LNG

Buoyed by forecasts showing frigid temperatures finding their way into the Lower 48 later this month, natural gas futures rallied in early trading Tuesday. The February Nymex contract had surged 11.8 cents to $2.865/MMBtu as of 8:40 a.m. ET. Overall gas-weighted degree day expectations were largely unchanged day/day in the latest Bespoke Weather Services forecast…

As traders accounted for milder trends in the latest forecasts and potential price impacts from upcoming government inventory data, natural gas futures were trading a few ticks lower early Thursday. The February Nymex contract was down 1.8 cents to $2.698/MMBtu at around 8:45 a.m. ET. As of early Thursday, the American and European weather models…

Natural gas prices spiked Tuesday, extending the gain made a day earlier to jumpstart 2021 trading, as weather models pointed to fresh bouts of cold air over the Midwest and East in the second half of January. The February Nymex gas futures contract jumped 12.1 cents day/day and settled at $2.702/MMBtu. March advanced 11.2 cents…

Mexico should expect higher natural gas prices in 2021 as coronavirus vaccines become available and global economies heat up following the pandemic-inspired slump of 2020. Even the Waha hub in West Texas, which saw wild pricing swings and went negative on numerous occasions in 2020, should see more stability and a reduced differential to Henry…

Colder trends in the forecast, set against a backdrop of bullish expectations for prices in the year ahead, saw natural gas futures rally to start off 2021. As of around 8:45 a.m. ET Monday, the February Nymex contract was up 13.0 cents to $2.669/MMBtu. Compared to expectations prior to the New Year’s Day holiday, forecasts…

With natural gas bulls finding solace in strong demand from exports even as winter weather continues to disappoint, futures recovered some of their recent losses in early trading Tuesday.  The January Nymex contract was up 4.5 cents to $2.350/MMBtu at around 8:45 a.m. ET. February was up 5.2 cents to $2.378. The overnight weather data…

Natural gas futures advanced Tuesday on forecasts for colder weather and a bullish withdrawal from storage. Improved liquefied natural gas (LNG) levels added a dose of optimism. The January Nymex contract climbed 7.5 cents day/day and settled at $2.780/MMBtu. February rose 6.0 cents to $2.749. NGI’s Spot Gas National Avg. rose 5.5 cents to $2.870.  …

Outlooks called for freezing temperatures around the Christmas holiday Demand for liquefied natural gas exports held strong Spot prices plummeted in the Northeast after a major storm passed Natural gas futures advanced Friday following forecasts for freezing temperatures, steadily strong liquefied natural gas (LNG) levels and a bullish withdrawal from storage. The January Nymex contract…

Weather uncertainty sends natural gas futures lower EIA data supportive, but not enough to stop losses Nor’easter packs punch, but quick exit softens most cash prices Even with the East Coast buried under several feet of snow, and the potential for more frigid air to arrive by Christmas, natural gas futures fell short Thursday. The…