Natural gas futures fell again Monday, extending losses from the prior week as forecasts pointed to more mild weather and LNG volumes continued to prove turbulent. The November Nymex gas futures contract settled at $2.840/MMBtu, down 8.9 cents day/day. December fell 7.9 cents to $3.233. At A Glance: Mild temperatures ahead Production ticks lower NGI…
October
Articles from October
Natural Gas Futures Nudge Higher as Traders Zero In on Continued Heat; Cash Strong
Natural gas futures were higher on Monday after the weekend models showed hot weather returning to the Lower 48 following the Labor Day holiday. After soaring to a $2.695 intraday high, the September Nymex gas futures contract settled at $2.579/MMBtu, up 3.9 cents from Friday’s settlement. October futures edged up only eight-tenths of a cent…
August 28, 2023
Haynesville Continues to Pace Natural Gas Production Growth in Latest EIA Modeling
Driven by the Haynesville Shale and the Permian Basin, natural gas production from seven key Lower 48 plays is set to surge 554 MMcf/d from October to November to more than 95 Bcf/d, according to updated modeling from the Energy Information Administration (EIA). In its latest Drilling Productivity Report (DPR), published Monday, EIA said it…
October 17, 2022
U.S. Oil, Gas Permitting Still Rising, Pointing to Stronger Activity in 2019, Says Evercore
U.S. oil and gas drilling permits climbed 23% year/year in October and were up 39% from September, a strong sign that activity is likely to improve early next year, Evercore ISI said Thursday.
November 15, 2018
Cool Late October Seen; November Called 8 Cents Higher
November natural gas is expected to open 8 cents higher Monday morning at $3.00 as forecasters see a building Alaskan ridge and cooling temperatures in the Midwest and Midcontinent. Overnight oil markets were mixed.
October 23, 2017
Stout Storage Build On Tap; October Seen 2 Cents Lower
October natural gas is expected to open 2 cents lower Thursday morning at $3.07 ahead of government figures anticipated to show well above normal inventory additions. Overnight oil markets fell.
September 21, 2017
Bulls Get A Boost From Overnight Weather Models; October Called A Penny Higher
October natural gas is set to open a penny higher Wednesday morning at $3.13 as overnight weather models turned warmer. Overnight oil markets rose.
September 20, 2017
Big Seven Production to Climb Higher in October, Despite Harvey’s Impact, EIA Says
The Eagle Ford Shale will see small declines in oil and natural gas production in October compared to September, but total production out of the nation’s seven most prolific onshore unconventional plays will still continue to increase, according to data from the Energy Information Administration (EIA).
September 18, 2017
Expected Plump Storage Build Has Bears Energized; October Called A Penny Lower
October natural gas is expected to open a penny lower Thursday morning at $3.05 as traders anticipate the release of government storage data showing injections well above historical averages. Overnight oil markets were mixed.
September 14, 2017
Risk Managers Looking to Sell; October Called 4 Cents Higher
October natural gas is set to open 4 cents higher Monday morning at $2.93 as weather forecasts near term turn warmer. Overnight oil markets were mixed.
September 11, 2017
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