spot prices

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…

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.…

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…

Natural gas futures surged on Monday as a new tropical storm threatened to further shake the Gulf of Mexico’s (GOM) production foundation, a development that could hamper supply/demand balances at a time when gas in storage for winter is already light. The October Nymex contract cruised 29.3 cents higher day/day and settled at $5.231/MMBtu. November…

Natural gas futures on Thursday reached a 2021 high for a third straight session, bolstered by still weak production levels following Hurricane Ida and fresh government inventory data that punctuated worries about anemic storage supplies. At A Glance: Futures extend rally to three days EIA storage print proves bullish Production low in Ida’s wake The…

Fitch Ratings Inc. has substantially raised its Henry Hub and European natural gas price assumptions through 2022, citing “strong year-to-date prices, recovering demand and supply challenges.” “U.S. gas prices have…benefited from heightened weather-driven demand, as well as U.S. dry and associated gas production discipline,” the credit ratings analysts said, adding that liquefied natural gas (LNG)…

Natural gas futures jumped higher Wednesday, building on the prior day’s gains, as traders absorbed news of the production disruption imposed by Hurricane Ida and fixated on the specter of inadequate inventories ahead of winter. At A Glance: Futures hit fresh 2021 high Production remained precarious Storage concerns festered The October Nymex contract surged 23.8…

Though still early for a full assessment of former Hurricane Ida, natural gas futures traders on Monday focused squarely on the destruction of natural gas demand brought about by the catastrophic Category 4 storm. The October Nymex gas futures contract, on its first day in the prompt position, settled at $4.305, off 8.3 cents from…

This winter is shaping up to be one of the tightest in years for the global natural gas market as strong demand has continued throughout the year and left inventories woefully short.  Liquefied natural gas (LNG) supply disruptions in Angola, Brunei, Nigeria and Trinidad and Tobago, to name a few, have also led to incremental…