Items Tagged with 'waha'

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Waha Cash

Natural Gas Futures Surge as WTI Crude Goes Negative, but Waha Cash Trades at Record Low

Still struggling to get a grasp on how much demand is being lost amid the coronavirus pandemic, natural gas traders on Monday took their cue from unparalleled deterioration in the oil markets. After an initial sell-off early in the session, the May Nymex gas futures contract rallied, shattering resistance and settling the day at $1.924, up 17.1 cents from Friday’s close. June climbed 14.6 cents to $2.049. Read More
El-Paso-Permian-and-Waha-Forward-Fixed-Price-Curves-20190404-v2

Negative Permian Prices Lead Downward Trajectory for Natural Gas Forwards

In the throes of the shoulder season, natural gas forward prices sank further during the March 28-April 3 period amid a healthy supply picture, mild weather and storage inventories that were seen as easily being replenished this summer. May, June and balance-of-summer (May-October) prices slid an average 5 cents, while Permian Basin forward prices joined their cash counterparts in negative territory, according to NGI’s Forward Look. Read More