Kevin Dobbs

Natural gas futures maintained momentum Tuesday, supported by a dip in production and forecasts for increasing national heat. Coming off an 8.7 cent advance to start the week, the August Nymex gas futures contract on Tuesday gained 6.2 cents day/day and settled at $2.731/MMBtu. September rose 5.1 cents to $2.692. NGI’s Spot Gas National Avg.…

Natural gas futures maintained momentum Tuesday, supported by a dip in production and forecasts for increasing national heat. Coming off an 8.7 cent advance to start the week, the August Nymex gas futures contract on Tuesday gained 6.2 cents day/day and settled at $2.731/MMBtu. September rose 5.1 cents to $2.692. NGI’s Spot Gas National Avg.…

Natural gas futures forged ahead on Monday, bolstered by forecasts for peak summer heat and robust cooling demand. The August Nymex gas futures contract settled at $2.669/MMBtu, up 8.7 cents day/day. September rose 7.1 cents to $2.641. NGI’s Spot Gas National Avg. gained 19.5 cents to $2.345. Futures slumped throughout last week as production climbed…

Natural gas futures forged ahead on Monday, bolstered by forecasts for peak summer heat and robust cooling demand. The August Nymex gas futures contract settled at $2.669/MMBtu, up 8.7 cents day/day. September rose 7.1 cents to $2.641. At A Glance: Prompt month gains 8.7 cents Cooling demand set to mount Production recovers in July  NGI’s…

Weekly natural gas cash prices rallied early amid lofty temperatures and strong cooling demand across much of the Lower 48. But bullish sentiment faded late in the week amid a production rebound and an expected respite from the heat over the weekend. NGI’s Weekly Spot Gas National Avg. for the Independence Day holiday-abbreviated July 5-7…

Unlike the summer of 2022, when blistering heat and soft supplies sent natural gas futures to the doorstep of $10/MMBtu, prices in the United States this year — and key regions abroad — were held in check by elevated American production and relatively mild spring weather conditions. New York Mercantile Exchange prompt month futures, for…

Natural gas prices advanced in July bidweek trading as markets absorbed the demand impacts of summer heat permeating the nation’s midsection and most of the South and West. Maintenance-induced production declines curbed supplies during the covered period and added to the price momentum in the East. NGI’s July Bidweek National Avg. climbed 54.0 cents month/month…

Turmoil in Russia had little impact on U.S. natural gas prices early this week, traders said, but the uncertainty it infused into an already tenuous global energy outlook raised the specter of supply interruptions and market volatility in the months ahead. Over the past weekend, the Wagner private military group, until recently aligned with the…

Weekly cash prices forged ahead a third straight week as heat intensified and production remained mired in a maintenance-induced lull.  NGI’s Weekly Spot Gas National Avg. for the June 20-23 period advanced 22.0 cents to $2.185. The covered period was shortened by one session due to the Juneteenth holiday on Monday. Conditions during the week…