ANR ML7 Midwest Natural Gas Prices

Daily Change
0.15
3.80%
Month/Month Change
-0.11
-2.60%
Year/Year Change
0.31
8.30%
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Region Location
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Daily, Weekly and Bidweek Prices are in U.S.$/MMBtu except for locations in the Canada section which are in Cdn$/GJ. For more information, please see NGI's Price Methodology.

Forward Prices are expressed in U.S.$/MMBtu and based on indicative data obtained from traders, exchanges and deals provided by energy companies. "Fixed Price" represent the forward prices of gas delivered for each reference period at the various locations/hubs. "Basis Price" represent the differential, for each reference period, between the Henry Hub and various locations/hubs. The Summer and Winter prices are simple averages of Apr-Oct (7 months) and Nov-Mar (5 months) respectively. "Bal Smr" and "Bal Wtr" prices represent simple averages of the remaining months in those seasonal strips (after at least one month has passed). For daily updates of these data in monthly bullets going out 5 years, contact sales at info@natgasintel.com.

ANR ML7 Description

Includes deliveries to all points within ANR's "Northern Area," which ANR formally defines as all points downstream of the Sandwich, IL and Defiance, OH Compressor Stations. The Northern Area is also referred to as ML7. This region includes points in Wisconsin, Northeast Illinois, Northwest Indiana along Lake Michigan, Michigan, Northeast Indiana, and Northwest Ohio. Our ML7 index excludes transactions at the Joliet Hub, since that is a separate index.
EIAStorage1030

Eastern Weather-Driven Gains Lift Gas Market; Futures Make It Three Straight in the Black

Physical gas traders Thursday didn't have to anticipate the Energy Information Administration (EIA) storage figures to initiate their buying... Read More
EIAStorage1030

Market Takes Storage Stats in Stride; Futures Inch Higher

Natural gas futures got something of a lift Thursday morning off the release of government storage figures that were a little higher than what the market was anticipating. Read More

Physical Gas, Futures Dance Higher; November Expires Up 8 Cents

Physical gas for Thursday delivery surged in Wednesday’s trading as forecasts called for plunging temperatures and a strong hint that the mild conditions experienced until recently might have to give way to a more seasonal temperature regime. Read More

New England, Gulf Losses Outdo Gains Elsewhere; Futures Bounce Off New Low

Gas for delivery Wednesday was mixed in Tuesday's trading with downturns in New England and the Gulf Coast just outlasting market strength in the Mid-Atlantic, Marcellus, Great Lakes and California. Overall, the market fell a penny. Read More

Weather Models Hint At Cold Snap; November Seen a Penny Higher

November natural gas is set to open a penny higher Tuesday morning at $3.57 as traders prepare for options expiration and factor in a shot of cold weather in key eastern and western markets. Overnight oil markets rose. Read More

Cash Gains, But Futures Slump Further

The warm weather switch got turned off for Tuesday and next-day gas prices rose as forecasts in major energy markets called for temperatures Tuesday as much as 15 degrees lower. Read More

Summer-Like Weather Swamps Cash Market; Futures Nervously Mixed

A few eastern points made it to the positive side of the trading ledger in Friday trading for weekend and Monday deliveries, but otherwise losses averaging a dime or more were common. Read More

Analysts See Equal Up/Down Risk, Yet November NatGas Called 4 Cents Lower

November natural gas is set to open 4 cents lower Friday morning at $3.58 as traders note little change in mild weather forecasts and increased production is expected to make up for an expected storage deficit relative to last year. Overnight oil markets retreated. Read More
EIAStorage1023

NatGas Cash Takes Double-Digit Drubbing; Futures Clock 11-Month Low

Futures prices may have taken a hit from an uninspired weekly Energy Information Administration storage report Thursday, while physical market trading for Friday delivery took no prisoners and left only a handful of points in the plus column. Read More
EIAStorage1023

Futures Inch Higher in Lackluster Response to Lean Storage Build

Natural gas futures got something of a lift off the Thursday morning release of government storage figures that were less than what traders were expecting. Read More