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, Cash Prices Struggle for Direction Amid Weakened Weather Demand
Natural gas futures floundered most of Tuesday, but for a third straight session, the October contract approached the end of a tepid run at the front of the curve with a small gain. Lighter production offset fading demand and export uncertainty. Following tiny gains in the two prior sessions – and losses overall last week…
September 27, 2023
Natural Gas Futures Choppy as Expiry Looms; Spot Prices Flat
Natural gas futures floundered most of Tuesday, but for a third straight session, the October contract approached the end of a tepid run at the front of the curve with a small gain. Lighter production offset fading demand and export uncertainty. Following tiny gains in the two prior sessions – and losses overall last week…
September 26, 2023
Natural Gas Futures, Cash Prices Aided by Supply Uncertainty
Natural gas futures forged ahead on Monday, building on the modest momentum gathered late last week after supportive government inventory data and price jumps in Europe. Following a 2.7-cent gain on Friday, the October Nymex gas futures contract settled at $2.639/MMBtu, up two-tenths of a cent to start the new week. November rose 2.7 cents…
September 26, 2023
Despite Lost Demand, Natural Gas Futures Hold Positive Second Day; Spot Prices Rally
Natural gas futures forged ahead on Monday, building on the modest momentum gathered late last week after supportive government inventory data and price jumps in Europe. Following a 2.7-cent gain on Friday, the October Nymex gas futures contract settled at $2.639/MMBtu, up two-tenths of a cent to start the new week. November rose 2.7 cents…
September 25, 2023
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…
September 22, 2023
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…
September 22, 2023
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…
September 22, 2023
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…
September 21, 2023
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…
September 21, 2023
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…
September 20, 2023