natural gas data

December Natural Gas Futures Finish Rough Week on Sour Note; Cash Advances

December Natural Gas Futures Finish Rough Week on Sour Note; Cash Advances

Progress proved fleeting for natural gas futures, with prices slumping Friday amid weather demand uncertainty, elevated production and renewed Russian vows to ramp up supplies to Europe, a key destination for U.S. exports. At A Glance: Futures fail to sustain momentum Demand outlook remains dubious Spot prices get a late-week boost The December Nymex contract…

November 12, 2021
December Natural Gas Futures Bounce Back With Winter Demand on the Horizon

December Natural Gas Futures Bounce Back With Winter Demand on the Horizon

Natural gas futures on Thursday snapped a four-day losing streak, pushed higher by hints of colder weather, solid demand for U.S. exports and gains in European prices. The December Nymex contract settled at $5.149/MMBtu, up 26.9 cents day/day. January jumped 27.1 cents to $5.245. At A Glance: Futures advance for first time this week Demand…

November 12, 2021
Veracruz Salt Dome Natural Gas Storage Project Said ‘Probable’ – Mexico Spotlight

Veracruz Salt Dome Natural Gas Storage Project Said ‘Probable’ – Mexico Spotlight

Following a tricky 2021 that has included a major disruption to its natural gas supply, the Mexican government is advancing plans for strategic storage. Speaking Tuesday at the U.S.-Mexico LDC Forum in San Antonio, TX, Gadex consultant Eduardo Prud’homme said “good discussions” were underway with a developer to build a salt dome storage facility in…

November 11, 2021
Natural Gas Futures, Cash Prices Extend Losing Streak

Natural Gas Futures, Cash Prices Extend Losing Streak

Despite a benign government inventory report, natural gas futures fell a fourth consecutive session on Wednesday as traders contemplated unfavorable mid-range weather outlooks and the potential for a pullback in demand for U.S. exports. At A Glance: U.S. forecasts show weak start to winter Russia ups gas supply to Europe EIA prints 7 Bcf injection…

November 11, 2021
Natural Gas Futures, Cash Prices Rebound Amid New Expectations for Weather-Driven Demand

Natural Gas Futures, Cash Prices Rebound Amid New Expectations for Weather-Driven Demand

Natural gas futures on Tuesday gained ground for the first time in four sessions as overseas supply shortages converged with forecasts for colder weather and stronger domestic demand by mid-November. The December Nymex contract gained 35.6 cents day/day and settled at $5.542/MMBtu. January rose 33.5 cents to $5.640.   At A Glance: Concerns persist overseas Weather…

November 3, 2021
Natural Gas Futures Slide Further on Warmer U.S. Temperatures, Global Supply Optimism; Spot Gas Retreats

Natural Gas Futures Slide Further on Warmer U.S. Temperatures, Global Supply Optimism; Spot Gas Retreats

Natural gas futures extended a dramatic sell-off at the close of the week as global gas prices continued to slide and a mid-November warm-up was forecast for the Lower 48 following a bout of early-month cold. With production rising further and storage improvements continuing, the December Nymex contract tumbled 35.6 cents to $5.426/MMBtu. January slid…

November 1, 2021
Domestic, Global Factors Drag Natural Gas Futures Below $5.50; Cash Recedes Further

Domestic, Global Factors Drag Natural Gas Futures Below $5.50; Cash Recedes Further

Natural gas futures extended a dramatic sell-off at the close of the week as global gas prices continued to slide and a mid-November warm-up was forecast for the Lower 48 following a bout of early-month cold. With production rising further and storage improvements continuing, the December Nymex contract tumbled 35.6 cents to $5.426/MMBtu. January slid…

October 29, 2021
Natural Gas Futures Remain Volatile; Clients ‘Nervous’ as Cold Weather Nears — Mexico Spotlight

Natural Gas Futures Remain Volatile; Clients ‘Nervous’ as Cold Weather Nears — Mexico Spotlight

Mexican clients are “very nervous” about prices in the coming months, according to a natural gas marketer in Mexico City. This week has been another rollercoaster in the gas markets. On Wednesday, November futures in the United States rolled off the board at $6.202/MMBtu, up 32.0 cents on the day. The December contract, which moved…

October 28, 2021
November Natural Gas Expires at $6.20 on Colder Forecasts; Cash Gains Continue

November Natural Gas Expires at $6.20 on Colder Forecasts; Cash Gains Continue

That roar heard throughout the U.S. gas market on Thursday was that of natural gas futures, which went out like a lion Wednesday as yet another shift in the latest weather data led to continued volatility. The prompt month rolled off the board at $6.202, up 32.0 cents on the day. The December contract, which…

October 28, 2021
Natural Gas Futures Slip, but Volatility Lingers on Mixed Weather Outlook

Natural Gas Futures Slip, but Volatility Lingers on Mixed Weather Outlook

Natural gas futures retreated a bit Tuesday as the latest weather models showed the cooler pattern expected in early November quickly fading. Though losses were far steeper earlier in the session, the November Nymex futures contract settled only 1.6 cents lower day/day at $5.882/MMBtu. December slid 5.3 cents to $6.003. At A Glance: Upcoming cold…

October 27, 2021