Story of the day
Mexico’s Sheinbaum Promises Energy Continuity Amid Sector Challenges
Natural Gas Prices
May Natural Gas Futures Shake Off Plump Build to Narrow Declines
The latest natural gas storage report by the U.S. Energy Information Administration (EIA) surprised the market with a bigger-than-expected 92 Bcf injection for the week ended April 19. Natural gas futures initially responded by trading lower before narrowing their day/day decline. The May Nymex contract was trading 3.6 cents lower day/day at around $1.617/MMBtu in…
April 25, 2024Markets
Natural Gas Futures Climb for Second Day as Maintenance Sends Output Lower
Natural gas futures finished higher Tuesday after a choppy session that began in the red, supported by a rebound in U.S. LNG exports and a blitz of pipeline maintenance that sent gas production estimates lower. At A Glance: West Texas prices flip positive MVP pipeline ready to start in May Production falls below 97 Bcf/d…
April 23, 2024LNG
How Does Vaca Muerta Reach Potential? Through LNG, Industry Says
Argentina’s vast natural gas resources would only be fully developed with an LNG export facility, according to experts who spoke at a recent energy conference. “Clearly we think we need to develop the regional market,” said Pampa Energía’s director of commercialization and midstream, Santiago Patrón. The executive at one of Argentina’s top natural gas producers…
April 23, 2024Markets
Natural Gas Futures Get Boost from Freeport Restart, Cool Weather-Driven Demand
Natural gas futures resumed their climb on Monday, buoyed by a recovery in Gulf Coast LNG feed gas demand above 12 Bcf/d and Lower 48 gas production staying subdued. A jump in Henry Hub cash prices also added support. At A Glance: NGI estimates 86 Bcf injection Freeport restarts LNG exports Production at 98.2 Bcf/d …
April 22, 2024Trending News
Markets
