natural gas data

North American natural gas prices showed a little bit of momentum this week, but remained well under the $3 mark. The New York Mercantile Exchange contract for February natural gas ended its first day as the prompt month on Thursday at $2.557/MMBtu. January futures rolled off the board Wednesday 6.9 cents higher day/day at $2.619.…

Northeast natural gas spot markets supplied by Transcontinental Gas Pipe Line Co. LLC’s (Transco) Regional Energy Access (REA) expansion project are showing signs of less volatility since the project’s partial start-up in late October. The REA added 450 MMcf/d of capacity along Transco’s existing Leidy Line that runs to Transco Zone 6 non-NY in southeastern…

January Nymex natural gas futures tumbled in thin volume trade Tuesday, coming off the extended Christmas holiday weekend and ahead of the contract’s expiration at the close of business Wednesday. The more heavily traded February contract also stumbled as traders positioned in preparation for its move into the lead position. At A Glance: January futures…

Mexican conglomerate Grupo Carso SAB has signed a deal with state utility Comisión Federal de Electricidad (CFE) to build and operate a natural gas pipeline in the northwestern portion of the country. The natural gas pipeline would run across the states of Sonora and Baja California for a distance of about 416 kilometers, or around…

Weekly cash natural gas prices fell as demand stoked higher by Northeast storms and pipeline constraints were no match for the prevalence of unseasonably mild weather, while futures gained on outlooks for winter weather’s January arrival. NGI’s Weekly Spot Gas National Avg. for the Dec.18-22 period fell 5.5 cents to $2.335. The January Nymex natural…

Absent much convincing cold in the forecast – and near-record production – natural gas prices were trending lower for January baseload delivery, according to NGI’s Bidweek Alert (BWA). Notably, prices fell hardest in the West, a sharp turnaround from this time last year when Winter Storm Elliott slammed large swaths of the country ahead of…

January Nymex natural gas futures held to the upside as the market looked to forecasts calling for colder winter weather. With the number of heating degree days (HDD) in question, though, persistent supply glut woes limited the advance. At A Glance: Futures end wild session up 3.8 cents Weather changes stoke supply worries Cash markets…

January Nymex natural gas futures settled the Thursday regular trading session up 12.5 cents at $2.572/MMBtu, gaining ground after the release of a natural gas storage report that showed a larger withdrawal than expected for the week of Dec. 15. At A Glance: January futures gain ground Storage down 87 Bcf Spot prices sputter The…

Demand for American LNG is holding strong, but South Central natural gas storage remains elevated and, according to the latest government inventory data, the surplus of supplies relative to the five-year average continues to swell. The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 16 Bcf from South Central storage during the…