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August Natural Gas Futures Recover Ground Amid Cooling Demand Expectations, Signs of LNG Improvement

August Natural Gas Futures Recover Ground Amid Cooling Demand Expectations, Signs of LNG Improvement

August natural gas futures gathered momentum on Tuesday, buoyed by expectations for strong near-term cooling demand and new indications that U.S. exports could recover later in 2020. The August Nymex contract climbed 3.4 cents day/day and settled at $1.675/MMBtu. September gained 3.0 cents to $1.714.  NGI’s Spot Gas National Avg. lost a half-cent to $1.615.…

July 21, 2020
Cooler Forecasts and Broader Demand Concerns Weigh on August Natural Gas Futures

Cooler Forecasts and Broader Demand Concerns Weigh on August Natural Gas Futures

Absent other demand catalysts, a modest pullback in the intensity of heat expected by forecasters was enough to push down August natural gas futures Increased spread of the coronavirus in recent weeks has raised concerns about a second economic slump Against that backdrop, worries about meager export levels linger Absent other demand catalysts, a modest…

July 21, 2020
NARUC Partnership with DOE to Explore Emerging Natural Gas Technologies

NARUC Partnership with DOE to Explore Emerging Natural Gas Technologies

To share information on novel technologies and investments in natural gas, the National Association of Regulatory Utility Commissioners (NARUC) has announced a partnership with the U.S. Department of Energy (DOE). The partnership follows the success of the NARUC-DOE Natural Gas Infrastructure Modernization Partnership (NGIMP) in 2016, which created numerous educational handbooks on natural gas.  The…

July 21, 2020
Argentina Natural Gas Production Falls 9.2% in May

Argentina Natural Gas Production Falls 9.2% in May

Natural gas production in Argentina decreased by 9.2% year/year in May to 124.4 million cubic meters/day (MMm3/d), or 4.39 Bcf/d, according to the latest report by the IAE Argentine Energy Institute. Analysts blamed the movement restrictions in place because of Covid-19 leading to lower activity and reduced demand. Argentina has had one of the strictest…

July 21, 2020
Imbalance Concerns Stall August Natural Gas Futures

Imbalance Concerns Stall August Natural Gas Futures

Worry about coronavirus fallout and weak liquefied natural gas exports weighed on markets Friday The potential for premature production increases permeated markets Forecasters continue to call for above-normal July heat and strong cooling demand Persistent concerns about coronavirus fallout, weak liquefied natural gas (LNG) exports and potentially premature production increases weighed on markets Friday, outshining…

July 20, 2020
August Natural Gas Futures Fail to Find Footing amid Sustained Heat, Containment Concerns

August Natural Gas Futures Fail to Find Footing amid Sustained Heat, Containment Concerns

Persistent concerns about coronavirus fallout, weak liquefied natural gas (LNG) exports and potentially premature production increases weighed on markets Friday, outshining optimism about strong cooling demand. The August Nymex contract fell a half-cent day/day and settled at $1.718/MMBtu. September fell 1.1 cents to $1.765. NGI’s Spot Gas National Avg. rose a half-cent to at $1.685.…

July 17, 2020
LNG Weakness Offsets Bullish Storage Report, Pushes Down August Natural Gas Futures

LNG Weakness Offsets Bullish Storage Report, Pushes Down August Natural Gas Futures

A coronavirus resurgence and the potential for it to keep liquefied natural gas exports at depressed levels weighed on markets The U.S. Energy Information Administration reported an injection of 45 Bcf, below the average estimates of major polls Spot prices advanced amid continued strong summer heat A favorable storage report was overshadowed on Thursday by…

July 17, 2020
Under Shadow of Coronavirus, LNG Woes Weigh Down August Natural Gas Futures Despite Positive Storage Report

Under Shadow of Coronavirus, LNG Woes Weigh Down August Natural Gas Futures Despite Positive Storage Report

A favorable storage report was overshadowed on Thursday by a coronavirus resurgence and its potential to keep liquefied natural gas (LNG) exports at depressed levels. The August Nymex contract lost 5.5 cents day/day and settled at $1.723/MMBtu. September fell 4.2 cents to $1.776. NGI’s Spot Gas National Avg. advanced 1.0 cents to $1.680. The U.S.…

July 16, 2020
Natural Gas Futures Edge Up Amid Expectations for Bullish Storage Report

Natural Gas Futures Edge Up Amid Expectations for Bullish Storage Report

BREAKING: U.S. EIA reports an injection of 45 Bcf into storage for the week ending July 10 Liquefied natural gas remains an area of weakness as the coronavirus pandemic extends deep into the summer But natural gas pipeline exports to Mexico are a relative bright spot, hitting daily record levels Natural gas futures advanced Wednesday…

July 16, 2020
Nearly In-Line Storage Injection Nudges July Natural Gas Futures Higher

Nearly In-Line Storage Injection Nudges July Natural Gas Futures Higher

The U.S. Energy Information Administration (EIA) reported an injection of 45 Bcf into storage for the week ending July 10, a print that reflected intense heat and robust cooling demand. The result pushed up Nymex natural gas futures, though early gains were modest amid lingering concerns about weak liquefied natural gas (LNG) demand. The build…

July 16, 2020