Leticia Gonzales joined Natural Gas Intelligence as a markets contributor in 2014 after nine years at S&P Global Platts, where she was involved in producing the daily and forward price indexes for U.S. electricity and natural gas markets. She joined NGI full time in 2019 to cover North American natural gas markets and news and in 2021 was appointed Price & Markets Editor. In this role, Leticia oversees NGI's Daily Gas Price Index, including the process for calculating, monitoring, and publishing its natural gas daily prices.
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Articles from Leticia Gonzales
Natural Gas Fall as Long-Range Outlook Warms; Cash Slides on Milder Temperatures
Natural gas futures continued to slide Friday on further warmer trends in the latest weather models, crushing any hopes that bulls had for a return to $2 gas. The March Nymex gas futures contract settled at $1.905/MMBtu, down 1.5 cents from Thursday’s close. April slipped 1.4 cents to $1.917.
Natural Gas Futures Fall as Weather Patterns May Stay ‘Quite Warm’; Cash Mostly Lower, But AECO Up
After taking a few steps back last week, natural gas futures moved more convincingly lower on Monday following further warming in the latest weather models. The March Nymex gas futures contract settled at $1.827/MMBtu, down 7.8 cents from Friday’s close. April dropped 7.4 cents to $1.843.
Traders Shrug Off Bullish EIA Data as Weather Models Flip Warmer; Cash Slides
Stubborn atmospheric conditions sapped the momentum natural gas futures had early Thursday following a larger-than-expected storage withdrawal. The March Nymex contract, which briefly soared above $2/MMBtu, went on to settle at $1.920, 3.5 cents lower day/day. April fell 4.0 cents to $1.931.
Earlier Signs of Cold Propel Natural Gas Forwards Despite Warmer Risks to Forecasts
An abrupt, albeit temporary, change in long-range weather models resuscitated natural gas forward markets for the period between Feb. 13 and Feb. 19, lifting March prices by an average 13 cents, according to NGI’s Forward Look. The double-digit increases extended into April, while smaller gains were seen for the summer strip (April-October), next winter and beyond.
Further Warming Weather Outlooks, Weak Cash Pressure Natural Gas Futures; More Downside ‘Likely’
Natural gas futures continued to slide Friday on further warmer trends in the latest weather models, crushing any hopes that bulls had for a return to $2 gas. The March Nymex gas futures contract settled at $1.905/MMBtu, down 1.5 cents from Thursday’s close. April slipped 1.4 cents to $1.917.
Quick-Moving Winter Blast Provides Modest Uplift for Weekly Natural Gas Prices
The Feb. 17-21 period was a volatile one for spot natural gas prices as some of the coldest weather of the season drove up demand in premium markets. However, a dramatic move lower later in the period left weekly prices only slightly higher week/week. NGI’s Weekly Spot Gas National Avg. climbed 7.0 cents to $1.820.
Bullish EIA Storage Figure Sparks Rally for Natural Gas Futures
The U.S. Energy Information Administration (EIA) once again surprised to the bullish side, reporting a larger-than-expected 151 Bcf withdrawal from natural gas storage inventories for the week ending Feb. 14 and providing Nymex futures a bump late Thursday morning.
Natural Gas Futures Pare Gains as Weather Data Warms; Cold Snap Keeps Cash Supported
The momentum that weather models garnered over the last few days sputtered on Wednesday, with natural gas futures prices retreating a bit after warmer revisions to the long-range outlook. The March Nymex gas futures contract closed the session at $1.955, down 2.6 cents from Tuesday’s close. April was unchanged at $1.971.
NGI The Weekly Gas Market Report
Chillier Forecast Fuels Natural Gas Forwards Rally, but Sustainability Still Questionable
An abrupt change in long-range weather models resuscitated natural gas forward markets for the period between Feb. 13 and Feb. 19, lifting March prices by an average 13 cents, according to NGI’s Forward Look. The double-digit increases extended into April, while smaller gains were seen for the summer strip (April-October), next winter and beyond.
$2 Natural Gas Slips from Traders’ Grip Despite Supportive EIA Data; Weather Models Trend Warmer
Stubborn atmospheric conditions sapped the momentum natural gas futures had early Thursday following a larger-than-expected storage withdrawal. The March Nymex contract, which briefly soared above $2/MMBtu, went on to settle at $1.920, 3.5 cents lower day/day. April fell 4.0 cents to $1.931.