TTF

Global natural gas prices were climbing again on Monday, picking up from gains last Friday as hotter weather and supply issues have the market heading higher as the week gets underway. Prices rebounded in Europe late last week after the European Commission unveiled a climate package aimed at cutting emissions and boosting renewables that had…

Global natural gas prices have turned volatile after a stretch of gains as traders watch variables in key markets from the United States to Asia.  In the United States, the Henry Hub prompt contract finally retreated early last week after a nine-day winning streak. However, it spiked again by nearly 10 cents last Thursday (July…

U.S. natural gas prices finally retreated Tuesday after the longest stretch of gains in two decades, but warmer forecasts and a tight global market are seen keeping the outlook bullish. Unrelenting heat from the East to West Coasts, coupled with increasingly strong international demand for liquefied natural gas (LNG), helped the Henry Hub front month…

A roundup of news and commentary from NGI’s LNG Insight A global commodity rally continued Thursday. Dutch gas futures soared to an all-time record by jumping above $12/MMBtu, while spot LNG prices in North Asia were assessed near $14. In the United States, the Henry Hub prompt contract increased by 1 cent to close at…

A roundup of news and commentary from NGI’s LNG Insight U.S. natural gas futures increased for a seventh day Tuesday, the longest stretch of gains in years amid oppressive heat and rolling blackouts in the Pacific Northwest. The August contract gained two cents to finish at $3.650.   When gas hits the upper $3/MMBtu range, the…

A roundup of news and commentary from NGI’s LNG Insight Global gas benchmarks recorded another day of gains Friday. Europe’s Title Transfer Facility again grabbed headlines. The front-month contract climbed for a seventh straight day, continuing its push above $11/MMBtu. Tudor, Pickering, Holt & Co. (TPH) said European storage built by 79 Bcf this week,…

Hot weather and limited supplies helped drive European natural gas prices to a 12-year high late last week in a rally that continued Monday. The prompt Title Transfer Facility (TTF) contract closed Friday at $10.237/MMBtu and finished higher on Monday at a level not seen since 2008. European gas prices have been strong since the…

Intercontinental Exchange Inc. (ICE) is extending the forward curve for Dutch Title Transfer Facility (TTF) natural gas futures by more than 18 months following record levels of interest and strong trading activity. The TTF Gas Futures curve currently goes out to May 2029, with open interest to December 2028. ICE said Wednesday the forward curve…

European natural gas prices rebounded Monday after falling from multi-year highs late last week, as low storage inventories and strong demand in Asia continue supporting prices on the continent. The prompt Title Transfer Facility (TTF), Europe’s leading gas benchmark, hit a multi-year high of $10.241/MMBtu Thursday before falling to finish the week Friday at $9.883.…