natural gas spot prices

Natural gas futures on Tuesday forged ahead for the first time in three sessions, supported by production interruptions, cash market strength and expectations for a relatively modest storage injection. Following an 8.9-cent drop in the previous session, the November Nymex gas futures contract gained 10.9 cents day/day and settled at $2.949/MMBtu. December advanced 8.0 cents…

Natural gas prices were trending lower for October bidweek, dragged down by moderate temperatures, soft LNG demand and a host of other bearish factors as the fall shoulder season gets underway, according to NGI’s Bidweek Alert. California led the month/month price decreases as prices at the SoCal Citygate plummeted around $2.000 from the September bidweek…

Natural gas futures flopped to start the first full week of September as production held strong and forecasts pointed to waning cooling demand as the month wears on.   Coming off a cumulative 9% gain over the course of last week, the October Nymex gas futures contract on Tuesday dropped 18.3 cents day/day and settled at…

U.S. natural gas prices have hit a floor and should strengthen modestly over the next six to 24 months, according to oil and gas executives surveyed by the Federal Reserve Bank of Kansas City. The Kansas City Fed, as it is better known, conducts a quarterly survey to gauge current and expected drilling activity in…

Higher natural gas prices are impacting West Coast utility rate filings this year, leading some opting to provide customers with bill credits, and state and federal governments to offer heftier bill assistance programs

Natural gas futures plummeted on Monday, with a plethora of weak market signals – including the potential for five straight triple-digit storage injections – sending November prices as much as 46 cents below Friday’s close. The November Nymex contract ultimately settled Monday at $6.470/MMBtu, down 29.6 cents. Spot gas prices recovered on Monday, led by…

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…

Coming off a 56.0-cent sell-off to close out last week’s trading, natural gas futures on Monday shrugged off recent bearish developments and reversed course, trading in positive territory most of the day. Still, futures lost momentum late, despite seasonally stout cooling demand forecast for this week, and the October Nymex gas futures contract settled at…

Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…