Markets

Natural gas prices moved lower in October bidweek trading as markets mulled prospects for waning weather-driven demand and the uncertain potential for a sustained recovery in liquefied natural gas (LNG) volumes. NGI’s October Bidweek National Avg. declined 33.0 cents month/month to $1.865/MMBtu and was well below the $2.005 average recorded during October 2019 bidweek. The…

Markets

While weathering a tumultuous stretch in the natural gas market headlined by a Category 4 hurricane crashing into the Gulf Coast, bidweek traders throughout much of the North American market locked in premiums for the month of September.  Strengthening futures prices bolstered by expectations for rising liquefied natural gas (LNG) demand in the month ahead…

Markets

Natural gas prices climbed higher in August bidweek trading as markets mulled prospects for ongoing seasonal cooling demand, strong power burns and robust Mexican export levels. NGI’s August Bidweek National Avg. rose 23.0 cents month/month to $1.680/MMBtu. The August Nymex natural gas futures contract rolled off the board last Wednesday at $1.854, up 5.4 cents…

Markets

Dragged down by loose balances amid weaker export demand, natural gas prices skidded lower in July bidweek trading even as a toasty forecast offered some encouragement for the bulls. NGI’s July Bidweek National Avg. fell 9.5 cents month/month to $1.450/MMBtu. That marks a 53-cent decline from the $1.980 average NGI recorded for July 2019 bidweek,…