• Futures were boosted by continued robust LNG levels
  • European demand for U.S. exports is mounting
  • Cash prices advanced after storms in the West

Natural gas futures on Monday advanced for a second consecutive session, boosted by continued robust liquefied natural gas (LNG) levels. The April Nymex contract settled at $2.582/MMBtu, up 4.7 cents day/day. May gained 5.3 cents to $2.619.

Cameron's corner

NGI’s Spot GasNational Avg. rose 4.0 cents to $2.310, with prices up across the Rocky Mountains region along with a snow storm to start the week.

LNG feed gas volumes held well above 11 Bcf to start the week after approaching 12 Bcf during last Friday’s trading. The export activity boosted the prompt month on Friday by 5.4 cents and continued to help drive market momentum on Monday.

Asian...