natural gas exports

Bearish U.S. Backdrop Prompts Big Sell-Off for Natural Gas Futures; Cash Mixed

Bearish U.S. Backdrop Prompts Big Sell-Off for Natural Gas Futures; Cash Mixed

In another show of extreme volatility, natural gas futures came tumbling down on Friday as U.S. traders gave more weight to bearish fundamentals on the home front rather than escalating fears of a global supply shortage this winter. The November Nymex gas futures contract capped the week at $5.619, off 24.8 cents day/day. December plunged…

October 1, 2021
Natural Gas Price Volatility Testing Trader’s Nerves — Mexico Market Spotlight

Natural Gas Price Volatility Testing Trader’s Nerves — Mexico Market Spotlight

U.S. natural gas futures facing Mexican buyers and sellers were a roller coaster this week as prices jumped early in the week as October rolled off the board followed by a dive on Wednesday when November took over as the front month. “Markets are very, very nervy,” a Mexico City-based trader told NGI’s Mexico GPI.…

September 30, 2021
November Natural Gas Futures Open Run as Front Month with a Whimper; Cash Prices Clunk

November Natural Gas Futures Open Run as Front Month with a Whimper; Cash Prices Clunk

Natural gas futures floundered on Wednesday as November took over as the front month and markets mulled waning weather-driven demand that could free up more domestic supply for storage ahead of winter. At A Glance: U.S. EIA on Thursday reported an injection of 88 Bcf natural gas into storage for the week ended Sept. 2Cash…

September 30, 2021
Cash Prices, Natural Gas Futures Soar Again, Extend Rally

Cash Prices, Natural Gas Futures Soar Again, Extend Rally

Following a 56.6-cent gain to start the week, the October Nymex contract on Tuesday rose another 13.5 cents day/day and settled at $5.841/MMBtu before rolling off the board. November, which takes over as the prompt month on Wednesday, gained 14.9 cents to $5.880. At A Glance: October contract spikes on expiry Global tightness driving increased…

September 29, 2021
Ahead of Expiry, October Natural Gas Futures Mount Massive Rally

Ahead of Expiry, October Natural Gas Futures Mount Massive Rally

Natural gas futures sailed higher on Monday, rallying for a third straight session ahead of prompt month expiration and amid a potential global energy supply crunch. At A Glance: Futures eclipse $5.700 threshold Cash surges The October contract expires Tuesday The October Nymex contract spiked 56.6 cents day/day and settled at $5.706/MMBtu. October rolls off…

September 28, 2021
October Natural Gas Futures Rally As Expiry Looms

October Natural Gas Futures Rally As Expiry Looms

Looming front-month expiration helped spark a massive surge in natural gas futures prices in early trading Monday. The expiring October Nymex contract was up 32.4 cents to $5.464/MMBtu at around 8:50 a.m. ET; November was up 32.8 cents to $5.528. At A Glance: Futures surge a second straight day Global supply challenges are in focus…

September 27, 2021
Despite Onset of Shoulder Season, October Natural Gas Futures Extend Robust Revival

Despite Onset of Shoulder Season, October Natural Gas Futures Extend Robust Revival

Natural gas futures rallied for a second day on Friday as the potential for supply constraints outweighed mild autumn weather and modest near-term domestic demand. Impending front-month expiration also factored in, analysts said. At A Glance: Futures surge a second straight day Domestic weather demand tapers Global supply challenges in focus The October Nymex contract…

September 24, 2021
Natural Gas Futures Finish Flat as Weather Demand Looks Weak

Natural Gas Futures Finish Flat as Weather Demand Looks Weak

Natural gas futures on Wednesday snapped a four-day losing streak, though barely, after trading in a narrow range most of the session. Rebounding liquified natural gas (LNG) export volumes offset domestic demand forecasts that held in bearish territory. At A Glance: BREAKING: Utilities injected 76 Bcf natural gas into underground storage for the week ended…

September 23, 2021
CFEi Natural Gas Volumes Surge in 2Q2021 as Top Marketers Post Declines

CFEi Natural Gas Volumes Surge in 2Q2021 as Top Marketers Post Declines

Mexico’s CFEinteranacional (CFEi) transacted 3.79 Bcf/d of natural gas during the second quarter, up 23% year/year, according to the latest NGI Top North American Natural Gas Marketers rankings. CFEi is the international marketing arm of Mexico’s state-owned power company Comisión Federal de Electricidad (CFE). The increase comes amid surging gas exports via pipeline from the…

September 22, 2021
Natural Gas Futures Slide a Fourth Day as Cooler Temps Portend Larger Stock Builds

Natural Gas Futures Slide a Fourth Day as Cooler Temps Portend Larger Stock Builds

Natural gas futures on Tuesday declined for a fourth straight session, as traders mulled cooling weather patterns and interruptions to U.S. exports of liquefied natural gas (LNG). Global demand, however, remains robust and stockpiles for winter are tight, leaving open the potential for a supply crunch and a surge in prices in the weeks ahead.…

September 22, 2021