Forward Look

Natural gas forward prices continued to plummet during the trading period from Dec. 29-Jan. 4, this time taking West Coast markets along for the ride lower, NGI’s Forward Look showed. After bucking the down trend that began in the final week of 2022, West Coast markets led the price declines across the Lower 48 even…

With subfreezing temperatures on the way, natural gas forward prices strengthened during the trading period from Nov. 3 to 8, according to NGI’s Forward Look. Price swings were relatively modest at the front of the forward curve when compared with recent weeks, likely because the drop in temperatures is expected to be short lived. The…

Natural gas forward prices surged from Oct. 27 to Nov. 2 as hints of colder weather finally emerged in long-range forecasts, NGI’s Forward Look data showed.  December prices rose an average 41.0 cents through the trading period, while frigid air and early-season snow in the Pacific Northwest and Rockies fueled even more substantial increases in…

A shoulder season slump brought on partly by a run of ample storage builds saw natural gas forwards fall sharply during the Oct. 6-12 trading period, NGI’s Forward Look data show. With the year-on-five-year-average inventory deficit shrinking fast, forcing a recalibration of the market’s winter risk assessment in the process, November fixed prices at most…

With the market preparing to turn its attention to the start of winter heating demand, natural gas forwards at numerous Lower 48 hubs posted modest gains during the Sept. 29-Oct. 5 trading period, NGI’s Forward Look data show.  Despite a small discount at benchmark Henry Hub, which shed 3.0 cents to $6.935/MMBtu, prices for November…

Regional natural gas forwards prices rallied sharply during the Sept. 8-14 trading period, coinciding with a surge in the futures market amid apparent market speculation over impacts to power burns from a potential railroad strike, NGI’s Forward Look data show. Also bolstered by lingering storage deficits and a bout of late-season cooling demand expected for…

As the U.S. natural gas market continued to assess winter supply risks in the context of exorbitant European energy costs, forwards eased lower during the Aug. 25-30 trading period, NGI’s Forward Look data show. Fixed price trading for October delivery at benchmark Henry Hub shed 25.8 cents during the period to end at $9.047/MMBtu. For…

As the U.S. natural gas market continued to assess winter supply risks in the context of exorbitant European energy costs, forwards eased lower during the Aug. 25-30 trading period, NGI’s Forward Look data show. Fixed price trading for October delivery at benchmark Henry Hub shed 25.8 cents during the period to end at $9.047/MMBtu. For…

Natural gas forwards trading was mixed during the Aug. 18-24 period as the market weighed ongoing supply adequacy concerns and spiking global prices against a later-than-expected return to service for a key U.S. export terminal this fall. In terms of week/week front-month fixed price changes, the middle third of the Lower 48 was peppered with…