Freeport Lng

The selloff continued for the majority of U.S. natural gas forward markets in the final week of March as production proved too lofty amid declining weather-driven demand and healthy inventory levels.  The April contract rolled off the board between 10 and 20 cents lower, while the May contract – which took over the prompt-month position…

The April Nymex natural gas futures contract floundered on its final day as the front month – a third consecutive loss – as the intersection of robust production and waning demand again captured traders’ attention. At A Glance: Production offsets LNG demand Analysts see 50s Bcf withdrawal May takes over as prompt month April futures…

European Union (EU) energy ministers agreed Tuesday to advance a measure that would give members the option of banning Russian LNG imports.

Against a consistent backdrop of lackluster natural gas demand, robust production, lagging exports and unseasonably high storage inventories, forward prices continued to crumble during the March 16-22 period, according to NGI’s Forward Look. Natural gas fixed prices declined more than 30.0 cents on average for April, with several U.S. locations recording even steeper decreases for…

Natural gas futures on Wednesday lost ground for the third time in four sessions, succumbing to spring weather expectations and stout production levels. The April Nymex gas futures contract settled at $2.171/MMBtu, down 17.7 cents day/day. May fell 17.8 cents to $2.307. At A Glance: Front month sheds 17.7 cents day/day Next-day cash prices under…

A roundup of news and commentary from NGI’s LNG Insight Freeport LNG Development LP has canceled up to four cargoes that were scheduled to be loaded this month as it continues working through issues to fully restart the plant on the upper Texas coast after an explosion nine months ago, according to Reuters.  Market sources…

Natural gas futures faltered on Wednesday, a second-consecutive loss, as analysts anticipated another soft government inventory print and traders started to look past a late-winter surge of cold and toward likely benign spring weather. At A Glance: Analysts see modest storage draw Forecasts call for near-term cold Mixed reads on gas production The April Nymex…

Natural gas futures found fresh footing Monday, posting double-digit gains as forecasts pointed to seasonally strong heating demand that more than offset losses late last week. The April Nymex gas futures contract settled at $2.606/MMBtu, up 17.6 cents day/day. It had shed 11.3 cents on Friday. May climbed 16.7 cents on Monday to $2.726. At…

Natural gas futures failed to sustain the prior day’s gains, instead sliding ahead of what’s expected to be another smaller-than-normal storage withdrawal in the upcoming government inventory report. The April Nymex gas futures contract settled Wednesday at $2.551/MMBtu, off 13.6 cents from Tuesday’s close. May futures shed 12.7 cents to reach $2.713. At A Glance:…