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May Natural Gas Bidweek Prices Depressed on Second Day of Trade
Natural Gas Prices
Mild Weather and Supply Woes Weigh on May Natural Gas Bidweek Prices
Baseload natural gas prices were trending lower for May delivery as mild weather and a glut of supply in Texas kept bidders from rushing to buy on the first day of bidweek trading Wednesday (April 24), according to NGI’s Bidweek Alert (BWA). In West Texas, Waha traded at fixed prices between negative 44.0 cents and…
April 25, 2024Markets
April Bidweek Trading Concludes as Hefty Storage, Incoming Weak Demand Weigh
Stout storage levels at the start of the weak spring demand season kept baseload natural gas prices for April under pressure in bidweek trading Tuesday, according to NGI’s Bidweek Alert (BWA). Overall trade slowed from Monday on the third and last day of bidweek trading for April baseload flows, with the Midwest and Appalachia leading…
March 27, 2024Natural Gas Prices
April Natural Gas Bidweek Prices Stay Lower on Second Day of Trade
The second day of natural gas bidweek trading Monday (March 25) saw baseload prices maintain the weakening trend that began Friday, according to NGI’s Bidweek Alert (BWA). Deal volumes slowed somewhat from Friday levels. Bidweek trading concludes on Tuesday. Leading on volume for deals, Dawn in the Midwest saw 80 total deals. Its basis trading…
March 26, 2024Natural Gas Prices
Winter’s Supply Overhang Weighing on April Natural Gas Bidweek Prices
Baseload natural gas prices were trending lower for April delivery as excess end-of-winter inventory levels kept bidders hesitant on the first day of bidweek trading Friday (March 22), according to NGI’s Bidweek Alert (BWA). Trade was most active in Texas, where the supply glut has pushed Permian Basin prices negative, following in the footsteps of…
March 25, 2024Trending News
Natural Gas Prices
Mild Weather and Supply Woes Weigh on May Natural Gas Bidweek Prices
Apr 25, 2024Natural Gas Prices
Winter’s Supply Overhang Weighing on April Natural Gas Bidweek Prices
Mar 25, 2024Bidweek Alert