natural gas exports

In one of the most explosive sessions in recent weeks – and that’s saying a lot – natural gas futures rocketed higher Monday as production struggles to gain momentum and heat is starting to intensify ahead of what’s expected to be a hot summer. The July Nymex gas futures contract jumped 79.9 cents to $9.322/MMBtu.…

Natural gas futures price action quieted down a bit Friday, no doubt with traders’ heads still spinning from the prior day’s wild swings. The July Nymex gas futures contract settled 3.8 cents higher to end the week, at $8.523/MMBtu. August futures picked up 3.6 cents to reach $8.510. Spot gas prices retreated after several days…

Natural gas futures price action quieted down a bit Friday, no doubt with traders’ heads still spinning from the prior day’s wild swings. The July Nymex gas futures contract settled 3.8 cents higher to end the week, at $8.523/MMBtu. August futures picked up 3.6 cents to reach $8.510. At A Glance: Stronger injections needed asap…

July natural gas futures debuted at the front of the Nymex curve with a thud, tumbling 16.8 cents to $8.727/MMBtu ahead of the Memorial Day holiday weekend. At A Glance: Cooler June outlook softens futures Production ramping higher Cash off on soft holiday demand Spot gas prices also softened amid light demand, with NGI’s Spot…

The June Nymex natural gas futures contract rallied toward its expiration on Thursday, pushing above $9.401 in intraday trading and reaching the highest level since 2008. Even as traders digested a weak storage print and renewed concerns about a supply crunch, many took profits in the final hour of trading that ultimately sent futures into…

Natural gas futures on Wednesday soared past $9.000/MMBtu for the first time since 2008 amid worries that fragile supplies may prove inadequate to meet summer cooling demand and robust calls for U.S. exports. At A Glance: BREAKING: U.S. EIA reports injection of 80 Bcf natural gas into underground storage for the week ended May 20…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Jamison Cocklin, senior editor of liquefied natural gas (LNG), and Patrick Rau, director of strategy and research, discuss their takeaways from a trip to Vancouver, British Columbia, for the Canada Gas & LNG Exhibition and Conference. They discuss Canada’s prospects…

Venture Global LNG Inc. on Wednesday reached a positive final investment decision (FID) on its Plaquemines liquefied natural gas (LNG) export project in Louisiana. It also completed $13.2 billion of financing for the first phase. The FID is the first time a U.S. project has been sanctioned since August 2019. At that time, Venture Global…

Natural gas futures raced ahead Monday, snapping the two-day slump that closed out the prior week, as U.S. exports gathered more momentum and modest production offset cooler near-term weather forecasts. The June Nymex gas futures contract settled at $8.744/MMBtu, up 66.1 cents day/day. July gained 64.9 cents to $8.827. NGI’s Spot Gas National Avg. rose…