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Natural Gas Prices: U.S., Europe and Asia
Natural gas prices in three markets, $ per million British thermal units
3 of 3 series are above their level a year earlier
Plays the chart through its history. Pauses are where the data set a record or moved most.
Gas is priced regionally because it is costly to ship. The gap between U.S. and European prices is what makes LNG exports profitable.
What this chart reads
- Henry Hub Natural Gasas “U.S. (Henry Hub)”latest 2026-10-20
- European Natural Gas Price, TTF (Monthly)as “Europe (TTF)”latest 2026-09-01
- Japan LNG Import Price (Monthly)as “Japan (LNG imports)”latest 2026-09-01
Sources
Henry Hub Natural Gas. Source: The series is published by the Federal Reserve Bank of St. Louis (FRED), sourced from the U.S. Energy Information Administration. Palanor pulls the series from the FRED API nightly.
European Natural Gas Price, TTF (Monthly). Source: World Bank, Commodity Price Data (The Pink Sheet), monthly prices in nominal US dollars, file CMO-Historical-Data-Monthly.xlsx from worldbank.org/en/research/commodity-markets. Licensed CC BY 4.0 (World Bank Data Catalog, dataset 0038238, "Commodity Prices - History and Projections"). Attribution: Source: World Bank Commodity Price Data (The Pink Sheet). The World Bank compiles the monthly averages from third-party quotations it names for each series (exchanges, industry bodies and data vendors). Not endorsed by the World Bank. Refreshed daily; the World Bank updates the file on the second business day of each month.
Japan LNG Import Price (Monthly). Source: World Bank, Commodity Price Data (The Pink Sheet), monthly prices in nominal US dollars, file CMO-Historical-Data-Monthly.xlsx from worldbank.org/en/research/commodity-markets. Licensed CC BY 4.0 (World Bank Data Catalog, dataset 0038238, "Commodity Prices - History and Projections"). Attribution: Source: World Bank Commodity Price Data (The Pink Sheet). The World Bank compiles the monthly averages from third-party quotations it names for each series (exchanges, industry bodies and data vendors). Not endorsed by the World Bank. Refreshed daily; the World Bank updates the file on the second business day of each month.
Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.