natural gas exports

Production declines and further forecasts for early summer heat sent natural gas futures higher again on Tuesday. The June Nymex gas contract advanced 34.8 cents day/day to close at $8.304/MMBtu. It marked a second straight gain. July futures rose 34.1 cents to $8.394. NGI’s Spot Gas National Avg. followed suit, rising 25.0 cents to $7.990.…

Following a loss last week, natural gas futures bounced back on Monday as traders mulled reports of robust power burns and lighter production. The June Nymex contract gained 29.3 cents day/day and settled at $7.956/MMBtu. July rose 28.8 cents to $8.053. The prompt month had closed lower Friday and shed 5% the past week. NGI’s…

Natural gas futures fluctuated Friday, posting an early double-digit gain before dropping deep in the red by midday amid profit-taking to close out the week. The June Nymex gas futures contract ultimately settled at $7.663/MMBtu, down 7.6 cents day/day. July declined 7.0 cents to $7.765. At A Glance: Traders take profits to close week Cooling…

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. The asymmetry between the energy markets of the United States and Mexico is a consequence of differences in natural resource endowments, economic…

Natural gas futures advanced for a second straight day on Wednesday amid expectations for summer production to trail demand, potentially pressuring storage supplies. The June Nymex gas futures contract gained 25.5 cents day/day and settled at $7.640/MMBtu. July rose 26.0 cents to $7.727. At A Glance: BREAKING: U.S. EIA reports an injection of 76 Bcf…

Natural gas futures on Tuesday bounced back from punishing losses the two previous sessions, as traders assessed choppy domestic production levels and new threats to global supplies amid reports of Russian forces interrupting flows to Europe. The June Nymex gas futures contract settled at $7.385/MMBtu, up 35.9 cents day/day. It marked a stark reversal after…

Natural gas futures floundered for a second consecutive session on Monday, as speculative buyers moved to the sidelines following a colossal bull run to start May. A catalyst for that rally – weak production – showed signs of recovery, easing concerns about inadequate supplies to meet extreme heat-driven demand in the South. The June Nymex…

Natural gas futures floundered for a second consecutive session on Monday, as speculative buyers moved to the sidelines following a colossal bull run to start May. A catalyst for that rally – weak production – showed signs of recovery, easing concerns about inadequate supplies to meet extreme heat-driven demand in the South. The June Nymex…

From British Columbia (BC) to the Gulf of Mexico, accelerating global trade in liquefied natural gas (LNG) has emerged as the growth driver for the Enbridge Inc. pipeline network, CEO Al Monaco said. “It’s clear we are at an inflection point in global energy markets,” Monaco said in delivering 1Q2022 results. “Demand continues to grow,…