Kevin Dobbs

Natural gas futures fell for a second straight session on Thursday, dragged lower by forecasts for benign weather and government inventory data that showed stout supplies in storage. At A Glance: EIA prints 37 Bcf withdrawal Outlook shifts to injections Weather demand softens Coming off a 2.1-cent loss the prior day, the May Nymex gas…

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 37 Bcf natural gas from storage for the week ended March 29. The result fell just shy of expectations and, with inventories still plump and injections on the horizon, left Nymex natural gas futures under pressure. Ahead of the 10:30 a.m. ET government…

Natural gas futures rallied again on Tuesday, gaining ground amid near-term weather demand and despite expectations for a festering supply glut through the spring shoulder season. At A Glance: Prompt month adds 2.5 cents Gas production remains lower Heating demand spreads east Following a 7.4-cent rally on Monday and gains late last week, the May…

Natural gas futures rallied again on Tuesday, gaining ground amid near-term weather demand and despite expectations for a festering supply glut through the spring shoulder season. At A Glance: Prompt month adds 2.5 cents Gas production remains lower Heating demand spreads east Following a 7.4-cent rally on Monday and gains late last week, the May…

Natural gas futures forged ahead to kick off April trading, supported by drops in production readings and near-term weather data that showed a bump in heating demand. At A Glance: Output slides to 97 Bcf/d Forecasts for mixed demand NGI models draw of 41 Bcf Coming off a 4.5-cent gain ahead of Good Friday last…

Natural gas futures forged ahead to kick off April trading, supported by drops in production readings and near-term weather data that showed a bump in heating demand. Coming off a 4.5-cent gain ahead of Good Friday last week, the May Nymex gas futures contract picked up another 7.4 cents on Monday and settled at $1.837/MMBtu.…

Weekly natural gas cash prices gave up modest ground despite a dose of chilly temperatures and lighter production readings to launch into the spring season.   In a Good Friday holiday-abbreviated week, NGI’s Weekly Spot Gas National Avg. for the March 25-27 trading period shed 5.5 cents to $1.300/MMBtu. Gas during the period was to flow…

Natural gas production in Canada proved robust through the past winter, even as heating demand waned in the back half of the season. Supplies in storage swelled and prices dropped as a result, mirroring and compounding conditions in the United States.  Related U.S. challenges include elevated supplies in the Pacific region, due in part to…

West Texas natural gas cash prices remain mired in negative territory amid weak weather-driven demand and a massive supply overhang. Waha cash prices on Monday ticked up a half-cent but still averaged negative 69.5 cents/MMBtu, according to NGI data. The West Texas benchmark has mostly hovered in the red since early March. El Paso Permian…