Chart Deck
Dwindling EU gas stocks amplify Hormuz risk premium
Without a deep winter buffer, the European gas market is vulnerable to exaggerated price moves
Seb Kennedy
Founding Editor, Energy Flux | Energy journalist | Gas & LNG market analyst
Deep Dives
AI data centres: quantifying the gas burn
How much natural gas will America’s AI boom really need? Our new Constraint Model puts numbers to the narratives
Chart Deck
Cold shoulder
Too much LNG, not enough comfort
Chart Deck
The cost of volatility
Who pays when risk management itself becomes riskier and more expensive?
Deep Dives
Hormuz on the brink?
Gunboat diplomacy, commodity shocks, and the price of escalation
Hot take
Revenge of the machines
Natural gas markets implode in frenzy of automated selling and cascading long-stop orders
Chart Deck
After the squeeze
Algo traders take a breath after being taken to the cleaners
Chart Deck
Volatility is exploding. Fundamentals are not
Self-reinforcing volatility loop sustains sudden winter gas price rally, but for how long?
Hot take
Short squeeze!
Hedge funds punish complacency in EU gas market. This is a sign of the times.
Deep Dives
Venezuela’s Gas: The World’s Most Expensive Bonfire
As the world fixates on oil, Venezuela burns $1.4bn of gas — while sitting on an untouched methane empire that could redraw regional power
Deep Dives
Europe’s grotesque LNG dilemma
2026 OUTLOOK: The Old Continent’s LNG habit could soon be funding two illegal military interventions on its immediate peripheries
Hot take
Venezuela: what happens next?
Chaos looms after audacious decapitation of Maduro regime