natural gas

April Nymex natural gas futures finished their penultimate session in the lead position in the red, with the weather expected to provide a modest bump in demand too late to substantially impact the robust supply. At A Glance: April futures slip 4.4 cents Storage remains an anchor Spot gas mixed by weather The prompt-month contract…

Mexico’s natural gas production averaged 4.05 Bcf/d in February 2024, compared to 4.29 Bcf/d in the same month a year ago.  State oil company Petróleos Mexicanos (Pemex) supplied 3.84 Bcf/d or 95% of the total, down from 4.07 Bcf/d in February 2023, data from upstream regulator Comisión Nacional de Hidrocarburos (CNH) show.  Associated gas tied…

April Nymex natural gas futures extended losses into the week’s closing session as a storage glut and a trimming of demand pressured the contract. At A Glance: April futures down 2.4 cents Freeport outage worries Weather support brief The front-month contract settled 2.4 cents lower at $1.659/MMBtu. April futures traded as high as $1.712 and…

Expanding the use of natural gas tapped from Mexico’s abundant reserves would help to reduce the carbon intensity throughout many areas of the economy, said Jeremy Martin, vice president of Energy & Sustainability at the Institute of Americas. During the upcoming elections, however, Mexicans will decide whether they want more of the same or a…

Natural gas futures were trading slightly lower through midday Friday as a sizable storage surplus continued to hang over the market, even as estimates suggest production volumes have pulled back. Here’s the latest: April Nymex contract off 2.1 cents to $1.662/MMBtu as of 2:14 p.m. ET Domestic production down day/day at 99.9 Bcf/d, LNG at…

Natural gas futures lost ground Thursday following the release of U.S. Energy Information Administration (EIA) storage data, which outlined a small injection into inventories for the week ended March 15. At A Glance: Futures shed 1.6 cents Storage up 7 Bcf Cash gains reversed April Nymex natural gas futures settled at $1.683/MMBtu, down 1.6 cents…

Natural gas utilities are growing renewable natural gas (RNG) programs to meet sustainability goals and customer interest. At the other end of the supply chain, producers are working to complete projects and boost supplies of the low-carbon fuel.  NGI reviewed the fourth quarter 2023 results for some of the top players in the RNG industry…

North American natural gas prices were subdued this week despite a boost from lower production and some lingering cold weather. On Thursday, the New York Mercantile Exchange contract for April settled at $1.683/MMBtu, down 1.6 cents on the day. As a comparison, NGI’s next-day Henry Hub traded Wednesday for Thursday delivery at $1.565, down a…

The U.S. Energy Information Administration (EIA) on Thursday reported a 7 Bcf injection into natural gas storage facilities for the week ended March 15, heaping additional pressure on natural gas futures. Ahead of the 10:30 a.m. ET storage print, April Nymex futures were trading down 2.1 cents day/day at $1.678/MMBtu. After the data was released,…