Tag / LNG

Subscribe

LNG

December Natural Gas Futures Post Third-Straight Gain; Spot Prices Sputter

December Natural Gas Futures Post Third-Straight Gain; Spot Prices Sputter

Weather forecasts held on to slightly cooler expectations LNG and production levels were both strong Cash prices were led lower by drops in the Northeast Natural gas futures posted a modest gain Tuesday, marking a third consecutive day of advances as traders contemplated a mixed weather outlook and wide-ranging expectations for this week’s early storage…

November 25, 2020
December Natural Gas Futures Climb Ahead of Early Storage Report, December Expiry; Spot Prices Advance

December Natural Gas Futures Climb Ahead of Early Storage Report, December Expiry; Spot Prices Advance

Liquefied natural gas levels held strong Production also remained at high levels Weather and the pandemic were wildcards Natural gas futures climbed higher Monday as export levels held strong, prospects for weather-driven demand improved slightly and continued positive news on the coronavirus vaccine front bolstered confidence across markets. The December Nymex contract gained 6.1 cents…

November 24, 2020
Forecasts Seen Less Bearish as Natural Gas Futures Extend Gains Early

Forecasts Seen Less Bearish as Natural Gas Futures Extend Gains Early

Boosted by a colder look to forecasts for early December, natural gas futures extended their recent gains in early trading Tuesday. The December Nymex contract was up 5.5 cents to $2.766/MMBtu at around 8:40 a.m. ET. January was up 6.3 cents to $2.886. After “not being quite as bearish” in Monday’s runs, the weather data…

November 24, 2020
December Natural Gas Futures Advance Amid Steady LNG Demand, Strength in Spot Prices

December Natural Gas Futures Advance Amid Steady LNG Demand, Strength in Spot Prices

Natural gas futures climbed higher Monday as export levels held strong, prospects for weather-driven demand improved slightly and continued positive news on the coronavirus vaccine front bolstered confidence across markets. The December Nymex contract gained 6.1 cents day/day to start the abbreviated trading week and settled at $2.711/MMBtu. January rose 5.3 cents to $2.823. NGI’s…

November 23, 2020
MPL to Source U.S. Gas for Potential Second LNG Project on Mexico’s Pacific Coast

MPL to Source U.S. Gas for Potential Second LNG Project on Mexico’s Pacific Coast

Mexico’s Pacific Coast could see more than one natural gas export project being developed in the coming years as Asian markets increase their appetite for imports of cheap and reliable U.S. gas via the shortest transport route possible. Mexico Pacific Limited LLC’s (MPL) CEO Doug Shanda thinks his company’s liquefied natural gas (LNG) export project…

November 20, 2020
December Natural Gas Futures Drop After Bearish Storage Injection Punctuates Weather Worries

December Natural Gas Futures Drop After Bearish Storage Injection Punctuates Weather Worries

A higher-than-expected storage injection weighed down futures Weak weather-driven demand persisted for another session LNG volumes held strong, but so too did production Weak weather-driven demand and a higher-than-expected storage injection weighed down natural gas futures on Thursday. The December Nymex contract shed 12.0 cents day/day and settled at $2.592/MMBtu. January fell 11.8 cents to…

November 20, 2020
With Storage Injection and Weather Bearish, December Natural Gas Futures Slide Lower

With Storage Injection and Weather Bearish, December Natural Gas Futures Slide Lower

Weak weather-driven demand and a higher-than-expected storage injection weighed down natural gas futures on Thursday. The December Nymex contract shed 12.0 cents day/day and settled at $2.592/MMBtu. January fell 11.8 cents to $2.720. NGI’s Spot Gas National Avg. declined 4.5 cents to $2.125. After weather models shifted cooler earlier in the week, they reverted back…

November 19, 2020
MPL Sees ‘Commercial Momentum’ for Second LNG Project on Mexico’s Pacific Coast

MPL Sees ‘Commercial Momentum’ for Second LNG Project on Mexico’s Pacific Coast

Mexico’s Pacific Coast could see more than one natural gas export project being developed in the coming years as Asian markets increase their appetite for imports of cheap and reliable U.S. gas via the shortest transport route possible. Mexico Pacific Limited LLC’s (MPL) CEO Doug Shanda thinks his company’s liquefied natural gas (LNG) export project…

November 19, 2020
December Natural Gas Futures Creep Higher on Modest Heating Demand Improvement

December Natural Gas Futures Creep Higher on Modest Heating Demand Improvement

BREAKING: U.S. EIA reports injection of 31 Bcf into natural gas storage for the week ending Nov. 13 Liquefied natural gas volumes held strong Production continued to climb, pressuring spot prices December Natural gas futures edged up on Wednesday, led higher by steadily solid liquefied natural gas (LNG) volumes and weather forecasts that shifted cooler.…

November 19, 2020
December Natural Gas Futures Flat as LNG Strengthens but Weather Demand Eases

December Natural Gas Futures Flat as LNG Strengthens but Weather Demand Eases

  Markets considered modest domestic demand and rising production Liquefied natural gas volumes hovered near record levels Spot prices declined amid mild fall temperatures Natural gas futures on Tuesday traded sideways as markets weighed modest weather-driven demand and rising production against continued strength in exports. The December Nymex contract flipped between slight gains and losses…

November 18, 2020