storage

Like roses on Valentine’s Day, natural gas futures opened the week in the red as weather models trended warmer with the forecast for the next week or so. With production near recent highs and storage surpluses set to grow in the coming weeks, the March Nymex gas futures contract settled Monday at $2.405/MMBtu, off 10.9…

The lack of available storage options for natural gas and fuels continues to challenge the Mexican energy industry, leaving the country vulnerable in the event of supply interruptions, such as aberrational weather or unforeseen outages, executives said last week. Speaking at the 8th Mexico Infrastructure Projects Forum in Monterrey, stakeholders  in Mexico’s government and private…

Value continued to erode in regional natural gas forwards markets during the Jan. 26-Feb. 1 trading period as forecasts showed this month was poised to carry over the same warm-dominated themes that have collapsed prices winter-to-date. March fixed prices at benchmark Henry Hub sank 44.7 cents to end the period at $2.473/MMBtu, and regional hubs…

Traders looked past the arrival of below-average temperatures this week and focused on strong production and expectations for mild mid-February weather, sending Natural gas futures lower on Monday. At A Glance: Weather front delivers cold shots February forecast tilts warmer Production continues to hold strong The March Nymex gas futures contract, in its first regular…

The potential for widespread frigid temperatures to start February failed to resuscitate natural gas prices for February baseload delivery, with ample production, plentiful storage and languishing exports weighing down markets, according to NGI’s Bidweek Alert (BWA). On the East Coast – where a well-documented history of volatility has taken a back seat to the West…

Natural gas futures forged ahead Monday, rebounding from a 7% drop the previous week, as forecasts for colder air late this month and early next galvanized bulls. News Monday that a key export facility was another step closer to reopening after a fire last year added to the momentum. At A Glance: Prompt month gains…

An unseasonably warm winter and ample LNG imports are dampening expectations for high volatility when European countries start restocking natural gas reserves this spring, but risk still abounds for a region facing a tight supply outlook for years to come. Headed into winter, the market faced the possibility of harsh weather and China’s return to…

Natural gas forward prices continued to plummet during the trading period from Dec. 29-Jan. 4, this time taking West Coast markets along for the ride lower, NGI’s Forward Look showed. After bucking the down trend that began in the final week of 2022, West Coast markets led the price declines across the Lower 48 even…

Natural gas forward prices continued to plummet during the trading period from Dec. 29-Jan. 4, this time taking West Coast markets along for the ride lower, NGI’s Forward Look showed. After bucking the down trend that began the final week of 2022, West Coast markets led the price declines across the Lower 48 even as…