natural gas production

Natural gas futures stumbled on Friday as Hurricane Ian, after ravaging Florida, moved up the Atlantic and menaced Southeast coastal markets. It brought fierce winds and storm surges, curbing cooling demand and pressuring prices. The November Nymex gas futures contract settled at $6.766/MMBtu, down 10.8 cents day/day. December fell 7.7 cents to $7.065. NGI’s Spot…

Natural gas futures stumbled on Friday as Hurricane Ian, after ravaging Florida, moved up the Atlantic and menaced Southeast coastal markets. It brought fierce winds and storm surges, curbing cooling demand and pressuring prices. At A Glance: Massive storm batters East Coast Weather-driven demand withers Production holds near 2022 high The November Nymex gas futures…

Natural gas futures fell on Thursday in the wake of demand destruction imposed by Hurricane Ian and another stout storage injection. The November Nymex gas futures contract, debuting as the prompt month, lost 8.1 cents day/day and settled at $6.874 /MMBtu. December shed 5.8 cents to $7.142. At A Glance: EIA prints 103 Bcf storage…

North American natural gas prices continued on the downward swing this week as Hurricane Ian pummeled the U.S. state of Florida and markets braced for a potential economic slowdown. The October Nymex natural gas futures contract edged up 21.7 cents on Wednesday, its final day as prompt month, to expire at $6.868/MMBtu. On Thursday, November…

Click here to listen to the latest episode of NGI’s Hub & Flow, which discusses refracturing existing natural gas and oil wells as a means of advancing U.S. energy security and easing price volatility. In the podcast, NGI Associate Editor Matthew Veazey talks with Houston-based CEO Matt Johnson of Primary Vision about how the U.S.…

Coming off a 12% slump last week, natural gas futures clawed back into the green Monday amid estimates of record output and potential threats to production in the form of a hurricane en route to Florida. The October Nymex gas futures contract gained 7.5 cents day/day and settled at $6.903/MMBtu. November added 2.2 cents to…

Natural gas futures on Friday concluded a fifth consecutive weekly decline, led lower by abating cooling demand, increasing production and mounting storage. The October Nymex gas futures contract settled at $6.828/MMBtu to close the week’s final session, down 26.1 cents day/day. November fell 20.1 cents to $6.992. NGI’s Spot Gas National Avg. plunged $1.260 to…

Natural gas futures on Friday concluded a fifth consecutive weekly decline, led lower by abating cooling demand, increasing production and mounting storage. The October Nymex gas futures contract settled at $6.828/MMBtu to close the week’s final session, down 26.1 cents day/day. November fell 20.1 cents to $6.992. At A Glance: Futures slip below $7 handle…

Natural gas futures fell for the third time this week after the latest government inventory data showed the biggest boost to underground storage this year, reflecting waning demand and robust production. The October Nymex gas futures contract dropped 69.0 cents day/day and settled at $7.089/MMBtu. November fell 63.4 cents to $7.193. NGI’s Spot Gas National…