TTF

European natural gas prices again charged higher on Monday, setting new records amid freezing temperatures forecast this week and the prospect of limited supplies as the winter unfolds.  The Dutch Title Transfer Facility (TTF), a European gas benchmark, maintained a rare premium to the Japan-Korea Marker (JKM) in Asia. Both the January and February TTF…

Natural gas prices in Europe and Asia soared Monday as supply concerns deepened and the regions are seen competing for liquefied natural gas (LNG) cargoes beyond the winter. British and Dutch front-month futures gained nearly $3 each to finish above $38/MMBtu, hitting levels not seen in months. Asian spot prices, meanwhile, gained almost $2 to…

Natural gas futures were hovering close to even early Wednesday ahead of the release of fresh government inventory data expected to show the season’s first storage withdrawal. The December Nymex contract was up 3.7 cents to $5.004/MMBtu at around 8:50 a.m. ET. NGI’s machine learning model is calling for a 26 Bcf withdrawal from Lower…

Tellurian Inc. is in no hurry to sell all of the 27 million metric tons/year (mmty) of liquefied natural gas (LNG) capacity from the proposed Driftwood export project in Louisiana even though there’s an opportunity to do so, according to CEO Octávio Simões. The company has agreed to supply 9 mmty of LNG from the…

Natural gas futures extended their recent losses in early trading Tuesday as the latest forecasts did little to change a mixed overall temperature outlook for the next two weeks. Coming off an 8.9-cent decline in the previous session, the December Nymex contract was down another 18.8 cents to $5.239/MMBtu at around 8:50 a.m. ET. Overnight…

European natural gas prices jumped on Monday after flows reversed on a key pipeline that moves Russian supplies to the continent.  Monday’s price action was the latest to demonstrate how mixed signals from Russia have the European market seesawing. The Dutch Title Transfer Facility and National Balancing Point benchmarks dropped sharply last week, falling from…

As weather models continued to imply a potentially mild mid-November, natural gas futures lost ground in early trading Friday. Coming off a 41.6-cent sell-off in the previous session, the December Nymex contract was down another 15.5 cents to $5.627/MMBtu at around 8:45 a.m. ET. The latest model runs early Friday advertised little net change in…

European natural gas prices jumped Monday after Russia booked little additional pipeline capacity to move more supplies to the continent next month. Gazprom PJSC booked no additional capacity for November through Ukraine during an auction Monday. The company took only about 35% of the available capacity via Belarus and Poland next month. The auction’s results…

As traders weighed a bearish weather outlook domestically against new developments on the overseas supply crunch, natural gas futures fell sharply in early trading Monday. The November Nymex contract was down 24.0 cents to $5.170/MMBtu at around 8:45 a.m. ET. The major weather models experienced some volatility over the weekend, according to Bespoke Weather Services.…