spot prices

Volatility Laces 2023 Natural Gas Price Outlook Amid Robust Production, Demand Uncertainty

Volatility Laces 2023 Natural Gas Price Outlook Amid Robust Production, Demand Uncertainty

U.S. natural gas prices are off to a rocky start in 2023, and analysts are braced for a choppy ride ahead amid expectations for strong production levels, infrastructure constraints and forecasts for relatively mild weather during the heart of winter. Limits on American exporters’ collective ability to meet global needs add another layer of uncertainty…

January 10, 2023
December Natural Gas Futures Prices Falter on Expiration; Cash Cascades

December Natural Gas Futures Prices Falter on Expiration; Cash Cascades

Natural gas futures on Monday floundered following forecasts for milder weather and estimates of strong production to start the week, continuing a slump as the December contract traded into expiration. At A Glance: Weather demand fades in outlook Analysts expect second storage pull Rail strike lurks for natural gas bulls After falling in Friday’s session,…

November 28, 2022
Weekly Natural Gas Prices Post Strong Gain Alongside Futures Rally

Weekly Natural Gas Prices Post Strong Gain Alongside Futures Rally

Weekly natural gas cash prices gained ground amid seasonally strong demand in the West and another anticipated round of frigid temperatures in the region during the week ahead. NGI’s Weekly Spot Gas National Avg. for the holiday-abbreviated Nov. 21-23 period gained 40.5 cents to $6.785. It marked the third consecutive weekly advance for cash markets.…

November 23, 2022
LNG Market Volatility Fueling Another Banner Year for Long-Term Contracts

LNG Market Volatility Fueling Another Banner Year for Long-Term Contracts

International liquefied natural gas (LNG) buyers could keep up the strong pace of new long-term contracts through the rest of the year as short-term volumes continue to grow more expensive, according to market analysts. Since the beginning of the year, buyers have secured over 22 million metric tons/year (mmty) of LNG by signing new deals.…

May 31, 2022
Natural Gas Futures Open Week Sharply Higher, but Fail to Maintain $6 Handle

Natural Gas Futures Open Week Sharply Higher, but Fail to Maintain $6 Handle

Natural gas futures traded above $6.000/MMBtu to start the week as global supply concerns continued to infiltrate the U.S. gas market. With domestic gas demand at a seasonal low, however, early gains were pared and the November Nymex gas futures contract settled at $5.766, still up a significant 14.7 cents from Friday’s close. Spot gas…

October 4, 2021
October Natural Gas Futures Skyrocket Ahead of Expiration, Reach New 2021 High

October Natural Gas Futures Skyrocket Ahead of Expiration, Reach New 2021 High

Natural gas futures sailed higher on Monday, rallying for a third straight session ahead of prompt month expiration and amid a potential global energy supply crunch. The October Nymex contract spiked 56.6 cents day/day and settled at $5.706/MMBtu. October rolls off the board as the prompt month at the close of trading Tuesday. November jumped…

September 27, 2021
October Natural Gas Futures Find Fresh Footing After EIA Print, Surge Close to $5.00

October Natural Gas Futures Find Fresh Footing After EIA Print, Surge Close to $5.00

Natural gas futures rebounded with vigor on Thursday, propelled by domestic and global supply challenges as the peak winter demand season looms. The October Nymex contract shot up 17.1 cents day/day and settled at $4.976/MMBtu. November jumped 18.8 cents to $5.043. At A Glance: Futures spike 17.1 cents EIA prints 76 Bcf storage injection Cash…

September 23, 2021
October Natural Gas Futures Drop a Third Straight Day on Fading Demand Forecasts

October Natural Gas Futures Drop a Third Straight Day on Fading Demand Forecasts

Natural gas futures faltered on Monday, extending to three days a losing streak that materialized alongside forecasts for cooler temperatures and moderating demand.     The October Nymex contract dropped 12.0 cents day/day and settled at $4.985/MMBtu. November fell 12.4 cents to $5.022. At A Glance: Futures fall amid autumn weather Forecasts call for mild conditions Global…

September 20, 2021
Supply Worries, Strong Cash Prices Boost October Natural Gas Futures to 2021 High

Supply Worries, Strong Cash Prices Boost October Natural Gas Futures to 2021 High

Natural gas futures on Tuesday extended the ferocious rally launched a day earlier, hitting a high point for the year, as traders fixated on supply/demand imbalance concerns and cash prices continued to escalate. The October Nymex contract gained 2.9 cents day/day and settled at $5.260/MMBtu. A day earlier, the prompt month soared nearly 30 cents.…

September 14, 2021
Natural Gas Futures, Already Above $5.00, Could Soar Further Amid ‘Extreme Tightness’

Natural Gas Futures, Already Above $5.00, Could Soar Further Amid ‘Extreme Tightness’

Following a hot summer that fueled robust domestic cooling needs and strong demand for U.S. exports of liquefied natural gas (LNG), Henry Hub prices surged and could climb even higher this winter if the season is exceptionally cold and supplies of gas in storage prove perilously low. This was a key theme to emerge during…

September 14, 2021
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