natural gas demand

The Freeport LNG facility in Texas once again rocked North American natural gas markets this week with news that its 2 Bcf/d restart would be delayed by a few weeks. North American futures prices crumbled on the news on Tuesday, before regaining some ground on Wednesday amid higher power demand. The September New York Mercantile…

Click here to listen to the latest episode of NGI’s Hub & Flow, as NGI’s Patrick Rau, director of strategy and research, discusses the structural changes in the U.S. natural gas market. Rau takes a deep dive into the massive upheaval in the markets from tight supply/demand fundamentals, international developments and policy changes in the…

Natural gas futures flew higher Monday on the back of surging global gas prices, with technical momentum working in favor of bulls looking to take out $10/MMBtu. After coming within pennies, however, that goal proved out of reach and the September Nymex gas futures contract ultimately settled at $9.680, up 34.4 cents from Friday’s close.…

Natural gas futures flew higher Monday on the back of surging global gas prices, with technical momentum working in favor of bulls looking to take out $10/MMBtu. After coming within pennies, however, that goal proved out of reach and the September Nymex gas futures contract ultimately settled at $9.680, up 34.4 cents from Friday’s close.…

With production remaining well off recent highs and a concerning storage trajectory ahead of winter, natural gas futures rebounded to close of the week. The September Nymex gas futures contract settled Friday at $9.336, up 14.8 cents from Thursday’s close. October futures climbed 14.5 cents to $9.315. At A Glance: Potential storage shortfall in focus…

Natural gas futures prices in North America continue to be elevated this week amid a lack of clarity surrounding the overall supply picture. NatGasWeather called Thursday’s trading “pure chaos” as traders reacted to a small U.S. storage build for last week. Prices for September’s New York Mercantile Exchange contract bounced all over the place before…

After plunging close to $8.50/MMBtu just before the open, natural gas futures clawed most of the way back throughout Friday’s session despite little day/day change in fundamentals. The September Nymex gas futures contract settled at $8.768/MMBtu, down 10.6 cents from Thursday’s close. October fell a steeper 11.9 cents to $8.744. At A Glance: Cooler trends…

As some teachers and students headed back to the classroom, traders appeared to call an end to the summer for natural gas markets as well. With the latest weather models slicing more projected demand off the 15-day forecast, the Nymex September gas futures contract tumbled 47.5 cents to $7.589/MMBtu on Monday. October futures fell 47.3…

Despite dings along the way, weekly cash prices gained ground amid lofty temperatures across much of the Lower 48 and inconsistent production levels. NGI’s Weekly Spot Gas National Avg. for the July 25-28 period advanced 40.5 cents to $8.655. Robust cooling demand fueled strong advances for physical prices on Monday and Tuesday. Prices pulled back…