Natural Gas Forward Curves Stagnate Ahead of Potentially Hot Summer

Shoulder-season doldrums took hold of natural gas forward curves for the trading period ending May 5 as mild weather stole some of the momentum away from strong export demand. June forward prices averaged exactly flat for the period amid a mix of small gains and losses, while the balance of summer (June-October) eked out a…

NGI Adopting Three-Day Natural Gas Bidweek Trading Period, Making Other Changes to Price Index Listings

Natural Gas Intelligence (NGI) is moving forward with some of the changes it proposed in February to better align with marketplace trends, which include shifting to a three-day bidweek trading period instead of the traditional five days in its bidweek determination period. NGI also is making a number of changes to its price index listings…

May 7, 2021

Natural Gas Forwards Rally Alongside Futures as Market Resonates with Summer Excitement

Riding the momentum from rallying futures prices as the natural gas market begins to look optimistically toward summer, forwards firmed by the double digits throughout much of the Lower 48 during the April 22-28 trading week, NGI Forward Look data show. With continued strength in export volumes — via liquefied natural gas (LNG) and pipeline…

April 29, 2021

Strong Exports, Persisting Chill Drive Modest Gains for Natural Gas Forward Prices

Lingering cold weather and strong export demand fueled a modest rebound for natural gas forward prices across North America during the trading period from April 15-21, according to NGI’s Forward Look. Falling prices on the U.S. East Coast, however, brought the overall average down at the front of the curve, while more notable gains were…

April 22, 2021

May Natural Gas Prices Retreat on Small Fluctuations in Supply/Demand Data

After a meaningful step higher over the past week or so, natural gas futures steadied a bit on Tuesday and traded in a tight range. Small deviations in supply and demand ultimately sent the May Nymex contract down 2.2 cents to settle at $2.727, while the June contract slipped 1.5 cents to $2.803. Spot gas…

April 20, 2021