Natural gas futures

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…

Amid erosion of value in the futures market as traders continued to try to price in winter supply risks, regional natural gas forwards pulled back sharply throughout the Lower 48 during the Aug. 31-Sept. 7 period, NGI’s Forward Look data show. From coast to coast, hubs posted fixed price declines of $1-plus for October delivery,…

After steep drops the three prior sessions, natural gas futures bounced back Thursday, as traders digested a bullish inventory report – relative to historic norms – that reminded how strong demand proved over the bulk of summer. The October Nymex gas futures contract climbed 7.3 cents day/day and settled at $7.915/MMBtu. November gained 7.0 cents…

Natural gas spot prices at Henry Hub will average roughly $9/MMBtu during the fourth quarter before retreating to around $6 on average in 2023 amid rising domestic production, according to the latest projections from the Energy Information Administration (EIA). Spot prices at the national benchmark averaged $8.80 in August, versus $7.28 in July, the agency…

Amid erosion of value in the futures market as traders continued to try to price in winter supply risks, regional natural gas forwards pulled back sharply throughout the Lower 48 during the Aug. 31-Sept. 7 period, NGI’s Forward Look data show. From coast to coast, hubs posted fixed price declines of $1-plus for October delivery,…

After steep drops the three prior sessions, natural gas futures bounced back Thursday, as traders digested a bullish inventory report – relative to historic norms – that reminded how strong demand proved over the bulk of summer.  The October Nymex gas futures contract climbed 7.3 cents day/day and settled at $7.915/MMBtu. November gained 7.0 cents…

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…

Natural gas prices dropped again Wednesday as traders assessed receding domestic demand prospects, rising production and possible peril for American LNG exports. The October Nymex gas futures contract settled at $7.842/MMBtu, down 30.3 cents day/day. November fell 31.1 cents to $7.901. At A Glance: BREAKING: U.S. EIA reports an injection of 54 Bcf natural gas…

The U.S. Energy Information Administration (EIA) reported an injection of 54 Bcf natural gas into storage for the week ended Sept. 2. The print came in roughly on par with expectations but below historic norms. Nymex natural gas futures were ahead in early trading Thursday – before and after the report. In the comparable week…