Natural gas futures slipped further Friday, led lower by forecasts for benign weather through the end of December. The January Nymex contract settled at $3.690/MMBtu, down 7.6 cents day/day. A day earlier, the prompt month fell 3.6 cents. February lost 7.6 cents and closed at $3.639/MMBtu on Friday. NGI’s Spot Gas National Avg., in contrast,…
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Mexico’s CFEi Reports 13% Jump in 3Q2021 Natural Gas Volumes, NGI Marketer Ranking Shows
Mexico’s CFEinternacional (CFEi) reported a 13% year/year increase in marketed natural gas volumes during the third quarter, according to the latest NGI Top North American Natural Gas Marketers ranking. CFEi, the international fuel marketing arm of state power utility Comisión Federal de Electricidad (CFE), transacted 3.77 Bcf/d during 3Q, up from 3.33 Bcf/d in the…
December 13, 2021
‘Up, Up and Away!’ for Natural Gas Prices as Ida Seen Landing East of LNG Interests
Following through on the previous session’s prodigious rally and then some, natural gas futures soared early Friday as traders contemplated tight balances and a potential major Gulf Coast hurricane. The expiring September Nymex contract was up 18.0 cents to $4.364/MMBtu at around 8:45 a.m. ET. October was up 17.2 cents to $4.383. At 8 a.m.…
August 27, 2021
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