The article substantiates the need to assess changes in world prices for natural gas in conditions of volatility in world oil prices. The study is aimed at making forecasts of changes in world prices for natural gas in Continental Europe based on historical trend analysis. The main method of the study is the method of correlation-regression analysis, with the help of which the strength of the correlation of world prices for natural gas from world oil prices was revealed. Also, methods of historical trend and mathematical analysis were used to determine the main forecast scenarios for natural gas price levels. The study is a new approach to analyzing the pricing of world prices for natural gas based on the revealed dependence on world oil prices. The article examines the natural gas market of Continental Europe in dynamics and analyzes its evolution, as well as a link to the world oil market to make forecasts of the cost of natural gas.

The study proposes forecast scenarios for the development of world prices for natural gas based on economic and mathematical modeling and the analysis of the historical trend of extraction, consumption, export and import of natural gas. The main research method is correlation-regression analysis which allowed establishing how strong the correlation of world prices for natural gas and world oil prices is. Also, the methods of historical trend and mathematical analysis were used to determine the main forecast scenarios for price levels of natural gas. The study represents a new approach to the analysis of the dynamics of world prices for natural gas based on economic and mathematical modeling. The article examines the dynamics of the global natural gas market and analyzes trends in price changes, as well as establishes the relationship between global prices for natural gas and the world oil market for making forecasts of the cost of natural gas.