Natural Gas Weekly Cash, Futures Prices Pummeled by Moderating Heat, Freeport Uncertainty

Spot natural gas prices headed lower during the June 30-July 1 trading period for July natural gas delivery amid cooler temperatures in Texas, fleeting bouts of heat elsewhere and the typical lull in demand seen over a holiday weekend. NGI’s Weekly Spot Gas National Avg. dropped 49.5 cents to $5.845/MMBtu. Futures action in the natural…

After Record Heat, Cooler Forecast Leads to Sharp Discounts for Natural Gas Weekly, Futures Prices

Spot gas prices crumbled during the June 21-24 trading week despite heat becoming more widespread, for a few days at least, across the country’s midsection. NGI’s Weekly Spot Gas National Avg. plummeted $1.225 to $6.340/MMBtu. Nymex futures action, meanwhile, continued to be dominated by the Freeport liquefied natural gas (LNG) outage, with the market questioning…

June 24, 2022

Despite Strong Demand, Weekly Natural Gas Prices Dragged Down by LNG Mishap

Weekly cash prices gave up ground despite modest production and robust cooling demand across much of the Lower 48 that fueled several daily gains. NGI’s Weekly Spot Gas National Avg. for the June 13-17 period declined 94.5 cents to $7.565, dragged lower by an outsized loss on Tuesday tied to broader natural gas market sentiment…

June 17, 2022

Scorching Heat Wave Lifts Weekly Natural Gas Cash Prices, but Freeport LNG Outage Pressures Futures

Record-breaking temperatures and a precipitous drop in wind generation fueled impressive gains for natural gas prices across the Lower 48 during the June 6-10 trading week. NGI’s Weekly Spot Gas National Avg. picked up 36.5 cents to reach $8.510/MMBtu. Futures, however, finished lower on the week as traders struggled with how an outage at the…

June 10, 2022

Notice of NGI Data Accessibility Issues for Data Published Friday, June 3 & Monday, June 6

Some Daily Datafeed, Mexico Daily Datafeed and Shale Daily data customers that access data via API and/or FTP may have been unable to retrieve data for publication date Monday, June 6 because of an internal processing error. Our IT team has solved the problem, and you should now be able to access those data as normal.

June 6, 2022