February

February natural gas futures rebounded from early weakness Monday to settle shy of $3.000/MMBtu as weather models firmed up expectations for more heating demand from this week’s two winter storms and colder weather into next week. The February Nymex natural gas futures contract rose 8.7 cents day/day to settle at $2.980, after trading across a…

January Nymex natural gas futures extended a relief rally into the fourth trading day Monday as hints of colder January weather provided some support, but weather and fundamental outlooks suggested the upside movement would be short lived. At A Glance: Futures reverse early larger gains Supply outweighs brief weather support Cooldown helps cash mostly higher…

After months of repair work and documentation, Freeport LNG Development LP has formally asked federal regulators to allow preliminary work to restart the 2.38 Bcf/d terminal, according to FERC filings. Federal Energy Regulatory Commission staff published Monday a request submitted by the Houston-based company requesting permission to begin reintroducing liquefied natural gas through its Loop…

U.S. oil and gas permitting across the board showed solid growth in the first three months of the year, with the Denver-Julesburg (DJ)/Niobrara and Powder River Basin together surpassing the mighty Permian Basin, according to data compiled by Evercore ISI.

Reported permitting activity in the gassy Haynesville and Utica shales climbed in February, but Wyoming permitting decelerated significantly, and activity in the Marcellus Shale also declined, according to Evercore ISI.

February natural gas was set to open Tuesday about 14 cents lower at around $3.055, retreating off a surge late last week following a record storage withdrawal.

February natural gas was set to open Wednesday about 3 cents higher at $2.959, helped by bullish adjustments to the outlook for Arctic cold expected move in next week.

February natural gas was set to open Friday about 12 cents lower at around $2.759 as forecasters noted warmer changes to the medium- and long-range weather outlooks.

February natural gas was set to open about 4 cents higher Tuesday at around $2.996, with arctic cold in the near-term lifting the market as a potential warm-up lingers in the longer-term.