Natural Gas Forwards Nosedive as Traders Eye February Warmup

Natural gas traders turned a blind eye to some of the coldest weather of the winter set to arrive in days, sending natural gas forward prices plummeting across the country during the trading period from Jan. 13-19, NGI’s Forward Look showed. While fixed prices for the February contract came off as much as $2.610/MMBtu at…

Frigid Forecasts Fuel February Natural Gas Forwards; Futures Prove Fickle

With the heart of the winter heating season poised to deliver impressive chills for key portions of the Lower 48, natural gas forward prices surged higher during the Jan. 5-12 trading period, though a sharp sell-off for Nymex futures Thursday suggested recent gains may have been overdone. Fixed price Henry Hub contracts for February delivery…

January 13, 2022

New Year Winter Blast Rocks Natural Gas Forwards Prices, but Maintaining Momentum Questionable

Plunging temperatures, soaring demand and falling production resulted in stout price gains across U.S. natural gas forward curves for the Dec. 31-Jan 5 period, NGI’s Forward Look data showed. Dollar-plus price increases spread across Appalachia and the Northeast as output struggled to recover amid ongoing cold in the region. The reduction in supply – a…

January 6, 2022

Coastal Discounts, Midwest Gains Highlight Holiday Trading for Natural Gas Forwards

The upside January price risk baked into natural gas forwards at hubs along the populated coasts proved overdone as buyers locked in steep discounts during the post-Christmas trading period, NGI’s Forward Look data show. While January fixed prices at benchmark Henry Hub rose 3.8 cents during the Dec. 22-29 trading period, numerous locations saw heavy…

December 30, 2021

Despite December Warmth, January Chills Send Shiver Through Natural Gas Forwards Market

As forecasts suggested a mild Christmas could give way to a chilly New Year’s, the natural gas market baked in a healthy dose of upside for January prices during the Dec. 16-22 trading period, NGI’s Forward Look data show. Fixed gas prices for January delivery mounted double-digit gains throughout the Lower 48 for the period,…

December 23, 2021