Markets

CFEi Natural Gas Volumes Surge in 2Q2021 as Top Marketers Post Declines

CFEi Natural Gas Volumes Surge in 2Q2021 as Top Marketers Post Declines

Mexico’s CFEinteranacional (CFEi) transacted 3.79 Bcf/d of natural gas during the second quarter, up 23% year/year, according to the latest NGI Top North American Natural Gas Marketers rankings. CFEi is the international marketing arm of Mexico’s state-owned power company Comisión Federal de Electricidad (CFE). The increase comes amid surging gas exports via pipeline from the…

September 22, 2021
U.S. Remained Top North American Natural Gas Trader in 1Q, Says DOE

U.S. Remained Top North American Natural Gas Trader in 1Q, Says DOE

International natural gas prices leaped in the first three months of this year as economic shocks inflicted by the early 2020 onset of Covid-19 wore off, according to the Department of Energy (DOE). The United States kept its stature as the top North American gas trader, almost doubling former champion Canada’s volume. Total U.S. exports…

August 3, 2021
Possible Constitutional Reform Worrying Mexico Energy Industry, Expert Says

Possible Constitutional Reform Worrying Mexico Energy Industry, Expert Says

“A change to the constitution is something everybody is thinking about but the road ahead looks a bit more complicated given the results of midterm elections,” David Crisostomo, associate director at IHS Markit and seasoned Mexico energy industry expert, told NGI’s Mexico Gas Price Index.  “The results of the midterm elections show that the room…

July 30, 2021
Vine Energy CEO Says Haynesville Primed for ‘Improving Natural Gas Fundamentals,’ Exports

Vine Energy CEO Says Haynesville Primed for ‘Improving Natural Gas Fundamentals,’ Exports

As U.S. natural gas demand improves, Vine Energy Inc. expects its production in Northwest Louisiana to increasingly be sourced for overseas exports, the company’s CEO said Monday. The Plano, TX-based independent in the spring of 2021 took the company public to secure more investor interest in its 227,000 net acre stronghold in the Haynesville and…

May 19, 2021
June Natural Gas Futures Fizzle After Biggest Advance as Prompt Month; Cash Prices Fall

June Natural Gas Futures Fizzle After Biggest Advance as Prompt Month; Cash Prices Fall

Forecasts for heat held, but Monday’s rally was overcooked With summer near, futures are on the cusp of sustained higher prices Cash prices lost momentum, led lower by declines in Texas Natural gas futures on Tuesday gave back a big chunk of the gains made in a weather-driven surge a day earlier. Analysts said forecasts…

May 18, 2021
Mounting Export Demand Fuels April Natural Gas Futures

Mounting Export Demand Fuels April Natural Gas Futures

LNG volumes hovered near record levels Forecasts called for continued soft weather demand Cash prices declined as heating needs faded Natural gas futures on Friday edged higher as robust liquefied natural gas (LNG) levels and a brightening economic picture offset festering worry about weak weather-driven demand heading into the spring shoulder season. The April Nymex…

March 22, 2021
Regulatory Uncertainty Said Holding Back Brazil’s Potential Regasification Boom

Regulatory Uncertainty Said Holding Back Brazil’s Potential Regasification Boom

Brazil is being seen increasingly as an attractive destination for liquefied natural gas (LNG), but regulatory barriers are hindering development of the country’s market. According to analysts at shipbroker Poten & Partners, regasification project developers and infrastructure owners are “pushing back against what they see as regulatory barriers” holding back the promised liberalization of the…

March 12, 2021
April Natural Gas Futures Languish as LNG Eases and Mild Weather Spreads

April Natural Gas Futures Languish as LNG Eases and Mild Weather Spreads

Natural gas futures on Tuesday finished in the red for a fifth consecutive session, as traders mulled forecasts for light heating demand, a leveling off of liquefied natural gas (LNG) levels and early expectations for a light storage withdrawal. The April Nymex contract declined two-tenths of a cent day/day and settled at $2.662/MMBtu. May declined…

March 9, 2021
Touch of Warmth in Forecasts Gives Natural Gas Bears ‘Ammunition’ in Price Pullback; Cash Mixed

Touch of Warmth in Forecasts Gives Natural Gas Bears ‘Ammunition’ in Price Pullback; Cash Mixed

After hinting at some weakness earlier in the week, natural gas futures moved decidedly lower on Tuesday as traders realized they may have given Punxsutawney Phil a little too much credit. With the brutal cold circulating through the Lower 48 seen fading before month’s end and a more seasonal pattern in store thereafter, the March…

February 9, 2021
Wild Intraday Pricing Behavior Ends with Natural Gas Futures Nearly Flat; Cash Still Strong

Wild Intraday Pricing Behavior Ends with Natural Gas Futures Nearly Flat; Cash Still Strong

Natural gas futures settled nearly flat on Tuesday, but not before the March Nymex contract surged over the $3.00/MMBtu threshold. The prompt month reached an intraday high of $3.005 as the frigid air blanketing much of the eastern United States this week was seen continuing through at least the first half of the month. However,…

February 2, 2021
‹ Previous 1 2 3 52