U.S. dry natural gas production in September continued a stretch of record breakers, reaching 2.29 Tcf (76.3 Bcf/d), the highest of any September since the Energy Information Administration (EIA) began reporting such production data in 1973, the agency said.
September
Articles from September
Texas Upstream Job Losses Exceeding Earlier Estimates
Every component of the Texas Petro Index (TPI) was down again in September — except for crude oil and natural gas production volumes. And the economist who compiles the TPI warned that industry job losses could be even greater than his previous estimates.
Algonquin Citygate Forward Price Bullish in a Sea of Bearish Natural Gas Market Fundamentals
Amongst milder weather and the comfortable lethargy of August trading, the forward market as measured by NGI’s Forward Lookmoved up just less than three cents on average since the close of trading on Aug. 21. For traders at many index locations, the price of September gas seems to have already been worked out with the start of the month less than a week away. However, there is one exception.
Lean Storage Build In Market, Analyst Says; September Called A Nickel Higher
September natural gas is seen opening 5 cents higher Tuesday morning at $2.80 as overnight weather forecasts continue a warming trend from late Monday. Overnight oil markets rose.
September Looking to Expire Firm; 4-Cent Higher Open Seen
The expiring September natural gas contract is expected to open 4 cents higher Wednesday morning at $3.95 as traders absorb forecasts of ongoing warm temperatures into their plans. Overnight oil markets rose.
Weather Seen Moderating Further; September Called 3 Cents Lower
September natural gas is set to open 3 cents lower Monday morning at $3.75 as traders survey a weather landscape that is expected to feature the winding down of summer and minimal incursions of market-altering heat. Overnight oil markets tumbled.
Weather Outlook Little Help for Bulls, Yet September Called 3 Cents Higher
September natural gas is set to open 3 cents higher Monday morning at $3.83 as traders mull whether the market is putting in a traditional seasonal low or about to resume its trend lower. Overnight oil markets fell.
Hefty Storage Build Expected, But September Called 3 Cents Higher
September natural gas is expected to open 3 cents higher Thursday morning at $3.82 as traders prepare for the release of often market-moving storage data. Overnight oil markets fell.
Analyst Sees Market Down 15 Cents, Yet Expiring August Called a Penny Higher
The expiring August natural gas contract is set to open a penny higher Tuesday morning at $3.76 as traders square positions ahead of contract expiration yet still see plump storage builds containing any price rallies. Overnight oil markets were mixed.
Physical Gas Strength Widespread; Expiring September Jumps Late
Natural gas deliveries for Thursday added 4 cents on average nationally in Wednesday’s trading, with ongoing warm temperatures in the Midwest keeping buyers busy and next-day deliveries up by a nickel or more.