Markets

Natural gas futures pushed higher Monday, supported by the return of hot weather this week, a 12-week high in U.S. LNG exports and crimped supply in key South Central markets. The July Nymex contract settled up 16.9 cents day/day at $2.756/MMBtu. The contract took a windy road to get there. Prices jumped to a day…

Natural Gas Prices

Natural gas prices gained upside momentum in June bidweek trading as rising temperatures ignited cooling demand, pipeline maintenance eased and modest storage injections clashed with hints of increasing production. NGI’s June Bidweek National Avg. climbed 57.5 cents month/month to $1.815/MMBtu. Trading for the latest bidweek period spanned May 24, 28 and 29 when temperatures soared,…

Natural Gas Prices

With recent estimates helping to tamp down concerns that higher prices and summer cooling demand could bring a ramp-up in production, natural gas futures were rallying through midday trading Monday. Cash prices were up decisively, more than erasing discounts recorded late last week. Here’s the latest: July Nymex futures up 13.1 cents to $2.718/MMBtu as…

Mexico

Mexico’s Claudia Sheinbaum swept to victory in the general election on Sunday, becoming the nation’s first female president in a historic vote that saw her Morena party strengthen its grip on the country’s political establishment. “This is the recognition of the people of Mexico of our national project,” Sheinbaum said in her victory speech. “For…