Gas commodity prices

Gas commodity prices are the costs at which natural gas is bought and sold in global markets. These prices fluctuate based on factors like supply and demand, production levels, weather conditions, and geopolitical events. When demand for heating, electricity, or industrial use increases, prices generally rise; when supply is abundant or demand drops, prices tend to fall. Prices are often quoted in units like dollars per million British thermal units (MMBtu). These prices influence energy costs for consumers and businesses, and can impact the broader economy, energy investment, and energy security considerations.