Natural gas prices have dropped by over 5% in Europe and by over 6% in the USA, due to oversupply and favorable weather forecasts.

At the beginning of the week, natural gas prices in Europe fell by over 5%, with investors attributing this decline to an oversupply in the global market and decreasing demand. Europe imported a record 142 billion cubic meters of liquefied natural gas in 2025, 28% more than the previous year, putting pressure on prices. In the United States, prices dropped by over 6%, reaching $3.4470 per million BTU, influenced by weather forecasts indicating higher temperatures. In European markets, February contracts recorded significant declines, and experts warn that prices remain sensitive to external factors. This decline comes after a period of extreme volatility and record increases following the energy crisis.

Separately, Hungarian Prime Minister Viktor Orban stated that the United States' intervention in Venezuela, which led to the arrest of leader Nicolas Maduro, could have a positive impact on global energy markets, considering that the US and Venezuela control a significant portion of the world's oil reserves.