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 Rally Fifth Straight Day on Tightening Fundamentals; Spot Prices Level Off
A bullish storage result – at least relative to expectations – punctuated bullish sentiment built on the combination of rising cooling demand and sagging production, bolstering natural gas futures Friday and marking the fifth gain in as many sessions. At A Glance: Prompt month gains 9.9 cents Southern heat wave endures Production slump continues Coming…
June 16, 2023
Natural Gas Futures, Cash Prices Rally as Demand Heats Up, Storage Increases Ease
Natural gas futures on Thursday rallied for a fourth consecutive session, bolstered by a bullish storage print that came on the heels of hotter weather and lower production. The July Nymex gas futures contract settled at $2.533/MMBtu, up 19.1 cents day/day. August jumped 19.6 cents to $2.609. NGI’s Spot Gas National Avg. rose 1.0 cent…
June 16, 2023
Natural Gas Futures Open Higher, Extend Win Streak Amid Signs of Supply/Demand Tightening
Coming off four consecutive gains – and a big bounce on Thursday — natural gas futures trended further upward to kick off the final trading session of the week. Supported by hotter weather, lower production and bullish inventory data, the July Nymex gas futures contract was up 3.0 cents at $2.563/MMBtu at around 8:40 a.m.…
June 16, 2023
Natural Gas Futures Surge, Spot Prices Extend Rally on Surprisingly Bullish Inventory Data
Natural gas futures on Thursday rallied for a fourth consecutive session, bolstered by a bullish storage print that came on the heels of hotter weather and lower production. The July Nymex gas futures contract settled at $2.533/MMBtu, up 19.1 cents day/day. August jumped 19.6 cents to $2.609. At A Glance: EIA prints 84 Bcf injection…
June 15, 2023
Natural Gas Futures Extend Rally as Production Takes Another Hit
One might not call it a rally, but natural gas futures advanced for a third time in as many sessions on Wednesday, supported by the combination of weakened production and strengthening cooling demand. At A Glance: BREAKING: U.S. EIA reports injection of 84 Bcf into natural gas storage for week ended June 9 Weather demand…
June 15, 2023
July Natural Gas Futures Prices Continue Upward Climb After Bullish Storage Result
The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 84 Bcf into natural gas storage for the week ended June 9. The result came in below analysts’ median expectations and Nymex natural gas futures rallied. Prior to the 10:30 a.m. ET report, the July futures contract was up 10.4 cents at $2.446/MMBtu.…
June 15, 2023
Natural Gas Futures Forge Higher Ahead of EIA Storage Print
Following three straight days of modest gains on hotter weather and lower production, natural gas futures pushed ahead early Thursday as traders awaited the latest government inventory data. The July Nymex gas futures contract was up 6.3 cents at $2.405/MMBtu at around 8:40 a.m. ET. National Weather Service (NWS) data continued to show robust heat…
June 15, 2023
Production Declines, Southern Heat Prop Up Natural Gas Futures, Cash Prices
One might not call it a rally, but natural gas futures advanced for a third time in as many sessions on Wednesday, supported by the combination of weakened production and strengthening cooling demand. The July Nymex gas futures contract gained two-tenths of a cent day/day to close at $2.342/MMBtu. The August contract climbed six-tenths of…
June 14, 2023
Production Dips, Demand Climbs and Natural Gas Futures Rally
Natural gas futures advanced for the second time early this week, supported by a hit to production and advancing heat in the South that galvanized increased cooling demand. Following a 1.2-cent gain to start the week, the July Nymex gas futures contract advanced 7.4 cents day/day and settled at $2.340/MMBtu on Tuesday. August rose 7.1…
June 14, 2023
Natural Gas Futures Advance Early on Mixed Demand Outlook, Falling Production
Natural gas futures were up early as traders digested modest shifts in fundamental data at the onset of Wednesday’s session. Forecasts showed a slight tilt toward cooler northern weather for the second half of June, but estimates pegged production lighter for a second consecutive day. Coming off a 7.4-cent gain the prior session, the July…
June 14, 2023