Natural Gas News – June 12, 2026
Natural Gas News – June 12, 2026
Nat-Gas Prices Tumble as Inventories Surge
Nat-gas prices tumbled to a 2-week low on Thursday and settled sharply lower after weekly US nat-gas supplies rose more than expected. EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf and above the five-year average of +95 bcf. Losses in nat-gas prices accelerated on Thursday amid forecasts for cooler US weather, potentially reducing demand from electricity providers to power increased air-conditioning use… https://tinyurl.com/6pe5p5th
Venezuela Issues Nat Gas Permit to Shell
Interim President Delcy Rodriguez opened the sector to foreign investment in January, pushing a reform law through Venezuela’s legislature under pressure from Washington following its capture of former president Nicolas Maduro in a US military operation. Rodriguez said Shell will develop the Loran field, which had been abandoned for 23 years, and comprises seven natural gas deposits, six of them straddling the maritime border with Trinidad and Tobago… For More info go to https://tinyurl.com/2cbmej6n
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