natural gas demand

Global supply challenges amid Russia’s invasion of Ukraine and knock-on effects in the United States sent domestic natural gas prices higher for a third consecutive session on Wednesday. The April Nymex gas futures contract rose 4.5 cents day/day and closed at $5.232/MMBtu. May gained 4.7 cents to $5.274. At A Glance: BREAKING: U.S. EIA reports…

Natural gas prices trended lower much of Monday as production increased and forecasts showed light weather-driven demand across most of the Lower 48. Still, futures crept back into positive territory in afternoon trading amid the persistent global supply pressures amplified by Russia’s war in Ukraine. At A Glance: Calls for LNG exports elevated Domestic production…

Natural gas prices trended lower much of Monday as production increased and forecasts showed light weather-driven demand across most of the Lower 48. Still, futures crept back into positive territory in afternoon trading amid the persistent global supply pressures amplified by Russia’s war in Ukraine. At A Glance: Calls for LNG exports elevated Weather-driven demand…

Natural gas futures retreated on Friday after a two-day rally, as markets digested warmer weather patterns and new coronavirus red flags that may signal looming pandemic impacts on global energy demand. The April Nymex gas futures contract settled at $4.863/MMBtu, down 12.7 cents day/day. May fell 11.9 cents to $4.902. At A Glance: Futures fall…

Natural gas futures rallied a second day, as traders absorbed a bullish government inventory report and the potential for vulnerable global supplies should the war in Ukraine drag on and the coming summer prove exceptionally hot. The April Nymex gas futures contract jumped 24.2 cents day/day and settled at $4.990/MMBtu. May gained 23.7 cents to…

War continues to rage in Ukraine, with sanctions on Russia squeezing international energy markets, but natural gas prices in Mexico lost ground week/week and imports of the fuel from the United States held steady. The United States continues to send out record levels of liquefied natural gas (LNG), and this week its Department of Energy…

Some of the industrial sectors with the hardest carbon footprints to abate are also predicted to be key future consumers of natural gas, but energy transition experts see signs of change coming quicker than previously predicted. From 2020 to 2050, industrial use will make up more than 75% of natural gas demand growth, according to…

Natural gas prices stumbled on Monday as weather forecasts continued to show mild conditions through late March, likely pushing the domestic market comfortably beyond the peak heating season. The April Nymex gas futures contract shed 6.7 cents day/day and settled at $4.658. May lost 6.4 cents to $4.702. NGI’s Spot Gas National Avg. dropped 56.0…

Natural gas futures forged higher on Friday as production dropped amid blasts of late-winter cold, marking a second consecutive day of gains but not enough to offset losses earlier in the week. The April Nymex gas futures contract gained 9.4 cents day/day and settled at $4.725/MMBtu. May rose 9.7 cents to $4.766. At A Glance:…