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Mexico Lagging Behind Peer Markets in Natural Gas Storage, Report Warns
Markets
May Natural Gas Called Slightly Higher as Traders Eye Production, Cool Temps
Natural gas futures nudged higher early Monday as near-term heating demand and soft springtime production offered support for prices. The May Nymex contract was up 2.1 cents to $1.773/MMBtu at around 8:45 a.m. ET. June was up 2.5 cents to $2.013. Updated estimates Monday showed domestic production remaining steady at sub-100 Bcf/d levels. Bloomberg data…
April 22, 2024Mexico
Mexico Natural Gas Demand Outlook Useful for Market, but Could Be Misleading — Column
Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The recent publication of Mexico’s “Prospectivas” report by the energy ministry Sener is a significant event for stakeholders in the natural gas…
April 19, 2024Markets
Natural Gas Futures Hold Onto Weather-Driven Gains as Storage Print Comes In-Line
Natural gas futures gained on Thursday, supported by colder forecasts for next week and a government inventory report that showed supplies did not grow faster than expected. At A Glance: EIA reports 50 Bcf injection Forecasts colder for next week Production at 97.8 Bcf/d Coming off two days of price volatility caused in part by…
April 18, 2024Natural Gas Prices
May Natural Gas Futures Jump After Storage Print Lands Near Expectations
Utilities injected 50 Bcf of natural gas into storage for the week ended April 12, the U.S. Energy Information Administration (EIA) reported on Thursday. The result, near market expectations and avoiding the previous week’s bearish print, sent futures higher. Ahead of the 10:30 a.m. ET government report, May Nymex futures were trading 4.9 cents higher…
April 18, 2024Trending News
Markets
Natural Gas Futures Hold Onto Weather-Driven Gains as Storage Print Comes In-Line
Apr 18, 2024
Natural Gas Prices
