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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

Associate Editor, Markets | Sioux Falls, SD

@KNatgas

email kevin.dobbs@naturalgasintel.com

December Natural Gas Futures Bounce Back, Finish Week in the Green

December Natural Gas Futures Bounce Back, Finish Week in the Green

Despite strong production levels and festering weather worries, natural gas futures recovered some ground on Friday, as traders saw a buying opportunity after the prompt month shed 12 cents a day earlier and reached its lowest level of the fall months. Futures have in November struggled to maintain momentum amid forecasts for unseasonably warm weather,…

November 20, 2020
December Natural Gas Futures Drop After Bearish Storage Injection Punctuates Weather Worries

December Natural Gas Futures Drop After Bearish Storage Injection Punctuates Weather Worries

A higher-than-expected storage injection weighed down futures Weak weather-driven demand persisted for another session LNG volumes held strong, but so too did production Weak weather-driven demand and a higher-than-expected storage injection weighed down natural gas futures on Thursday. The December Nymex contract shed 12.0 cents day/day and settled at $2.592/MMBtu. January fell 11.8 cents to…

November 20, 2020
With Storage Injection and Weather Bearish, December Natural Gas Futures Slide Lower

With Storage Injection and Weather Bearish, December Natural Gas Futures Slide Lower

Weak weather-driven demand and a higher-than-expected storage injection weighed down natural gas futures on Thursday. The December Nymex contract shed 12.0 cents day/day and settled at $2.592/MMBtu. January fell 11.8 cents to $2.720. NGI’s Spot Gas National Avg. declined 4.5 cents to $2.125. After weather models shifted cooler earlier in the week, they reverted back…

November 19, 2020
December Natural Gas Futures Sink as Storage Injection Amplifies Weather Worries

December Natural Gas Futures Sink as Storage Injection Amplifies Weather Worries

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 31 Bcf into natural gas storage for the week ending Nov. 13. The result exceeded the midpoint of analysts’ bearish estimates and punctuated market concerns about weak weather demand, keeping pressure on Nymex natural gas futures. “It was warmer than normal over the…

November 19, 2020
December Natural Gas Futures Creep Higher on Modest Heating Demand Improvement

December Natural Gas Futures Creep Higher on Modest Heating Demand Improvement

BREAKING: U.S. EIA reports injection of 31 Bcf into natural gas storage for the week ending Nov. 13 Liquefied natural gas volumes held strong Production continued to climb, pressuring spot prices December Natural gas futures edged up on Wednesday, led higher by steadily solid liquefied natural gas (LNG) volumes and weather forecasts that shifted cooler.…

November 19, 2020
December Natural Gas Futures Crawl Higher Ahead of Storage Report; Cash Prices Drop

December Natural Gas Futures Crawl Higher Ahead of Storage Report; Cash Prices Drop

December Natural gas futures edged up on Wednesday, led higher by steadily solid liquefied natural gas (LNG) volumes and weather forecasts that shifted cooler. The December Nymex contract rose 2.0 cents day/day and settled at $2.712/MMBtu. January, however, traded sideways most of the day and closed down six-tenths of a cent at $2.838. NGI’s Spot…

November 18, 2020
Petroleum Demand Declines Along with Coronavirus Spikes, EIA Says

Petroleum Demand Declines Along with Coronavirus Spikes, EIA Says

U.S. petroleum demand decreased last week, with gasoline and jet fuel demand both down from the prior week and well below 2019 levels. In its latest Weekly Petroleum Status Report, EIA said Wednesday that overall petroleum demand fell 3% week/week and was 8% below levels for the comparable week a year earlier. On a year/year…

November 18, 2020
December Natural Gas Futures Flat as LNG Strengthens but Weather Demand Eases

December Natural Gas Futures Flat as LNG Strengthens but Weather Demand Eases

  Markets considered modest domestic demand and rising production Liquefied natural gas volumes hovered near record levels Spot prices declined amid mild fall temperatures Natural gas futures on Tuesday traded sideways as markets weighed modest weather-driven demand and rising production against continued strength in exports. The December Nymex contract flipped between slight gains and losses…

November 18, 2020
Momentum Eludes December Natural Gas Futures as Production Rises, Domestic Demand Tapers

Momentum Eludes December Natural Gas Futures as Production Rises, Domestic Demand Tapers

Natural gas futures on Tuesday traded sideways as markets weighed modest weather-driven demand and rising production against continued strength in exports. The December Nymex contract flipped between slight gains and losses throughout much of Tuesday’s session and ultimately settled at $2.692/MMBtu, down a half-cent day/day. January fell 2.0 cents to $2.844. A day earlier, the…

November 17, 2020
Natural Gas Futures Drop on Weaker Weather Demand and Soft Spot Prices

Natural Gas Futures Drop on Weaker Weather Demand and Soft Spot Prices

Bearish weather patterns and increased production weighed on futures Comfortable temperatures spread across much of the nation’s southern half Liquefied natural gas volumes held strong Despite robust export demand, bearish weather patterns and increased production weighed down natural gas futures on Monday. The December Nymex contract dropped 29.8 cents day/day and settled at $2.697/MMBtu to…

November 17, 2020