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.

In 2024, the global natural gas price index stood at 167.43 index points. This was down from a peak of 521.58 in 2022. Natural gas prices increased significantly in the latter half of 2021 and throughout much of 2022 owing to greater power demand combined with supply constraints. This trend was also reflected in the monthly natural gas price index.

The global natural gas price index stood at 232.28 index points in February 2025. Natural gas prices increased by seven index points that month. The global price index takes into account indices from Europe, Japan, and the United States – some of the largest natural gas trading markets. The U.S. is the leading natural gas exporter in the world. Means of trading natural gas Liquefied natural gas (LNG) is the most common form of trading natural gas. Although piped gas is often the preferred choice for transportation between neighboring producing and consuming countries, seaborne trade as LNG has grown in market volume. This is in part thanks to high consumption in pipeline-inaccessible areas such Japan, Korea, and China, as well as the recent increase in LNG trade by European countries. Major natural gas price benchmarks The natural gas prices often used as global benchmarks are Europe’s Dutch TTF traded on the Intercontinental Exchange, Indonesian LNG in Japan, and the U.S. Henry Hub traded on the New York Mercantile Exchange. 2022 was an especially volatile year for natural gas prices, as supply was severely constrained following sanctions on Russian imports. Other reasons for recent spikes in gas prices are related to issues at refineries, changes in demand, and problems along seaborne supply routes.

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.

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.

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 Personal consumption expenditures: Services: Household utilities: Natural gas (chain-type price index) (DGHERG3A086NBEA) from 1929 to 2024 about utilities, chained, gas, PCE, consumption expenditures, consumption, personal, households, services, GDP, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Fuels and Related Products and Power: Commercial Natural Gas (WPS055221) from Jan 1992 to Feb 2025 about fuels, gas, commercial, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Industry: Natural Gas Distribution: Commercial Natural Gas was 287.33300 Index Dec 1990=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Natural Gas Distribution: Commercial Natural Gas reached a record high of 365.41900 in January of 2023 and a record low of 92.40000 in August of 1991. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Natural Gas Distribution: Commercial Natural Gas - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Producer Price Index by Industry: Natural Gas Liquids Extraction: Natural Gas Liquids (PCU2111122111121) from Jun 1984 to Jan 2025 about liquids, extraction, gas, PPI, industry, inflation, price index, indexes, price, and USA.

The U.S. producer price index of natural gas stood at 245.3 index points in 2022. This was the highest figure since 2008 and follows natural gas supply constraints following sanctions on Russian imports. The base year was 1982.

Key natural gas trading hubs in the United States. Primary considerations for areas selected include high trading volumes, geographic coverage, adoption by multiple price reporting agencies, and use in natural gas contracts. Each hub location is identified by an approximate central point.

Kazakhstan Real GDP: Volume Index: GVA: Oil & Gas Sector: PS: Crude Oil & Natural Gas Extraction, Services data was reported at 109.800 Prev Year=100 in 2017. This records an increase from the previous number of 97.000 Prev Year=100 for 2016. Kazakhstan Real GDP: Volume Index: GVA: Oil & Gas Sector: PS: Crude Oil & Natural Gas Extraction, Services data is updated yearly, averaging 100.700 Prev Year=100 from Dec 2009 (Median) to 2017, with 9 observations. The data reached an all-time high of 109.800 Prev Year=100 in 2017 and a record low of 97.000 Prev Year=100 in 2016. Kazakhstan Real GDP: Volume Index: GVA: Oil & Gas Sector: PS: Crude Oil & Natural Gas Extraction, Services data remains active status in CEIC and is reported by The Agency of Statistics of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.A014: Real GDP: Volume Index: Oil and Gas Sector.

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.

United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Natural Gas was 227.89600 Index Jun 1996=100 in March of 2022, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Natural Gas reached a record high of 624.40000 in October of 2005 and a record low of 61.50000 in April of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Fuels and Related Products and Power: Natural Gas - last updated from the United States Federal Reserve on March of 2025.

The National Balancing Point (NBP), the UK's natural gas benchmark, amounted to 100.9 British pence per therm on March 17, 2025, for contracts with delivery in April. A month prior, prices had reached a 2-year-high amid colder weather and storage concerns. Prices are generally higher in the winter months due to greater gas heating demand, especially in weeks of colder weather. The UK NBP, along with the Dutch TTF, serve as benchmarks for natural gas prices in Europe. Impact on consumer prices and household expenditure post-2022 Fluctuations in wholesale natural gas prices often have immediate impacts on UK consumers. In 2023, the consumer price index for gas in the UK rose to 195 index points, using 2015 as the base year. This increase has translated into higher household expenditure on gas, which reached approximately 24.89 billion British pounds in 2023. This figure represents a 23 percent increase from the previous year and a staggering 91 percent rise compared to two years earlier, highlighting the growing financial burden on UK households. Consumption patterns and supply challenges The residential and commercial sector remain the largest consumers of natural gas in the UK, using an estimated 40.7 billion cubic meters in 2023. This was followed by the power sector, which consumed about 15 billion cubic meters. The UK's reliance on gas imports has grown due to declining domestic production. This shift has led to an increased dependence on liquefied natural gas imports and pipeline inflows to meet demand.

Colombia Producer Price Index: Origin of Goods: PC: Crude Oil and Natural Gas data was reported at 211.740 Dec2014=100 in Feb 2025. This records a decrease from the previous number of 224.050 Dec2014=100 for Jan 2025. Colombia Producer Price Index: Origin of Goods: PC: Crude Oil and Natural Gas data is updated monthly, averaging 139.770 Dec2014=100 from Dec 2014 (Median) to Feb 2025, with 123 observations. The data reached an all-time high of 304.790 Dec2014=100 in Jul 2022 and a record low of 65.400 Dec2014=100 in Apr 2020. Colombia Producer Price Index: Origin of Goods: PC: Crude Oil and Natural Gas data remains active status in CEIC and is reported by National Administrative Department of Statistics. The data is categorized under Global Database’s Colombia – Table CO.I033: Producer Price Index: ISIC: Dec2014=100.

Ireland Consumer Price Index (CPI): Electricity, Gas & Other Fuels: Natural Gas data was reported at 204.700 Dec2001=100 in Dec 2006. This stayed constant from the previous number of 204.700 Dec2001=100 for Nov 2006. Ireland Consumer Price Index (CPI): Electricity, Gas & Other Fuels: Natural Gas data is updated monthly, averaging 110.100 Dec2001=100 from Jan 2002 (Median) to Dec 2006, with 59 observations. The data reached an all-time high of 204.700 Dec2001=100 in Dec 2006 and a record low of 100.000 Dec2001=100 in May 2003. Ireland Consumer Price Index (CPI): Electricity, Gas & Other Fuels: Natural Gas data remains active status in CEIC and is reported by Central Statistics Office of Ireland. The data is categorized under Global Database’s Ireland – Table IE.I008: Consumer Price Index: Dec2001=100.

United States - Producer Price Index by Industry: Natural Gas Distribution: Industrial Natural Gas was 218.58800 Index Dec 1990=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Natural Gas Distribution: Industrial Natural Gas reached a record high of 338.20000 in July of 2008 and a record low of 86.40000 in September of 1995. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Natural Gas Distribution: Industrial Natural Gas - last updated from the United States Federal Reserve on March of 2025.

Kazakhstan Purchase Price Index: MR: MQ: EM: Crude Oil & Natural Gas data was reported at 109.000 Prev Dec=100 in 2017. This records an increase from the previous number of 104.900 Prev Dec=100 for 2016. Kazakhstan Purchase Price Index: MR: MQ: EM: Crude Oil & Natural Gas data is updated yearly, averaging 108.900 Prev Dec=100 from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 134.700 Prev Dec=100 in 2008 and a record low of 97.000 Prev Dec=100 in 2002. Kazakhstan Purchase Price Index: MR: MQ: EM: Crude Oil & Natural Gas data remains active status in CEIC and is reported by The Agency of Statistics of the Republic of Kazakhstan. The data is categorized under Global Database’s Kazakhstan – Table KZ.I028: Purchase Price Index: Previous December=100.