natural gas exports

October Natural Gas Futures Eke Out Another Price Gain Friday

October Natural Gas Futures Eke Out Another Price Gain Friday

Natural gas prices hovered in a narrow range of modest gains and losses Friday before ultimately finishing in positive territory, as traders assessed cooler near-term weather patterns and mounting production against lingering storage deficits.   The October Nymex gas futures contract settled at $7.996/MMBtu, up 8.1 cents day/day. It marked a second consecutive advance. November rose…

September 12, 2022
Natural Gas Futures Forge Ahead, but Sustained September Momentum Proves Elusive

Natural Gas Futures Forge Ahead, but Sustained September Momentum Proves Elusive

Natural gas prices hovered in a narrow range of modest gains and losses Friday before ultimately finishing in positive territory, as traders assessed cooler near-term weather patterns and mounting production against lingering storage deficits.   At A Glance: Weather demand forecast to wane ‘Fear’ lingers about threat to exports Production holds near 2022 high The October…

September 9, 2022
Column: Mexico’s Unending Quest for Energy Security Rattles On

Column: Mexico’s Unending Quest for Energy Security Rattles On

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Mexico’s power matrix relies on natural gas for 65% of its output. As such, gas consumption sees the same kind of seasonality…

September 9, 2022
Bears Gain Upper Hand in North American Natural Gas Market; Supreme Court Denies Sener – Mexico Spotlight

Bears Gain Upper Hand in North American Natural Gas Market; Supreme Court Denies Sener – Mexico Spotlight

North American natural gas futures dropped below $8.00/MMBtu this week as U.S. natural gas production neared an all-time high of around 100 Bcf/d. A U.S. Environmental Protection Agency (EPA) decision maintaining emissions limits at turbines at Cheniere Energy Inc.’s LNG facilities further empowered bears. Cheniere’s Sabine Pass and Corpus Christi liquefied natural gas facilities currently…

September 8, 2022
Natural Gas Futures Fade on Milder Temps, Strong Production

Natural Gas Futures Fade on Milder Temps, Strong Production

As traders continued to read the tea leaves on winter supply dynamics both at home and abroad, a combination of fading weather-driven demand and strong production saw natural gas futures tumble in the market’s return from the Labor Day holiday. Extending a 47.6-cent sell-off leading into Labor Day Weekend, the October Nymex contract plunged another…

September 7, 2022
Improved Supply Picture, Cooler Outlook Drags Natural Gas Futures, Cash Lower

Improved Supply Picture, Cooler Outlook Drags Natural Gas Futures, Cash Lower

It was a bloodbath in the natural gas market at the close of the week, with production figures showing only a modest dip day/day and holding near highs. With the most intense heat throughout the first half of the month relegated out West, the October Nymex gas futures contract plunged 47.6 cents Friday to settle…

September 6, 2022
Natural Gas Futures Collapse on Stronger Production, Storage Optimism; Cash Slides

Natural Gas Futures Collapse on Stronger Production, Storage Optimism; Cash Slides

It was a bloodbath in the natural gas market at the close of the week, with production figures showing only a modest dip day/day and holding near highs. With the most intense heat throughout the first half of the month relegated out West, the October Nymex gas futures contract plunged 47.6 cents Friday to settle…

September 2, 2022
Bearish Storage Data Ignored in Latest Gain for Natural Gas Futures; Cash Rallies Too

Bearish Storage Data Ignored in Latest Gain for Natural Gas Futures; Cash Rallies Too

After falling within pennies of the $9 mark early Thursday, bulls paraded in and delivered a swift kick to natural gas futures prices. Storage data confirming looser balances sapped momentum only briefly, with the October Nymex gas futures contract settling at $9.262/MMBtu, up 13.5 cents on the day. November futures picked up 14.1 cents to…

September 2, 2022
North American Natural Gas Futures Stubbornly Above $9 as Shoulder Season Kicks Off — Mexico Spotlight

North American Natural Gas Futures Stubbornly Above $9 as Shoulder Season Kicks Off — Mexico Spotlight

North American natural gas futures were up and down this week as the prompt month changed hands, but remained above the $9/MMBtu mark. On Wednesday, the October Nymex gas futures contract rose 8.5 cents day/day to settle at $9.127. November futures climbed 8.6 cents to $9.189. “The market has certainly been very resilient, with any…

September 1, 2022
Natural Gas Futures Recover Despite Forecasts for Above-Average Storage Injection

Natural Gas Futures Recover Despite Forecasts for Above-Average Storage Injection

Natural gas futures were lower early Wednesday, dragged down by softening global gas prices and production near recent highs. Bulls bought the dip and eventually garnered enough momentum to stage a recovery. After touching a $9.284/MMBtu intraday high, the October Nymex gas futures contract ultimately settled 8.5 cents higher day/day at $9.127. November futures climbed…

September 1, 2022