natural gas production

February Natural Gas Futures Tick Lower Despite LNG Momentum, Production Risks

February Natural Gas Futures Tick Lower Despite LNG Momentum, Production Risks

Natural gas futures trended lower early Friday amid hints of long-range warmth but ultimately finished nearly flat as cash markets and export demand held strong. The February Nymex gas futures contract settled at $4.262/MMBtu, down eight-tenths of a cent day/day. March, however, gained 7.6 cents to $4.081. At A Glance: Cold front looms but may…

January 14, 2022
Furious February Natural Gas Futures Rally Finally Fizzles

Furious February Natural Gas Futures Rally Finally Fizzles

The price of natural gas for delivery next month nosedived on Thursday as traders took profits after a massive four-day rally. The February Nymex gas futures contract settled at $4.270/MMBtu, down 58.7 cents day/day. March dropped 32.2 cents to $4.005. NGI’s Spot Gas National Avg., in contrast, continued to climb, gaining 89.0 cents to $6.450on…

January 14, 2022
Impending Cold Blast in Texas Spelling Natural Gas Volatility – Mexico Spotlight

Impending Cold Blast in Texas Spelling Natural Gas Volatility – Mexico Spotlight

With freezing weather on the horizon throughout much of the United States, including Texas, February natural gas prices at hubs key to Mexico shot up this week. The Henry Hub February contract closed at $4.857/MMBtu on Wednesday, up 60.8 cents on the day and more than  $1 from one week ago. Agua Dulce was up…

January 13, 2022
Anticipated Deep Freeze Sends February Natural Gas Futures to Fresh 2022 High

Anticipated Deep Freeze Sends February Natural Gas Futures to Fresh 2022 High

Natural gas futures surged on Wednesday, extending the first lengthy rally of 2022 to four straight days as forecasts for bitter cold temperatures and lofty heating demand intensified. The February Nymex gas futures contract soared 60.8 cents day/day and settled at $4.857. March jumped 35.9 cents to $4.327. At A Glance: BREAKING: U.S. EIA reported…

January 13, 2022
February Natural Gas Futures Exceed $4 Second Straight Day

February Natural Gas Futures Exceed $4 Second Straight Day

Natural gas futures advanced for a third consecutive session on Tuesday, led higher by mounting levels of U.S. exports, as well as continued expectations for robust domestic demand and increased storage withdrawals. The February Nymex gas futures contract gained 17.0 cents day/day and closed at $4.249/MMBtu. March rose 13.4 cents to $3.968. NGI’s Spot Gas…

January 12, 2022
February Natural Gas Futures Float to 2022 High Amid LNG Strength, Colder Forecasts

February Natural Gas Futures Float to 2022 High Amid LNG Strength, Colder Forecasts

Natural gas futures on Monday closed above $4.00 for the first time this year as European calls for U.S. exports remain robust and forecasts point to continued strong domestic weather-driven demand. The February Nymex gas futures contract settled at $4.079/MMBtu, up 16.3 cents day/day. March rose 10.8 cents to $3.834. NGI’s Spot Gas National Avg.…

January 11, 2022
Natural Gas Futures Gather Momentum as Winter Chills Prevail

Natural Gas Futures Gather Momentum as Winter Chills Prevail

Natural gas futures advanced Friday as traders shrugged off a disappointing government inventory report and focused instead on robust heating demand, as well as forecasts for additional blasts of freezing weather later in January. The February Nymex gas futures contract gained 10.4 cents day/day and settled at $3.916/MMBtu. March climbed 5.6 cents to $3.726. NGI’s…

January 10, 2022
February Natural Gas Futures Fizzle, But Spot Prices Spike

February Natural Gas Futures Fizzle, But Spot Prices Spike

Natural gas futures faltered on Thursday after the latest government inventory report showed ample supplies and relatively modest early-winter heating demand. The February Nymex gas futures contract fell 7.0 cents day/day and settled at $3.812/MMBtu. March dipped 4.0 cents to $3.670. At A Glance: EIA posts a 31 Bcf pull from storage The result was…

January 7, 2022
Natural Gas Futures Stumble as Stockpiles Hold Above Historic Average

Natural Gas Futures Stumble as Stockpiles Hold Above Historic Average

Natural gas futures faltered on Thursday after the latest government inventory report showed ample supplies and relatively modest early-winter heating demand. The February Nymex gas futures contract fell 7.0 cents day/day and settled at $3.812/MMBtu. March dipped 4.0 cents to $3.670. At A Glance: EIA posts a 31 Bcf pull from storage The result falls…

January 6, 2022
Mexico Natural Gas Market Rides Out First U.S. Cold Snap Without Issues – Mexico Spotlight

Mexico Natural Gas Market Rides Out First U.S. Cold Snap Without Issues – Mexico Spotlight

Texas, and most of the United States, experienced its first big freeze of the year last weekend, but even as natural gas production dropped, the Mexico market didn’t feel any major impacts. “So far, everything has been very tranquil in the market,” a gas buyer in Mexico City told NGI’s Mexico GPI. He said that…

January 6, 2022
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