January

Natural gas futures flopped a second consecutive trading day as the weather outlook for later this month and early next pointed to milder conditions and easing demand. The January Nymex gas futures contract settled at $5.851/MMBtu on Monday, down 74.9 cents day/day. February fell 59.3 cents to $5.710. At A Glance: Forecasts for soft start…

U.S. onshore permits climbed 12% to 2,612 in January from December, mostly from a rebound in the Permian Basin, but overall activity was sharply off from a year ago, according to a recap by Evercore ISI.

Oil and natural gas production from seven of the United States’ most prolific onshore unconventional plays is expected to increase in February compared with January, but at a markedly slower pace than in the recent past, according to the Energy Information Administration (EIA).

Oil and natural gas production from seven of the United States’ most prolific onshore unconventional plays is expected to increase in February compared with January, but at a markedly slower pace than in the recent past, according to the Energy Information Administration (EIA).

Strong growth in domestic natural gas production is expected to keep downward pressure on prices in 2019, according to the Energy Information Administration (EIA), which has lowered its forecast for Henry Hub prices.

February natural gas was set to open about 3.4 cents higher at around $2.948 Friday, building on recent momentum as the market has been able to rally on sustained below normal temperatures heading into the new year.

Soon-to-expire January natural gas was set to open about 7 cents higher at around $2.732 Tuesday, finding support over the long holiday weekend from forecasts that call for chilly temperatures into the first part of the new year.

Production of natural gas and oil from the nation’s seven most prolific onshore unconventional plays, which has been on the upswing throughout 2017, is expected to increase again in the first month of 2018 compared with December, according to the Energy Information Administration (EIA).

January natural gas was set to open about a penny higher Friday at around $2.695, with some mixed changes overnight in the weather outlook not offering much inspiration for the bulls.