Planned maintenance on the Vector Pipeline starting Monday and continuing into next week could restrict up to 1 Bcf/d or more of volumes normally bound for eastern Michigan and the Dawn Hub in Ontario, Canada.
Genscape
Articles from Genscape
NatGas Cash, Futures Slide Lower; May Loses 3 Cents Ahead Of Options Expiration
Next-day gas for Tuesday delivery generally eased in Monday trading as stout double-digit gains in New England were unable to counter broader setbacks at Midwest market points and producing zones.
Bearish Weather Sends NatGas Forwards Down Across Most of Curve
May natural gas forwards prices fell an average 9 cents between April 7 and 12 as overall bearish weather sentiment overshadowed the tight background supply/demand picture, according to NGI’s Forward Look.
April NatGas Futures Expire Higher as May Contract Struggles to Maintain Gains
A flurry of buying interest and strength in spot natural gas prices sent Nymex April futures up 10 cents between March 24 and 29 to expire at $3.175. May futures, meanwhile, are desperately trying to maintain that momentum, creeping up just 4 cents through March 30 as generally bearish sentiment continues to pressure the gas markets.
Two-day REX Maintenance in Clarington Area Could Impact Up to 600 MMcf/d Next Week
Maintenance on the Rockies Express Pipeline (REX) will shut down receipts and deliveries for two days next week at four locations in the Clarington, OH, area, affecting up to 600 MMcf/d, according to natural gas analytics firm Genscape.
NatGas Cash Weakens As Demand Falls; Futures Fumble For 11-Cent Loss
Both physical natural gas for Thursday delivery and futures struggled in Wednesday’s trading as weather forecasts softened again. With supply down about 2 Bcf/d year/year, weather-related demand becomes the primary market balancing factor.
Maintenance to Shutter 200 MMcf/d of Mexican Exports For Week, Genscape Says
About 200 MMcf/d of natural gas exports to Mexico could be interrupted starting Thursday because of a planned shutdown at North Baja Pipeline LLC’s import/export point at Ogilby, CA, natural gas analytics firm Genscape Inc. said Wednesday.
NatGas Cash Follows Screen Higher; Technicals Send December to Double-Digit Gains
Both natural gas cash and futures staged stout gains in trading Monday, in spite of a weather environment that looked anything but supportive. Leading the pack to new highs were Marcellus points, but no points followed by NGI showed losses.
NGI The Weekly Gas Market Report
Power Burn, Bullish Storage Team to Give NatGas Forwards A Boost
After sitting relatively idle much of the week, natural gas forwards markets got a boost from a bullish storage report that helped send September forward prices up an average 7.6 cents between Aug. 12 and 18, according to NGI’s Forward Look.
NatGas Forwards Slump Again, Despite Historic Summer Storage Draw
In a week that brought about a historically bullish natural gas storage report, forwards markets surprisingly shrugged off the news, sliding by an average 4.1 cents between July 29 and Aug. 3, according to NGI Forward Look.