natural gas prices

October Natural Gas Futures Fail to Find Footing as Weather Outlook Grows Bearish

October Natural Gas Futures Fail to Find Footing as Weather Outlook Grows Bearish

Natural gas futures on Friday dipped lower for a second consecutive day as traders mulled forecasts for milder temperatures, the specter of easing demand and the potential for stronger storage injections ahead. At A Glance: Futures falter for a second day Forecasts call for mild conditions Spot prices fade The October Nymex contract dropped 23.0…

September 20, 2021
Weather Demand Trends Lower Over Weekend as Natural Gas Futures Called Near Even

Weather Demand Trends Lower Over Weekend as Natural Gas Futures Called Near Even

After some up-and-down action for a market that’s been closely monitoring global prices trends, natural gas futures were trading close to even early Monday. The October Nymex contract was up 0.4 cents to $5.109/MMBtu at around 8:50 a.m. ET. Forecast weather-driven demand trended lower over the weekend, a result of declines in both projected cooling…

September 20, 2021
Natural Gas Futures Slide Early as ‘Volatility Likely Rules’ Amid Storage Concerns

Natural Gas Futures Slide Early as ‘Volatility Likely Rules’ Amid Storage Concerns

As traders and analysts continued to mull the balance implications of a weekly injection that fell on the high side of estimates, recently volatile natural gas futures prices lost further ground in early trading Friday. The October Nymex contract was down 11.5 cents to $5.220/MMBtu at around 8:50 a.m. ET. The U.S. Energy Information Administration…

September 17, 2021
Mexico Natural Gas Market Spotlight: Pricing ‘Fear’ Spilling Across Border

Mexico Natural Gas Market Spotlight: Pricing ‘Fear’ Spilling Across Border

Despite a slight reversal in trend Thursday spurred by a larger than expected injection into U.S. storage inventories, natural gas prices have been on a tear and are at eight-year highs. The October New York Mercantile Exchange (Nymex) contract jumped more than 50 cents between Monday and Wednesday, touching new highs for the year on…

September 16, 2021
October Natural Gas Futures, Spot Prices Extend Rally

October Natural Gas Futures, Spot Prices Extend Rally

Natural gas futures on Wednesday rallied for a third consecutive session, again touching a new high for the year as traders fixated on potentially sparse supplies in the United States and Europe ahead of the peak winter demand season.  At A Glance: BREAKING: U.S. EIA reports injection of 83 Bcf into natural gas storage for…

September 16, 2021
Natural Gas Futures Pare Gains Ahead of EIA Report as Analysts Watch Global Price Trends

Natural Gas Futures Pare Gains Ahead of EIA Report as Analysts Watch Global Price Trends

Natural gas futures pared their recent gains early Thursday as traders prepared to digest updated government inventory data that was expected to show a notably larger weekly injection compared to recent reports. The October Nymex contract was down 8.3 cents to $5.377/MMBtu at around 8:55 a.m. ET. That the October contract began to sell off…

September 16, 2021
Tropical Storm Nicholas Punctuates Supply Worries, Drives Natural Gas Futures Higher

Tropical Storm Nicholas Punctuates Supply Worries, Drives Natural Gas Futures Higher

Natural gas futures on Tuesday extended the ferocious rally launched a day earlier, hitting a high point for the year, as traders fixated on supply/demand imbalance concerns and cash prices continued to escalate. The October Nymex contract gained 2.9 cents day/day and settled at $5.260/MMBtu. A day earlier, the prompt month soared nearly 30 cents.…

September 15, 2021
‘All Fear in the Market’ as Natural Gas Futures Rally Early

‘All Fear in the Market’ as Natural Gas Futures Rally Early

Natural gas futures rocketed higher early Wednesday as supply concerns continued to grip the market. The October Nymex contract was up 17.4 cents to $5.434/MMBtu at around 8:45 a.m. ET. The continued gains in Henry Hub futures coincide with rallying prices overseas and storage adequacy concerns both at home and abroad, according to Bespoke Weather…

September 15, 2021
October Natural Gas Futures Find Fresh 2021 Highs as Supply Worries Fester

October Natural Gas Futures Find Fresh 2021 Highs as Supply Worries Fester

Natural gas futures surged on Monday as a new tropical storm threatened to further shake the Gulf of Mexico’s (GOM) production foundation, a development that could hamper supply/demand balances at a time when gas in storage for winter is already light. At A Glance: Nicholas threatens output GOM production still off Cash prices climb The…

September 14, 2021
Spire’s Natural Gas Pipeline Secures FERC Certificate to Keep Operating — For Now

Spire’s Natural Gas Pipeline Secures FERC Certificate to Keep Operating — For Now

FERC on Tuesday issued a temporary certificate of public convenience and necessity to Spire STL Pipeline LLC, keeping the 65-mile, 400,000 Dth/d Midwest natural gas conduit in service for now following a court order vacating the project’s federal authorization. Three of the four sitting members of the Federal Energy Regulatory Commission opted to support the…

September 14, 2021