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.
Archive / Author
SubscribeKevin Dobbs
Articles from Kevin Dobbs
Natural Gas Futures Hover in Red After Bearish Storage Report
The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 11 Bcf from natural gas storage for the week ended March 12. The result fell shy of analyst estimates and punctuated market concerns about weakened weather-driven demand. “It was much warmer than normal over the northern and central U.S., while slightly cool over…
March 18, 2021
Weather Worry Weighs Down April Natural Gas Futures
BREAKING: U.S. EIA on Thursday reported a withdrawal of 11 Bcf from natural gas storage for the week ended March 12 April Nymex contract declined 3.4 cents day/day on Wednesday and settled at $2.528/MMBtu Natural gas futures dropped back into the red on Wednesday as traders mulled forecasts for mild spring weather and its dampening…
March 18, 2021
Luck of the Irish Eludes April Natural Gas Futures
Natural gas futures dropped back into the red on Wednesday as traders mulled forecasts for mild spring weather and its dampening effect on demand along with polls that showed expectations for only a modest storage withdrawal. The April Nymex contract declined 3.4 cents day/day and settled at $2.528/MMBtu. May fell 4.2 cents to $2.555. The…
March 17, 2021
Stockpiles of U.S. Crude Mount; IEA Says Global Oil Demand Recovery Gradual Through 2023
U.S. oil inventories increased for a third-consecutive week as demand for travel fuels remained light and as refinery activity, while increasing, held far below capacity following the blast of winter weather that froze the Texas energy grid in February. Domestic commercial crude inventories for the week ended March 12 — excluding those in the Strategic…
March 17, 2021
April Natural Gas Futures Rally On LNG Momentum
LNG volumes held above 11 Bcf Weather-driven demand remained light Cash prices were led lower by drops in the Northeast Natural gas futures on Tuesday found momentum as signs of sustained strength in liquefied natural gas (LNG) levels offset forecasts for mild weather and light heating demand. The April Nymex contract settled at $2.562/MMBtu, up…
March 17, 2021
LNG Gains Prop Up April Natural Gas Futures; Cash Prices Drop
Natural gas futures on Tuesday found momentum as signs of sustained strength in liquefied natural gas (LNG) levels offset forecasts for mild weather and light heating demand. The April Nymex contract settled at $2.562/MMBtu, up 7.8 cents day/day. May gained 7.4 cents to $2.597. On Monday, the prompt month dropped 11.6 cents and fell to…
March 16, 2021
Absent New Demand Drivers, Natural Gas Futures Continue to Struggle
Futures fell amid a diminished weather demand outlook Strengthened liquefied natural gas volumes had little influence Cash prices declined despite a winter storm Natural gas futures on Monday dropped further amid a diminished demand outlook, extending steady losses recorded over the first half of March. The April Nymex contract settled at $2.484/MMBtu, down 11.6 cents…
March 16, 2021
Momentum Remains Elusive for April Natural Gas Futures, Cash Prices
Natural gas futures on Monday dropped further amid a diminished demand outlook, extending steady losses recorded over the first half of March. The April Nymex contract settled at $2.484/MMBtu, down 11.6 cents day/day. The prompt month has now lost ground eight of the past nine trading sessions. The May contract has declined in tandem. It…
March 15, 2021
As Balances Loosen and Weather Forecasts Shift Warmer, Natural Gas Futures Continue Struggle
Signs of spring point to lighter demand Traders continue to weigh anemic storage pulls Production recovers faster than demand from Texas storm The hangover of another anemic government inventory assessment weighed down natural gas futures on Friday. The April Nymex contract fell 6.8 cents day/day and settled at $2.600/MMBtu. It marked the seventh time in…
March 15, 2021
Weekly Natural Gas Prices Attempt Rebound After Rough Start and Big Drop in Northeast
Weekly natural gas cash prices gave up ground amid mild temperatures and light heating demand across much of the Lower 48 at the start of the week. Spot prices dropped more than 25 cents on Monday and could not make up the deficit despite gains later in the week. NGI’s Weekly Spot Gas National Avg.…
March 12, 2021