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Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.

Kevin Dobbs's avatar

Senior Editor, Markets | Sioux Falls, SD

@KNatgas

email kevin.dobbs@naturalgasintel.com

Natural Gas Futures Snap Losing Streak as Markets Take Stock of Catalysts; Cash Prices Weaken

Natural Gas Futures Snap Losing Streak as Markets Take Stock of Catalysts; Cash Prices Weaken

Natural gas futures rebounded Tuesday, avoiding a third consecutive loss amid modestly lighter production and expectations for more late season heating demand. The April Nymex gas futures contract gained 12.5 cents day/day and settled at $2.348/MMBtu. May futures advanced 15.4 cents to $2.485. NGI’s Spot Gas National Avg. went the opposite direction, falling 16.0 cents…

March 21, 2023
April Natural Gas Futures Flop Amid Global Financial System Worries

April Natural Gas Futures Flop Amid Global Financial System Worries

Natural gas futures probed higher early Monday, with bulls seizing upon favorable near-term weather, steady export demand and market expectations for a seasonally robust inventory withdrawal. But intensifying stress in the global financial system ultimately curbed the momentum and left futures in the red as markets closed. The April Nymex gas futures contract settled at…

March 21, 2023
Cold Snap, Bullish Storage Expectations Fail to Send Natural Gas Futures Higher; Spot Prices Steady

Cold Snap, Bullish Storage Expectations Fail to Send Natural Gas Futures Higher; Spot Prices Steady

Natural gas futures probed higher early Monday, with bulls seizing upon favorable near-term weather, steady export demand and market expectations for a seasonally robust inventory withdrawal. But intensifying stress in the global financial system ultimately curbed the momentum and left futures in the red as markets closed. At A Glance: Mixed weather outlook All eyes…

March 20, 2023
Weekly Natural Gas Spot Prices, Futures Flounder Despite Supportive Winter Weather

Weekly Natural Gas Spot Prices, Futures Flounder Despite Supportive Winter Weather

Weekly natural gas cash prices crept lower even though seasonally cold temperatures and snowstorms spanned large swaths of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the March 13-17 trading period declined 29.5 cents to $2.720. Conditions during the week were favorable for heating demand, with heavy snow and freezing air spreading from…

March 17, 2023
Natural Gas Futures Fall to Close Topsy-Turvy Trading Week; Spot Prices Slide

Natural Gas Futures Fall to Close Topsy-Turvy Trading Week; Spot Prices Slide

Natural gas futures floundered Friday, capping a see-saw week of trading that ultimately left prompt prices in a holding pattern of sorts, with traders trying to assess an uncertain weather outlook, choppy production estimates and stubbornly high storage levels. At A Glance: Stout storage endures Weather outlook evolves Freeport remains key factor The April Nymex…

March 17, 2023
Natural Gas Futures Advance Thursday Ahead of Late Winter Blast

Natural Gas Futures Advance Thursday Ahead of Late Winter Blast

Natural gas futures found their footing on Thursday, ending a two-day losing streak, as traders looked past a bearish storage print and focused on late-winter heating demand, as well as the ongoing revival of a key export facility. The April Nymex gas futures contract gained 7.5 cents day/day and settled at $2.514/MMBtu. May advanced 8.0…

March 17, 2023
Natural Gas Futures Rebound Following Modest Storage Print; Spot Prices Slide

Natural Gas Futures Rebound Following Modest Storage Print; Spot Prices Slide

Natural gas futures found their footing on Thursday, ending a two-day losing streak, as traders looked past a bearish storage print and focused on late-winter heating demand, as well as the ongoing revival of a key export facility. The April Nymex gas futures contract gained 7.5 cents day/day and settled at $2.514/MMBtu. May advanced 8.0…

March 16, 2023
High Consumer Prices, Energy Rationing Loom Absent More Natural Gas Pipelines

High Consumer Prices, Energy Rationing Loom Absent More Natural Gas Pipelines

Absent a surge in natural gas pipelines and related infrastructure, companies may struggle to get ample supplies to utilities, leaving consumers grappling with either lofty prices or the difficult decision to substantially scale back their energy consumption. Such was the warning from executives and regulators alike during CERAWeek by S&P Global. But they also emphasized…

March 16, 2023
April Natural Gas Futures Rise Slightly Amid Supply Abundance

April Natural Gas Futures Rise Slightly Amid Supply Abundance

The April Nymex futures contract traded at $2.520 at 11 a.m. ET on Thursday, up 8.1 cents from the previous day’s close. This was after the U.S. Energy Information Administration (EIA) reported a withdrawal of 58 Bcf natural gas from storage for the week ended March 10. At A Glance: BREAKING: U.S. EIA reports 58…

March 16, 2023
Natural Gas Futures Trade Up Following Latest Light Inventory Draw

Natural Gas Futures Trade Up Following Latest Light Inventory Draw

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 58 Bcf natural gas from storage for the week ended March 10. The result was well below comparable prints of the recent past but close to market expectations. Nymex natural gas futures forged ahead following the EIA result. Ahead of the 10:30 ET…

March 16, 2023
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