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
Weekly Natural Gas Spot Prices, Futures Fade Alongside Weather
Weekly natural gas cash prices lost ground amid increasingly benign temperatures and weak cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Sept. 18-22 period shed 23.0 cents to $2.180/MMBtu. Conditions during the week shifted in bears’ favor, with comfortable temperatures across much of the North and forecasts…
October Natural Gas Futures Eke Out Gain to End Losing Streak; Spot Prices Slide Again
Boosted by early bargain buying, natural gas futures finished the week with a modest gain, snapping a two-day run of losses. But the front month struggled to muster much momentum amid strong supply levels, rapidly declining demand and weakening cash markets. At A Glance: Production recovers ground Forecasts further favor bears Stronger injection expected Following…
Natural Gas Futures, Spot Prices Extend Losses as Demand Dries Up
Natural gas futures fell for a second consecutive day, with cooler weather and diminished demand overshadowing hits to production and a seasonally light storage injection. At A Glance: EIA posts 64 Bcf storage injection Production lower on maintenance Cooling demand dissipates rapidly The October Nymex gas futures contract fell 12.3 cents day/day and settled at…
Natural Gas Futures Falter Following In-Line Inventory Print; Cash Prices Called Lower
Natural gas futures fell for a second consecutive day, with cooler weather and diminished demand overshadowing hits to production and a seasonally light storage injection. At A Glance: EIA posts 64 Bcf storage injection Production lower on maintenance Cooling demand dissipates rapidly The October Nymex gas futures contract fell 12.3 cents day/day and settled at…
October Natural Gas Futures Rally Fizzles as Fall Weather Cuts Demand
The U.S. Energy Information Administration (EIA) on Thursday reported a 64 Bcf injection into domestic natural gas storage for the week ended Sept. 15, a tighter-than-normal figure that aligned with market expectations. At A Glance: BREAKING: U.S. EIA reports 64 Bcf injection into storage Weather demand fades Output holds at 100 Bcf/d Natural gas futures…
Natural Gas Futures Prices Flip Lower Following Signs of Strong Supply, Benign Weather Forecasts
Natural gas futures snapped a two-day rally with a sharp drop on Wednesday as markets shifted focus to mild weather and persistently strong production. The October Nymex gas futures contract settled at $2.733/MMBtu, down 11.5 cents day/day. November fell 10.5 cents to $2.921. At A Glance: 60s Bcf injection projected Weather demand fades Output holds…
October Natural Gas Futures Sustain Momentum on Supply Uncertainty
Natural gas futures advanced for a second straight day as estimates continued to show lighter production levels and analysts anticipated another relatively small storage injection. Following an 8.4-cent gain in the previous session, the October Nymex gas futures contract on Tuesday gained 12.0 cents day/day and settled at $2.848/MMBtu. At A Glance: Production pressure persists…
Natural Gas Futures Rally Second Day Amid Softer Supplies; Spot Prices Level Off
Natural gas futures advanced for a second straight day as estimates continued to show lighter production levels and analysts anticipated another relatively small storage injection. Following an 8.4-cent gain in the previous session, the October Nymex gas futures contract on Tuesday gained 12.0 cents day/day and settled at $2.848/MMBtu. NGI’s Spot Gas National Avg. slipped…
With Supply Levels in Question, October Natural Gas Futures Recover Ground
Natural gas futures floundered at first on Monday, hindered by autumn-like weather. As the session wore on, though, traders shifted attention to production that remains below recent highs as well as predictions for another lean storage increase. Coming off a 6.4-cent loss in Friday’s session, the October Nymex gas futures contract settled at $2.728/MMBtu on…
Natural Gas Futures, Cash Prices End Downward Slide as Market Sees Another Light Storage Build
Natural gas futures floundered at first on Monday, hindered by autumn-like weather. As the session wore on, though, traders shifted attention to production that remains below recent highs as well as predictions for another lean storage increase. At A Glance: Production off recent highs Heat endures in the South NGI models 63 Bcf injection Coming…