Global natural gas prices oscillated on Monday as the market reacted to supply outages in the United States and Europe.

Feed gas deliveries to the Freeport LNG export terminal on the upper Texas coast sank over the weekend. The facility is scheduled this week to restart a train that went offline in January. NGI data showed feed gas nominations were at 781 MMcf/d on Monday, well below 1.4 Bcf/d at the end of last week. 

Criterion Research LLC’s James Bevan, vice president of research, said on the online energy platform Enelyst that the dip in volumes indicate two trains are now offline at the facility. Freeport said February 27 that it would need another two weeks to restore full service after freezing temperatures caused electrical issues that knocked the plant’s third train...