feed gas

October Natural Gas Futures Skyrocket Ahead of Expiration, Reach New 2021 High

October Natural Gas Futures Skyrocket Ahead of Expiration, Reach New 2021 High

Natural gas futures sailed higher on Monday, rallying for a third straight session ahead of prompt month expiration and amid a potential global energy supply crunch. The October Nymex contract spiked 56.6 cents day/day and settled at $5.706/MMBtu. October rolls off the board as the prompt month at the close of trading Tuesday. November jumped…

September 27, 2021
European Natural Gas Prices Hit Another Record on Russian Supply Concerns — LNG Recap

European Natural Gas Prices Hit Another Record on Russian Supply Concerns — LNG Recap

European natural gas prices again set records Monday as Russian pipeline imports were poised to fall further next month, exacerbating fears that the continent would be short of supplies this winter as storage inventories remain low.  Gazprom PJSC booked a fraction of the 15 million cubic meters (MMcm) of firm transportation capacity available through Ukraine…

August 16, 2021
Cooler Weather Forecast, Persistently Softer LNG Volumes Send Natural Gas Futures Prices Tumbling

Cooler Weather Forecast, Persistently Softer LNG Volumes Send Natural Gas Futures Prices Tumbling

After another run toward $4.200/MMBtu last week, natural gas futures took a nosedive on Monday as long-range weather forecasts continued to cool while liquefied natural gas (LNG) demand remained well off recent highs. The September Nymex gas futures contract settled at $4.060, off 8.0 cents from Friday’s close. October dropped 7.9 cents to $4.075. Spot…

August 9, 2021
Heat, Supply Disruptions Send Global Natural Gas Prices Higher — LNG Recap

Heat, Supply Disruptions Send Global Natural Gas Prices Higher — LNG Recap

Global natural gas prices climbed higher Monday amid supply disruptions and sweltering heat.  Gains for the Henry Hub contract led the way, as the U.S. benchmark traded near a three-year high Monday with the hottest weather of the summer in the United States on the way Tuesday.  Henry Hub picked up where it left off…

July 26, 2021
August Natural Gas Futures Fail to Sustain Momentum, Falter a Second Day

August Natural Gas Futures Fail to Sustain Momentum, Falter a Second Day

Natural gas futures rebounded early Wednesday, as liquefied natural gas (LNG) levels bounced back and reassured markets of robust export demand. Still, bearish tilts in domestic weather outlooks and estimates for a higher storage injection put downward pressure on futures in afternoon trading. At A Glance: LNG feed gas bounces back Weather outlooks shift cooler…

July 14, 2021
LNG Recovery, Production Revisions Fuel Big Gains for Natural Gas Futures Prices

LNG Recovery, Production Revisions Fuel Big Gains for Natural Gas Futures Prices

Natural gas futures roared back midweek as export demand rose sharply following maintenance and production dipped lower for the second straight day. The July Nymex gas futures contract surged 7.5 cents day/day to $3.333. The August contract picked up 7.5 cents to $3.352. Spot gas increases also became more widespread ahead of warmer weather on…

June 23, 2021
European, Asian Natural Gas Prices See Another Week of Gains as Fundamentals Unchanged — LNG Recap

European, Asian Natural Gas Prices See Another Week of Gains as Fundamentals Unchanged — LNG Recap

Natural gas prices in Europe and Asia pressed higher last week, topping multi-month highs and continuing a bull run that has persisted for much of the spring.  In Europe, prompt prices notched their third straight week of gains. The Title Transfer Facility contract broke through $9.00/MMBtu and closed well beyond that mark most of the…

May 17, 2021
June Natural Gas Futures Inch Higher Ahead of Storage Report; Colonial Restarting Following Cyberattack

June Natural Gas Futures Inch Higher Ahead of Storage Report; Colonial Restarting Following Cyberattack

Natural gas futures advanced for a second straight day on Wednesday as production dipped and all indications pointed to continued strong demand for U.S. liquefied natural gas (LNG). The June Nymex contract settled at $2.969/MMBtu, up 1.4 cents day/day. July rose 1.9 cents to $3.018. NGI’s Spot Gas National Avg., however, declined 2.0 cents to…

May 12, 2021
U.S. LNG Exports Hit Record High in March, with Strength Expected to Persist Through Summer

U.S. LNG Exports Hit Record High in March, with Strength Expected to Persist Through Summer

U.S. liquefied natural gas (LNG) exports hit a record high in March of 6.64 million tons (Mt), according to market research firm Kpler, capping a volatile winter in which brutally cold weather across the northern hemisphere both increased demand and disrupted operations.  Kpler said U.S. exports in March finished 2.26 Mt higher than February, when…

April 8, 2021
European Demand Driving U.S. LNG Exports — LNG Recap

European Demand Driving U.S. LNG Exports — LNG Recap

Feed gas deliveries to U.S. liquefied natural gas (LNG) export terminals have been near capacity, flowing at almost 12 Bcf each day over the last week. The European natural gas market is helping drive U.S. export demand. Prices on the continent closed higher last week. The Dutch Title Transfer Facility finished at $6.620/MMBtu and the…

April 5, 2021
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