natural gas demand

Mexico is at a pivotal moment as it gears up for an election next year amid a global rearrangement of supply chains. Ensuring reliable and affordable energy is key to the nation’s success, said participants at the Mexico Gas Summit in San Antonio, TX last week. The country needs investment in its natural gas supply…

Japan’s return to nuclear power generation and efforts to conserve energy have contributed to a significant decline in LNG imports through the first five months of this year.   Japanese imports have fallen for four consecutive months, hitting an all-time low of 4.16 million tons (Mt) in May, according to Kpler. Overall, Asian demand has been…

Natural gas futures faltered on Thursday, driven lower by a robust inventory injection that reflected strong production and anemic demand. The July Nymex gas futures contract, which has lost ground each day this week, dropped 10.8 cents day/day and settled at $2.158/MMBtu.. August lost 8.5 cents to $2.273. At A Glance: EIA posts 110 Bcf…

Natural gas futures on Wednesday finished in the red for the first time in four sessions as traders braced for several robust storage injections amid mild weather and soft export demand. The June Nymex gas futures contract settled at $2.365/MMBtu, down 1.1 cents day/day. July slid 2.5 cents to $2.509. At A Glance: Front month…

Natural gas futures snapped a three-day winning streak on Wednesday, giving up ground amid strengthening production, fading demand and weakness in cash markets. The June Nymex gas futures contract lost 7.6 cents day/day and settled at $2.191/MMBtu. July fell 9.1 cents to $2.336. At A Glance: Demand remains moderate Supply levels prove robust 70s Bcf…

Natural gas futures floundered for a third consecutive session on Wednesday, dragged lower by weaker demand, rebounding production and expectations for robust storage injections. The June Nymex gas futures contract settled at $2.170/MMBtu on Wednesday, down 4.4 cents day/day. July declined 5.7 cents to $2.360. At A Glance: Prompt month sheds 4.4 cents Analysts see…

Federal, local and state governments, once keen on taking natural gas vehicles (NGV) over the bridge toward a cleaner transportation sector, have shifted lanes with electric vehicles (EV) gaining speed by the day. In the last three decades, NGV adoption was bolstered by 37 key federal subsidies, laws, programs and regulations, some of which have…

Natural gas futures on Wednesday lost ground for the third time in four sessions, succumbing to spring weather expectations and stout production levels. The April Nymex gas futures contract settled at $2.171/MMBtu, down 17.7 cents day/day. May fell 17.8 cents to $2.307. At A Glance: Front month sheds 17.7 cents day/day Next-day cash prices under…

U.S. natural gas consumption averaged 88.5 Bcf/d last year, an all-time high in records dating back to 1949, according to the Energy Information Administration (EIA). The federal agency said natural gas consumption peaked last year in January and July. EIA noted that natural gas peaks twice a year in the United States, driven by the…