natural gas exports

The December natural gas futures contract on Friday floundered in its first session as the prompt month amid light demand, strong production and forecasts for plump storage injections. At A Glance: Production holds strong Weather demand wanes Storage levels strengthen December Nymex gas futures settled at $5.684, down 19.1 cents day/day. January fell 18.3 cents…

Prompt month natural gas futures limped into expiration on Thursday, as traders weighed a light storage print against benign near-term weather and expectations for a return to relatively stout injections in coming weeks. The November Nymex gas futures contract shed 42.0 cents day/day and settled at $5.186 before rolling off the board. The December contract,…

Stronger cash prices, short-covering and caffeine following late-night celebrations as the Houston Astros swept the New York Yankees to advance to their fourth World Series in six years. Those were among the myriad reasons market observers gave for Monday’s recovery along the Nymex natural gas futures curve. At A Glance: HDDs added to long-range forecasts…

Natural gas futures collapsed further on Friday, settling at a level not seen in seven months as widespread warmth was seen continuing longer, limiting gas demand. The November Nymex natural gas futures contract closed out the week at $4.959/MMBtu, down 39.9 cents from Thursday’s close and off $1.494 from a week earlier (Oct. 14). At…

With recent price gains seemingly not tied to fundamentals, natural gas futures prices came to their senses and tumbled on Friday amid a warming weather outlook and rising inventories. The Nymex November gas futures contract closed out the week at $6.453/MMBtu, off 28.8 cents from Thursday’s close. December futures slid 22.6 cents to $6.827. At…

Infrastructure developer and investor Glenfarne Group LLC has created Glenfarne Energy Transition LLC (GET), focused on high-growth emerging markets and energy solutions, renewable power and grid stability. “GET believes that the world needs to adopt renewables at an accelerating rate to fight climate change and achieve energy security, but economies globally lack sufficient grid stability…

Mexico is unlikely to substantially increase its natural gas production over the next five to six years, according to upstream regulator Comisión Nacional de Hidrocarburos (CNH). In its latest “prospectiva” or outlook for oil and natural gas output, the regulator modeled high, low and medium production growth scenarios for each hydrocarbon. The high case scenario…

The United States could see increased upward pressure on natural gas prices compared with last winter, as cold weather and surging demand threaten to offset production gains, according to the National Gas Supply Association’s (NGSA) Winter Outlook. In the forecast presented Wednesday, NGSA Chairman David Attwood, who is an ExxonMobil vice president, touted the “comeback…

North American natural gas prices continued on the downward swing this week as Hurricane Ian pummeled the U.S. state of Florida and markets braced for a potential economic slowdown. The October Nymex natural gas futures contract edged up 21.7 cents on Wednesday, its final day as prompt month, to expire at $6.868/MMBtu. On Thursday, November…