natural gas exports

Natural gas futures finished the week on a flat note, despite expectations for robust demand through mid-September and moderating production levels. At A Glance: Prompt month ticks lower Heatwave to drive demand Inventory surplus narrows The October Nymex gas futures contract on Friday shed three-tenths of a cent day/day and settled at $2.765/MMBtu. NGI’s Spot…

Natural gas futures polished off the week with a modest increase, driven by the likelihood of hot weather returning and becoming widespread early next month. The September Nymex gas futures contract settled Friday at $2.540/MMBtu, up 2.1 cents from Thursday’s settlement. At A Glance: No end in sight for Texas heat Surplus erosion to continue…

Amid a bearish-leaning week in the natural gas futures market as traders eyed moderating late-summer cooling demand into the end of the month, weekly physical prices gave up ground despite some strong heat regionally for the period. The NGI Weekly Spot Gas National Avg. for Aug. 15-21 delivery came in at $2.600/MMBtu, off 11.0 cents…

U.S. natural gas futures swung from a 14-year high above $9.00/MMBtu in the summer of 2022 – following Russia’s invasion of Ukraine and shocks to global supplies –  to lows below $2.500 a year later amid robust production and demand fluctuations. While natural gas prices are always difficult to forecast, it’s a safe bet more…

The dollar value of two-way oil and natural gas trade between Canada and the United States swelled last year to a record $190 billion, as global markets reacted to Russia’s invasion of Ukraine, according to federal researchers. Inflation-adjusted records showed that last year’s energy trade overall between the United States and Canada topped the 2008…

Natural gas futures hovered in narrow range on Friday as traders weighed stout supplies against the potential for strong cooling demand deep into the summer season. The September Nymex gas futures contract ultimately settled at $2.577/MMBtu, up 1.2 cents day/day.   At A Glance: Front month gains 1.2 cents Production near 101 Bcf/d Weather outlook varies…

Natural gas imports into Mexico from West Texas rose this week amid favorable pricing and ample supply. Natural gas futures sunk lower as U.S. production remained above 100 Bcf/d. After three straight losses, the September New York Mercantile Exchange gas futures contract settled at $2.565/MMBtu on Thursday, up 8.8 cents on the day. Mexico pipeline…

Energy Transfer LP plans to restart the permitting process with the Department of Energy (DOE) for its proposed Lake Charles LNG project as it seeks to capitalize on new momentum from offtakers and equity partners. During a second quarter earnings call, Co-CEO Tom Long told analysts the company has been in “discussions” with DOE following…

Cheniere Energy Inc. loaded fewer LNG cargoes in the second quarter amid a heavy stretch of maintenance and slightly weaker international demand. The company loaded 149 cargoes, or 536 TBtu, of the super-chilled fuel during the quarter, down from 156 cargoes, or 563 TBtu, in the year-ago period.  While international demand for liquefied natural gas…