13% from the previous day. Over the past month, Natural gas's price has fallen 14.59%, but it is still 48.80% higher than a year ago, 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 July of 2025.

Natural gas prices decreased across all major regions in 2024, as supply caught up to higher demand. In Japan, LNG sold for an average of 12.8 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.

Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDM) from Jan 1990 to Jun 2025 about EU, gas, World, Europe, and price.

Graph and download economic data for Global price of Natural Gas, US Henry Hub Gas (PNGASUSUSDQ) from Q1 1991 to Q1 2025 about henry hub, gas, World, and price.

TTF Gas fell to 32.37 EUR/MWh on July 24, 2025, down 1.76% from the previous day. Over the past month, TTF Gas's price has fallen 8.56%, but it is still 1.12% higher than a year ago, 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 July of 2025.

Graph and download economic data for Global price of Natural Gas, US Henry Hub Gas (PNGASUSUSDM) from Jan 1991 to Jun 2025 about henry hub, gas, World, and price.

Get the latest insights on price movement and trend analysis of Natural Gas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

UK Gas fell to 78.09 GBp/thm on July 24, 2025, down 0.60% from the previous day. Over the past month, UK Gas's price has fallen 5.55%, but it is still 4.83% higher than a year ago, 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 July of 2025.

United States Natural Gas Price: EIA: Industrial data was reported at 3.750 USD/1000 Cub ft in Sep 2018. This records an increase from the previous number of 3.670 USD/1000 Cub ft for Aug 2018. United States Natural Gas Price: EIA: Industrial data is updated monthly, averaging 3.800 USD/1000 Cub ft from Jan 1984 (Median) to Sep 2018, with 417 observations. The data reached an all-time high of 13.060 USD/1000 Cub ft in Jul 2008 and a record low of 2.230 USD/1000 Cub ft in Jul 1991. United States Natural Gas Price: EIA: Industrial data remains active status in CEIC and is reported by Energy Information Administration. The data is categorized under Global Database’s United States – Table US.P002: Energy Price.

The average monthly price for natural gas in the United States amounted to **** nominal U.S. dollars per million British thermal units (Btu) in May 2025. By contrast, natural gas prices in Europe were about three times higher than those in the U.S. Prices in Europe tend to be notably higher than those in the U.S. as the latter benefits from being a major hydrocarbon producer. Europe's import reliance European prices for natural gas rose most notable throughout the second half of 2021 and much of 2022, peaking at over ** U.S. dollars per million Btu in August 2022. The sharp rise was due to supply chain issues and economic strain following the COVID-19 pandemic, which was further exacerbated by Russia’s invasion of Ukraine in early 2022. As a result of the war, many countries began looking for alternative sources, and Russian pipeline gas imports to the European Union declined as a result. Meanwhile, LNG was a great beneficiary, with LNG demand in Europe rising by more than ** percent between 2021 and 2023. How domestic natural gas production shapes prices As intimated, the United States’ position among the leaders of worldwide natural gas production is one of the main reasons for why prices for this commodity are so low across the country. In 2023, the U.S. produced more than ************ cubic meters of natural gas, which allays domestic demand and allows for far lower purchasing prices.

Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDQ) from Q1 1990 to Q2 2025 about EU, gas, World, Europe, and price.

In 2024, the price of natural gas in Europe reached 11 constant U.S. dollars per million British thermal units, compared with 2.2 U.S. dollars in the U.S. This was a notable decrease compared to the previous year, which had seen a steep increase in prices due to an energy supply shortage exacerbated by the Russia-Ukraine war. Since 1980, natural gas prices have typically been higher in Europe than in the United States and are expected to remain so for the coming two years. This is due to the U.S. being a significantly larger natural gas producer than Europe. What is natural gas and why is it gaining ground in the energy market? Natural gas is commonly burned in power plants with combustion turbines that generate electricity or used as a heating fuel. Given the fact that the world’s energy demand continues to grow, natural gas was seen by some industry leaders as an acceptable "bridge-fuel" to overcome the use of more emission-intensive energy sources such as coal. Subsequently, natural gas has become the main fuel for electricity generation in the U.S., while the global gas power generation share has reached over 22 percent. How domestic production shapes U.S. natural gas prices The combination of hydraulic fracturing (“fracking”) and horizontal drilling can be regarded as one of the oil and gas industry’s biggest breakthroughs in decades, with the U.S. being the largest beneficiary. This technology has helped the industry release unprecedented quantities of gas from deposits, mainly shale and tar sands that were previously thought either inaccessible or uneconomic. It is forecast that U.S. shale gas production could reach 36 trillion cubic feet in 2050, up from 1.77 trillion cubic feet in 2000.

Usage Price: Natural Gas for Industry: Xian data was reported at 3.370 RMB/Cub m in Mar 2025. This stayed constant from the previous number of 3.370 RMB/Cub m for Feb 2025. Usage Price: Natural Gas for Industry: Xian data is updated monthly, averaging 2.300 RMB/Cub m from Jan 2003 (Median) to Mar 2025, with 263 observations. The data reached an all-time high of 3.490 RMB/Cub m in Mar 2024 and a record low of 1.600 RMB/Cub m in Feb 2006. Usage Price: Natural Gas for Industry: Xian data remains active status in CEIC and is reported by Price Monitoring Center, NDRC. The data is categorized under China Premium Database’s Price – Table CN.PH: Gas Price: 36 City.

In the fourth quarter of 2023, the price of liquefied natural gas in India reached 589 USD/MT by December. Similarly, in Germany, the liquefied natural gas prices hit 654 USD/MT during the same month in 2023.

Graph and download economic data for Global price of Natural gas, EU (PNGASEUUSDA) from 1990 to 2024 about EU, gas, World, Europe, and price.

Gasoline fell to 2.11 USD/Gal on July 24, 2025, down 0.25% from the previous day. Over the past month, Gasoline's price has risen 1.48%, but it is still 14.39% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gasoline - values, historical data, forecasts and news - updated on July of 2025.

Natural Gas Price: TP: HH: Between 5500-54999 kWh data was reported at 217.190 SEK/kWh in Dec 2024. This records an increase from the previous number of 200.450 SEK/kWh for Jun 2024. Natural Gas Price: TP: HH: Between 5500-54999 kWh data is updated semiannually, averaging 126.700 SEK/kWh from Dec 2014 (Median) to Dec 2024, with 21 observations. The data reached an all-time high of 296.480 SEK/kWh in Dec 2022 and a record low of 105.000 SEK/kWh in Jun 2016. Natural Gas Price: TP: HH: Between 5500-54999 kWh data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.P005: Natural Gas Price.

Global liquefied natural gas prices have shown less volatility in 2024 and 2025 than the years prior, with the benchmark price reaching ***** U.S. dollars per million metric British thermal units in June 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 2024 compared to the previous year, with price volatility dropping to ** 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 ***** index points in May 2025, showing a slight decrease that month. This trend is also reflected in overall lower crude oil price indices. 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 ***** 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 **** U.S. dollars per thousand cubic feet in 2024, down from **** U.S. dollars the previous year.

Natural gas prices (Japan) in , June, 2025 For that commodity indicator, we provide data from January 1977 to June 2025. The average value during that period was 7.25 USD per million British thermal units with a minimum of 2.72 USD per million British thermal units in December 1998 and a maximum of 23.73 USD per million British thermal units in September 2022. | TheGlobalEconomy.com

Get the latest insights on price movement and trend analysis of Liquefied Natural Gas in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).