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Selling Weighted to Front of Natural Gas Forward Curves on Weak Near-Term Fundamentals
Markets
Appalachian Natural Gas Forward Curve Responds to EQT Cuts
Regional natural gas forwards generally pushed higher at the front of the curve during the Feb. 29-March 6 trading period as ebbing production strengthened the price outlook for a market dealing with excess supply exiting winter, NGI’s Forward Look data show. Fixed prices for April delivery at benchmark Henry Hub added 4.0 cents for the…
March 7, 2024Natural Gas Prices
Natural Gas Forward Curves Strengthening for 2024 Amid Signs of Weaker Production
Regional natural gas forward curves offered hints of a market climbing out of the doldrums for the upcoming injection season, even as many hubs held flattish week/week for April delivery, NGI’s Forward Look data show. Fixed prices at Henry Hub for April delivery added 2.2 cents for the Feb. 22-28 trading period to reach $1.897/MMBtu,…
February 29, 2024Markets
Sparked by Chesapeake Cuts, Natural Gas Forwards Rally Across 2024 Strip
A wave of bullish optimism, tied to the production cuts announced recently by Chesapeake Energy Corp., also lifted regional natural gas forwards higher during the Feb. 15-21 trading period, NGI’s Forward Look data show. For numerous Lower 48 trading locations, the most pronounced week/week fixed price gains occurred further along the strip during the 2024…
February 22, 2024Markets
Widespread Discounts for Natural Gas Forwards as Mild Weather Crushes Prices
Slammed by a lack of winter weather set against a robust supply backdrop, regional natural gas forwards fell sharply across the Lower 48 during the Feb. 8-14 trading period, NGI’s Forward Look data show. Henry Hub fixed prices for March delivery took a 35.6-cent nosedive week/week to exit the period at $1.620/MMBtu. The benchmark saw…
February 15, 2024Trending News
Natural Gas Prices
Selling Weighted to Front of Natural Gas Forward Curves on Weak Near-Term Fundamentals
Mar 14, 2024Natural Gas Prices