natural gas production

Mexican President Andrés Manuel López Obrador on Tuesday pledged energy prices would not rise as a result of the Russia-Ukraine crisis, and this week U.S. natural market futures provided an assist. On Wednesday, the April New York Mercantile Exchange gas futures contract lost ground for a third straight day and shed a tenth of a…

Natural gas prices held in a narrow range Wednesday, flipping between modest gains and losses as traders balanced global supply worries amid the war in Ukraine against the prospect of fading domestic demand. At A Glance: BREAKING: U.S. EIA reports 124 Bcf natural gas withdrawal from storage for the week ended March 4 U.S. LNG…

Natural gas futures slipped lower for a second consecutive day, as traders continued to focus on bearish shifts in domestic weather outlooks even as war raged in Ukraine and Western sanctions against Russia threatened to send global commodity prices to record highs. The April Nymex natural gas futures contract settled at $4.527/MMBtu, down 30.6 cents…

U.S. natural gas prices retreated Monday after rallying the previous week in the wake of Russia’s invasion of Ukraine. Traders looked past soaring European gas and global oil prices to start and focused on the likelihood of waning domestic demand. The April Nymex gas futures contract settled at $4.833/MMBtu, down 18.3 cents day/day. May shed…

Natural gas prices on Friday forged ahead for the third time in four days, buoyed by global supply fears imposed by Russia’s invasion of Ukraine, surging European prices and the related prospect of a protracted period of record demand for U.S. liquefied natural gas (LNG).   The April Nymex gas futures contract spiked 29.4 cents day/day…

Natural gas prices on Friday forged ahead for the third time in four days, buoyed by global supply fears imposed by Russia’s invasion of Ukraine, surging European prices and the related prospect of a protracted period of record demand for U.S. liquefied natural gas (LNG).    At A Glance: Russia continued its assault on Ukraine Markets…

Natural gas prices hovered in a narrow range of modest losses and gains much of Thursday before ultimately finishing in negative territory for the first time in three sessions, as markets assessed the evolving Russia-Ukraine war and a triple-digit storage withdrawal. The April Nymex gas futures contract settled at $4.722/MMBtu, down 4.0 cents day/day. May…

This week was a manic time in natural gas markets globally, and Mexico was not without its share of drama. Last Friday, Mexico’s Cenagas declared a rare critical alert on the Sistrangas national pipeline system, which meant some users would see natural gas restrictions. The alert was related to problems at a gas processing center…

Natural gas futures on Wednesday posted a double-digit advance for a second consecutive session as Russia forged ahead with its invasion of Ukraine, intensifying concerns of an energy crisis and fueling a rally in commodity prices. The April Nymex gas futures contract climbed 18.9 cents day/day and settled at $4.762/MMBtu. The prompt month rose 17…