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.
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Articles from Kevin Dobbs
Natural Gas Futures Surge a Third Straight Day; Cash Rallies
Bolstered by favorable weather outlooks and supply concerns, natural gas futures forged higher on Tuesday, following a 10.5-cent gain the previous day. The August Nymex contract settled at $3.876/MMBtu, up 9.7 cents day/day and in the green for a third consecutive session. September rose 9.8 cents to $3.852. Tuesday’s trading lifted the prompt month to…
July 21, 2021
August Natural Gas Futures Rally Again, Lifted by Forecasts for More Heat, Storage Concerns
Bolstered by favorable weather outlooks and supply concerns, natural gas futures forged higher on Tuesday, following a 10.5-cent gain the previous day. The August Nymex contract settled at $3.876/MMBtu, up 9.7 cents day/day and in the green for a third consecutive session. September rose 9.8 cents to $3.852. At A Glance: Demand forecasts hold strong…
July 20, 2021
August Natural Gas Futures, Cash Prices Cruise Higher
Natural gas futures on Monday cruised higher for a second consecutive session as forecasts pointed to stronger weather-driven demand over the back half of July. The August Nymex contract advanced 10.5 cents day/day and settled at $3.779/MMBtu. The prompt month had gained 6.0 cents on Friday to close out trading last week. The September contract…
July 20, 2021
Natural Gas Futures Rally for Second Day, Bolstered by Demand Outlook; Spot Prices Spike
Natural gas futures on Monday cruised higher for a second consecutive session as forecasts pointed to stronger weather-driven demand over the back half of July. The August Nymex contract advanced 10.5 cents day/day and settled at $3.779/MMBtu. The prompt month had gained 6.0 cents on Friday to close out trading last week. The September contract…
July 19, 2021
Natural Gas Futures Find Footing As Supply Looks Light
Natural gas futures rebounded on Friday, following three straight daily losses, as traders mulled the potential for paltry levels of stockpiles ahead of the withdrawal season later this year. The August Nymex contract gained 6.0 cents day/day and settled at $3.674/MMBtu. September advanced 5.7 cents to $3.658. NGI’s Spot Gas National Avg., however, fell 13.5…
July 19, 2021
With Demand Rebounding, OPEC-Plus Reaches Deal to Lift Crude Production Through 2021, into 2022
The Organization of the Petroleum Exporting Countries and its allied group of leading oil producers headed by Russia, aka OPEC-plus, on Sunday reached a deal to further boost production through the end of the year and into 2022. The member countries, led by Saudi Arabia, committed to bringing back all the crude supply they had…
July 19, 2021
Steady Cooling Demand Propels Double-Digit Gain in Weekly Natural Gas Cash Prices
Weekly natural gas cash prices forged ahead as heat radiated across much of the Lower 48, keeping air conditioners humming. NGI’s Weekly Spot Gas National Avg. for the July 12-16 period advanced 10.5 cents to $3.615. Demand was fueled during the week by hot upper high pressure that held over the East most of the…
July 16, 2021
August Natural Gas Futures Bounce Back as Inventory Concerns Bubble Up
Natural gas futures rebounded on Friday, following three straight daily losses, as traders mulled the potential for paltry levels of stockpiles ahead of the withdrawal season later this year. The August Nymex contract gained 6.0 cents day/day and settled at $3.674/MMBtu. September advanced 5.7 cents to $3.658. NGI’s Spot Gas National Avg., however, fell 13.5…
July 16, 2021
Natural Gas Futures, Spot Prices Sputter as Demand Eases
Natural gas futures retreated on Thursday, following a relatively robust storage injection and forecasts for tapered cooling demand over the balance of July. The August Nymex contract fell 4.6 cents day/day and settled at $3.614/MMBtu. September slipped 4.7 cents to $3.601. It marked a third straight day of losses. NGI’s Spot Gas National Avg. shed…
July 16, 2021
August Natural Gas Futures, Cash Prices Pull Back After Bearish Storage Report, Demand Forecasts
Natural gas futures retreated on Thursday, following a relatively robust storage injection and forecasts for tapered cooling demand over the balance of July. The August Nymex contract fell 4.6 cents day/day and settled at $3.614/MMBtu. September slipped 4.7 cents to $3.601. It marked a third straight day of losses. NGI’s Spot Gas National Avg. shed…
July 15, 2021