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
With Russia, OPEC Output in Question, U.S. Crude Production Ramps Up
Domestic oil production jumped back to the 2022 peak level as OPEC and its allies affirmed plans to slash production through the end of the year as fallout from Russia’s war in Ukraine and China’s pandemic woes continued to roil global markets. The U.S. Energy Information Administration (EIA) said Wednesday output for the period ended…
December 7, 2022
December Natural Gas Bidweek Prices Soar as Wintry Weather Sends Demand Surging
Natural gas prices spiked in December bidweek trading as markets absorbed the demand impacts of cold wintry blasts that permeated the West, central United States and parts of the East. Early snowstorms and freezing conditions propelled heating demand and interrupted production, buttressing prices. NGI’s December Bidweek National Avg. spiked $3.445 month/month to $8.395/MMBtu. That far…
December 1, 2022
Natural Gas Futures Drop on Mixed Weather, Higher Production
Natural gas futures gave up ground Wednesday as traders absorbed reports of increased production, uneven weather-driven demand and the potential to avert a railroad strike. At A Glance: BREAKING: U.S. EIA reports 81 Bcf withdrawal from storage Production picks up Markets mull weather The January Nymex natural gas futures contract, a day after edging ahead…
December 1, 2022
Natural Gas Futures Flop Following Production Bump, Mixed Weather Outlook; Cash Prices Climb
Natural gas futures gave up ground Wednesday as traders absorbed reports of increased production, uneven weather-driven demand and the potential to avert a railroad strike. At A Glance: Gas production bounces back Markets mull evolving weather Analysts see storage pull in 80s Bcf The January Nymex natural gas futures contract, a day after edging ahead…
November 30, 2022
January Natural Gas Futures Claw Out Gain; Cash Prices Strong
Natural gas futures found fresh footing on Tuesday, with the January contract rebounding in its first session as the front month on production drops, rising railroad strike fears and expectations for stronger demand in the month ahead. After sliding 13.4 cents to start the week, January Nymex gas futures settled at $7.235/MMBtu on Tuesday, up…
November 30, 2022
Domestic Oil Output Steady as Demand Flatlines Around Thanksgiving; OPEC-plus Mulls More Cuts
U.S. crude production held steady last week while demand ticked lower even amid Thanksgiving holiday travel. Oil prices pushed higher Wednesday, though gains developed prior to the government data release. Market speculation that OPEC and its allies could further slash production through this year and into 2023 propelled bulls. Brent crude prices hovered around $85/bbl…
November 30, 2022
January Natural Gas Futures Contract Advances in Debut as Prompt Month; Spot Prices Soar
Natural gas futures found fresh footing on Tuesday, with the January contract rebounding in its first session as the front month on production drops, rising railroad strike fears and expectations for stronger demand in the month ahead. After sliding 13.4 cents to start the week, January Nymex gas futures settled at $7.235/MMBtu on Tuesday, up…
November 29, 2022
December Natural Gas Futures Limp into Expiration; Spot Prices Slip
Natural gas futures on Monday floundered following forecasts for milder weather and estimates of strong production to start the week, continuing a slump as the December contract traded into expiration. At A Glance: Weather demand fades in outlook Analysts expect second storage pull Rail strike looms After falling in Friday’s session, the December Nymex natural…
November 29, 2022
December Natural Gas Futures Prices Falter on Expiration; Cash Cascades
Natural gas futures on Monday floundered following forecasts for milder weather and estimates of strong production to start the week, continuing a slump as the December contract traded into expiration. At A Glance: Weather demand fades in outlook Analysts expect second storage pull Rail strike lurks for natural gas bulls After falling in Friday’s session,…
November 28, 2022
U.S. Crude Production Steady as Demand Drops Ahead of Holiday
U.S. exploration and production (E&P) companies kept output for the week ended Nov. 18 at 12.1 million b/d, even with the prior week and generally on par with the level maintained through the fall, according to the Energy Information Administration (EIA). E&Ps raised production to a pandemic-era high of 12.2 million b/d at points in…
November 28, 2022