Spot

Natural gas futures extended their gains on Monday as weather models continued to show cold over much of the Lower 48 for early to mid-March and Freeport LNG stayed on its path toward full operations. With some nascent technical momentum also in play, the newly prompt April Nymex natural gas contract settled at $2.731/MMBtu, up…

Natural gas futures found fresh footing on Monday, as traders mulled an updated relaunch timeline for a major export facility, railroad union members considered a strike, and forecasts pointed to another round of wintry weather in early December. At A Glance: LNG facility aims for December return Demand could intensify next month Analysts expect large…

Natural gas prices in Europe and Asia have leveled off amid warmer weather and strong storage stocks in both regions.  In Europe, where inventories are at 94% of capacity, temperatures are expected to remain mild next week, according to Maxar’s Weather Desk.  Above normal temperatures are expected in big gas consuming regions like France, Germany…

The world again saw an increase of natural gas buying at prices tied to dominant hubs and indices last year as the number of purchases linked to competing fuels like crude oil declined in an ongoing shift influenced by a sharp spike in liquefied natural gas (LNG) spot trading, according to the International Gas Union…

Affiliates of Enterprise Products Partners LP and Enbridge Inc. said Monday they have a letter of intent to jointly develop a deepwater oil terminal in the Gulf of Mexico capable of fully loading very large crude carriers (VLCC).

Natural gas futures climbed Tuesday as storage concerns and warmer forecast trends for August helped prices bounce off support. In the spot market, one day after posting its highest average in at least a decade on a combination of sweltering temperatures and infrastructure constraints, SoCal Citygate pulled back to post a slightly less astronomical premium; the NGI National Spot Gas Average fell 29 cents to $2.93.

Natural gas futures traded near even Wednesday as the market opted to stay put ahead of the release of government storage data expected to show a ramp up in injections. Shoulder season weather continued to limit spot market action across most regions, though prices fell in constrained West Texas and across much of the West; the NGI National Spot Gas Average fell 3 cents to $2.32.

The tide of factors that lifted prices for spot liquefied natural gas (LNG) last year is rolling out, and analysts at Bank of America Merrill Lynch (BofAML) say they are “bearish” on LNG prices relative to crude oil.

Growing domestic consumption of natural gas and increasing exports, both via pipelines to Mexico and liquefied natural gas to other markets, will help to boost prices next year higher than previously forecast, according to the Energy Information Administration (EIA).