Natural Gas Spot, Futures Prices Take Beating as December Weather Trends Warmer

After a stretch of widespread cold, warming weather in some parts of the United States but a lingering chill in others led to a mix of gains and losses for natural gas spot prices during the three-day Nov. 30-Dec. 2 trading period. NGI’s Weekly Spot Gas National Avg. ultimately climbed 39.5 cents to $7.180. Natural…

Weekly Natural Gas Prices Post Strong Gain Alongside Futures Rally

Weekly natural gas cash prices gained ground amid seasonally strong demand in the West and another anticipated round of frigid temperatures in the region during the week ahead. NGI’s Weekly Spot Gas National Avg. for the holiday-abbreviated Nov. 21-23 period gained 40.5 cents to $6.785. It marked the third consecutive weekly advance for cash markets.…

November 23, 2022

Weekly Natural Gas Prices, Futures Forge Ahead Amid First Big Blast of Winter

Weekly natural gas cash prices cruised ahead as bitter cold temperatures canvassed the Lower 48 and fueled robust heating demand. Freezing temperatures also slowed production activity, adding a bullish undercurrent and helping power the spot market to a second consecutive weekly gain. NGI’s Weekly Spot Gas National Avg. for the Nov. 14-18 period jumped $2.175…

November 18, 2022

Weekly Natural Gas Prices Waver, Ultimately Advance in Topsy-Turvy Trading

Prices in the physical market catapulted higher Monday amid forecasts for widespread bitter cold by the weekend, then gave up ground the next two days amid benign near-term conditions, and then surged back ahead once again after freezing air advanced into the Midwest on Thursday to cap a holiday-abbreviated trading week. NGI’s Weekly Spot Gas…

November 10, 2022

Weekly Natural Gas Prices, Futures Ride Supply/Demand Rollercoaster

Weekly natural gas cash prices ultimately gave up ground amid near-term mild temperatures and light heating demand, which culminated a choppy slog of trading marked by wavering weather forecasts, a stout storage injection and a cloud of recession fears that threatened to darken. NGI’s Weekly Spot Gas National Avg. for the Oct. 31-Nov. 4 period…

November 4, 2022