Markets

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 report. The December Nymex contract advanced 6.4 cents day/day to settle at $2.775/MMBtu. January rose 7.7 cents to $2.900. NGI’s Spot Gas National Avg. fell…

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 throughout much of Tuesday’s session and ultimately settled at $2.692/MMBtu, down a half-cent day/day. January fell 2.0 cents to $2.844. A day earlier, the…

Roughly a year after CME Group launched its U.S. liquefied natural gas (LNG) futures contract, the first ever available in the world for physical LNG delivery, it has yet to trade as the spot market continues to evolve and global players have long been slow to adopt new financial tools in their deals.  Developing a…

Slightly improved weather-driven demand and rising spot prices fueled gains Production has generally held steady and near 2020 lows this month Liquefied natural gas demand has proven strong for several weeks Slightly improved weather-driven demand and rising spot prices fueled a second-straight day of gains for natural gas futures. The December Nymex contract gained 8.2…

Regional heating demand was expected to heighten Production declined and liquefied natural gas levels held strong Spot prices improved for a second consecutive day Regional heating demand is expected to heighten along with colder temperatures in the Mountain West and snow over the Northern Plains this week, helping to counter warmth elsewhere across the Lower…

Regional heating demand is expected to heighten along with colder temperatures in the Mountain West and snow over the Northern Plains this week, helping to counter warmth elsewhere across the Lower 48 and fueling a long-awaited rally on Tuesday in natural gas futures. Over the prior six trading sessions, the prompt month shed nearly 50…

Natural gas spot prices at Henry Hub are poised to ascend to an average $3.42/MMBtu in January on a combination of space heating demand, rising liquefied natural gas (LNG) exports and lower production, according to updated projections from the Energy Information Administration (EIA). In its latest Short-Term Energy Outlook (STEO), published Tuesday, EIA said it…

After a years-long period of relatively low volatility, Henry Hub natural gas prices are expected to see more “peaks and valleys” ahead on growing export demand and a lack of infrastructure development, according to RBN Energy LLC President David Braziel. On Monday, the first day of the 2020 LDC Natural Gas Forum in San Antonio,…

Futures tumbled a second consecutive day as weather models leaned increasingly bearish LNG feed gas volumes remained strong Expectations mounted for the first storage withdrawal of the season Natural gas futures tumbled a second consecutive day as weather models leaned increasingly bearish for much of November, offsetting continued liquefied natural gas (LNG) strength and anticipation…