Natural

Mexico’s Cenagas, operator of the national pipeline system known as the Sistrangas, has announced winners in the biggest open season under the administration of Andrés Manuel López Obrador. The state-run operator offered capacity to 19 end-users, distributors and shippers on the pipeline system, with almost all bidders receiving their requested amounts of uninterruptible capacity. This…

Natural gas cash prices spiked early in the past week amid a blast of frigid air. But milder temperatures settled in during the weekly trading period and strong production pushed the physical market into negative territory. NGI’s Weekly Spot Gas National Avg. for the Nov. 30-Dec. 1 period shed 10.5 cents to $2.745. Conditions during…

After a bull run last week, North American natural gas futures floundered this week. The November New York Mercantile Exchange gas futures contract on Thursday sank for the seventh straight session to settle at $2.957/MMBtu, down 9.9 cents day/day. Mild weather and ample U.S. natural gas supplies helped spur the downward pressure. Mexico imports from…

North American natural gas futures have enjoyed a positive week, with October rolling off the board on Wednesday at $2.674/MMBtu after four consecutive days of gains. On Thursday, the New York Mercantile Exchange gas futures contract for November on its first day as prompt month settled at $2.942, up 4.3 cents. Healthy LNG demand at…

Natural gas futures clawed out a slim gain on Thursday after a government inventory report exceeded expectations and left supplies in storage at a hefty surplus to historic averages. Following a 10.5-cent rally in the prior session, the July Nymex gas futures contract on Thursday added a 1.1-cent day/day gain and settled at $2.608/MMBtu. August…

Natural gas futures fizzled on Monday, giving up ground as forecasts pointed to mild May weather and as production held at stout levels. The June Nymex gas futures contract settled at $2.318/MMBtu, down 9.2 cents day/day. The prompt month had gained 5.5 cents on Friday. The July contract on Monday shed 8.0 cents to $2.498.…

Natural gas futures climbed for a third day, with seasonal buying, growing confidence in a chillier late-April and softer production all in play. The May Nymex gas futures contract settled Tuesday at $2.366/MMBtu, up 9.1 cents on the day. June futures rose 7.3 cents to $2.517. Spot gas prices shifted in both directions as production…

North American natural gas futures continued to limp along and were barely above $2.00/MMBtu on Thursday with warm weather keeping demand in check. The May New York Mercantile exchange gas futures contract shed 14.4 cents day/day on Thursday and settled at $2.011. June lost 14.3 cents to $2.238. There are potentially some signs that favor…

North American natural gas futures ended a two-day losing streak on Thursday. The April New York Mercantile Exchange natural gas futures contract gained 7.5 cents day/day and settled at $2.514/MMBtu. May advanced 8.0 cents on the day to $2.626. NatGasWeather analysts said, “It’s been difficult to pinpoint the primary drivers of prices this week with…