U.S. natural gas futures rose more than 3.00% during the day and are now trading at $2.091 per million British thermal units.

The survey showed that the average price of US crude oil is expected to be US$80.46 per barrel in 2024, compared with US$78.0 per barrel in the March survey. The average price of Brent crude oil is expected to be US$84.62 per barrel in 2024, compared with US$82.33 per barrel in the March survey.

Australian Treasurer Chalmers: Australia will strengthen its foreign investment regime.

The statement showed that the G7 agreed to contribute 1,500GW to the global energy storage target for the power sector by 2030, more than six times the 230GW set for 2022.

The statement showed that the G7 energy ministers recognized that cutting Russian energy revenues is crucial to supporting Ukraine and will be committed to gradually reducing imports of Russian natural gas.

Market news: G7 reiterated its commitment to reduce dependence on Russian civilian nuclear-related goods.

Market News: G7 pledges to promote investment in innovative technologies, including biofuels.

Food supplies in the Gaza Strip increased in April, but were far from enough to reverse the shortage trend, the head of the UN relief and engineering agency said.

Israeli Prime Minister Netanyahu: The operation will not end until the goal is achieved.

Israeli Prime Minister Netanyahu: We have begun evacuating Palestinians from Rafah in preparation for the upcoming operation.

The EU climate commissioner said the G7 agreed to phase out coal-fired power generation between 2030 and 2035.

Market news: The EU has launched an investigation into Meta Platforms (META.O) for allegedly violating DSA (Digital Services Act) obligations.

Russian-backed officials say an ATACMS missile was shot down over Crimea.

First Group Bank: The ECB is expected to cut interest rates by 25 basis points in June.

President of Tokyo Electric Power Company: Unable to determine when the reactor in Niigata Prefecture will restart.

Baseload electricity prices in Germany were 43.50 euros per megawatt-hour for delivery on Thursday, down 38.1% from Tuesday.