natural gas price forecast

Slumping U.S. Natural Gas Prices Lead Energy Analysts to Lower Forecasts into 2024

Slumping U.S. Natural Gas Prices Lead Energy Analysts to Lower Forecasts into 2024

The U.S. natural gas market is predicted to be oversupplied this year from a warmer-than-normal start to the year and declining demand, which are likely to suppress prices into 2024. Energy analysts trimming their domestic natural gas price forecasts include BMO Capital Markets, Goldman Sachs Commodity Markets, Jefferies and Tudor, Pickering, Holt & Co. (TPH).  …

March 28, 2023
North American Natural Gas Price Outlook – Listen Now to NGI’s Hub & Flow

North American Natural Gas Price Outlook – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow. NGI senior editors Andrew Baker and Kevin Dobbs discuss the outlook for North American natural gas prices in 2023. They address factors including a mild weather start to the year, robust U.S. production, the Freeport LNG outage and the potential for future…

February 8, 2023
Are Higher Canada AECO Natural Gas Prices a Pipe Dream? 

Are Higher Canada AECO Natural Gas Prices a Pipe Dream? 

Discounted pricing at the NOVA/AECO C natural gas hub in Southern Alberta is likely to remain a fact of life over the near term, even if pipeline expansions and LNG exports in Western Canada come online as scheduled, according to experts. Abundant gas supply from the Western Canadian Sedimentary Basin (WCSB) and limited egress capacity…

January 5, 2023
Energy Bank Execs Forecast Ongoing Strength in Global Natural Gas, Oil Prices

Energy Bank Execs Forecast Ongoing Strength in Global Natural Gas, Oil Prices

U.S. energy bankers expect to see “sustained increases” in global natural gas and oil prices – at a higher level than predicted earlier this year. According to the Fall 2022 Energy Price Deck Survey of 23 energy bank executives that was conducted in October by Haynes and Boone LLC, the forecasts showed significantly increased near-term…

November 16, 2022
Volatile Natural Gas Futures, Cash Prices Flip Higher Alongside Demand Forecasts

Volatile Natural Gas Futures, Cash Prices Flip Higher Alongside Demand Forecasts

Natural gas futures prices rebounded on Wednesday as weather forecasts once again hinted at colder temperatures and a major export facility affirmed its intention to relaunch this month, offsetting expectations for a stout government inventory report. At A Glance: Weather outlook shifts colder Futures jump 55 cents day/day Solid storage injection projected The December Nymex…

November 2, 2022
What Tools are Used by the Natural Gas Industry to Forecast Prices? Listen Now to NGI’s Hub & Flow

What Tools are Used by the Natural Gas Industry to Forecast Prices? Listen Now to NGI’s Hub & Flow

Click here to listen to part three of NGI’s three-part Hub & Flow podcast series that discusses how the North American natural gas market works and details behind the tools that are available to successfully navigate it. Trying to understand where the price of natural gas at the Henry Hub is headed? In part one,…

October 19, 2022
Natural Gas Futures Extend Rally, Propelled by LNG Momentum

Natural Gas Futures Extend Rally, Propelled by LNG Momentum

Natural gas prices see-sawed Tuesday as traders weighed modest near-term domestic heating needs against an anticipated freeze early next month and surging demand for U.S. liquefied natural gas (LNG). Ultimately, the latter factors carried the day, and the January Nymex gas futures contract advanced 3.5 cents and settled at $3.869. February gained 1.6 cents to…

December 22, 2021
Energy Banks Forecasting Higher Natural Gas, Oil Prices in Welcome Trend for E&P Borrowers

Energy Banks Forecasting Higher Natural Gas, Oil Prices in Welcome Trend for E&P Borrowers

Banks that lend to natural gas and oil producers have substantially raised their price expectations for both commodities, according to the latest biannual Energy Bank Price Deck Survey conducted by Haynes and Boone LLP. The law firm conducts spring and fall editions of the survey each year to capture the expectations of energy banks for…

November 12, 2021
Natural Gas Futures Pull Back as Forecasts Point to Sliding Demand

Natural Gas Futures Pull Back as Forecasts Point to Sliding Demand

Natural gas futures faltered on Monday, extending to three days a losing streak that materialized alongside forecasts for cooler temperatures and moderating demand.    At A Glance: Futures fall amid cooler weather Forecasts call for mild conditions Global supplies tight The October Nymex contract dropped 12.0 cents day/day and settled at $4.985/MMBtu. November fell 12.4 cents…

September 21, 2021
Pricing Transparency ‘An Asset for Everybody’ in Mexico Natural Gas Market, Expert Says

Pricing Transparency ‘An Asset for Everybody’ in Mexico Natural Gas Market, Expert Says

Market players and the government each have roles to play in creating a more liquid, transparent natural gas market in Mexico, according to Eduardo Prud’homme, cofounder of the Gadex energy consultancy. Prud’homme assessed the state of play in Mexico in the latest episode of NGI’s Hub and Flow podcast. Buyers and sellers of natural gas…

September 13, 2021
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