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Economist Intelligence Unit expects natural gas prices to decline further in 2024-2025 after falling by two-thirds in 2023; US prices to recover in 2024-2025, as US Henry Hub price is expected to average US$2.8/mmBtu in 2024 and US$3.1/mmBtu in 2025

Fujifilm raises prices on hardware products, consumables, services in Europe due to geopolitical influences, inflationary challenges, including unprecedented increase in labor costs, rising freight and warehousing rates, high energy prices

US national gas price average remained unchanged at US$3.27 in week ended Feb. 22 and was up 20 cents month-over-month; gas demand remained mostly flat at 8.2 million b/d, total domestic gasoline stocks declined slightly by 300,000 bbl: AAA

Economist Intelligence Unit expects global oil market to remain tight with prices at about US$80/barrel in 2024 despite reduced production quota; Red Sea disruption, US and UK air strikes against Houthi rebels have had limited impact on prices so far

US commercial crude oil inventories in week ended Feb. 16 increased by 3.5 million barrels from the previous week to 443.0 million barrels; inventories are about 2% below the five year average for this time of year: EIA

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