Markets

Baseload natural gas prices for August trended lower on the first day of bidweek trading, according to NGI’s Bidweek Alert. The modest price declines occurred against a backdrop of stubbornly high storage levels and lofty production levels, which have been offset only by strong summer heat in the West and Texas. Despite the modest weakness…

Markets

With intense summer heat in Texas and the South forecast to become more widespread beginning next month to drive up cooling demand, natural gas prices for July baseload delivery strengthened, according to NGI’s Bidweek Alert. Price increases were most significant on the West Coast, where triple-digit desert highs combined with an ongoing deficit in storage…

Markets

Baseload natural gas prices for June delivery showed signs of recovery as stronger LNG demand and early summer heat lifted some areas of the Lower 48, while an improved supply situation in the West continued to knock down prices there, according to NGI’s Bidweek Alert (BWA). The mixed bag for U.S. natural gas prices compared…

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Baseload natural gas prices for May remained under pressure relative to benchmark Henry Hub as bidweek trading commenced on Monday, hindered by benign weather and continued strong production levels. Weakness was pronounced in the nation’s midsection, according to NGI’s Bidweek Alert (BWA), with prices low across the Midwest and Midcontinent. Chicago Citygate basis was trading…