1 unit (Thermal) equal to 1MMBtu.
Price constructed using front two months of US Henry Hub natural gas futures.
Natural gas is a fossil fuel widely used commercial and industrial fields. Natural gas serves as an effective and inexpensive source of energy and electricity. The largest natural gas field is based in Qatar. Natural gas prices are often impacted by the political conditions and events in the Middle East, where the majority of the world natural gas reserves are concentrated. Secondary factors that affect the commodity’s prices are demand and supply, natural disasters and others.