Volatility

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. NGI’s Jacob Dick, associate editor of LNG, talks with Ira Joseph, global fellow with Columbia University’s Center on Global Energy Policy, about the global LNG price risks that are still abound despite a relatively calm winter. Europe’s rush to replace Russian…

A unit of Germany’s Uniper SE has secured a supply agreement for LNG made with renewable natural gas (RNG) for its heavy vehicle fueling network, calling imports of the super-chilled fuel “no longer competitive” for decarbonizing the transportation industry. German firm Revis Bioenergy GmbH plans to begin supplying Uniper’s Liqvis GmbH later this year with…

Mexico’s industrial natural gas consumers are adopting more sophisticated procurement strategies and seeking to lock in relatively cheap U.S. prices for as long as possible,  according to BP plc’s Pedro Elio, head of origination for BP’s Mexico gas marketing business. Elio spoke Wednesday at LDC Forums’ US-Mexico Natural Gas Forum in San Antonio, TX. BP…

Traders struggled to put a fair price on natural gas futures Wednesday amid conflicting signals in the United States and overseas. After plunging to a $5.350/MMBtu intraday low, however, a cooler turn in the latest weather models lifted the November Nymex gas futures contract, which settled 8.5 cents higher day/day to $5.590. December climbed 9.0…

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…

Future Gulf Coast natural gas export development may become “risky” if Permian Basin associated gas production doesn’t recover, IHS Markit executive director Sam Andrus said in San Antonio this week. Speaking at the LDC Natural Gas Forum, Andrus said production economics are crucial, given the lack of capital available. After oil prices plunged to historic…

With an eye toward winter weather, natural gas price volatility is likely to return in 2017, given the prospect for potential capacity constraints and ever-larger exports to Mexico to support gas-fired generation, according to ConocoPhillips’ Jim Duncan, who directs commodity market research.

The natural gas market is starting to feel downright bullish, if only because some of the bearish factors weighing down prices the last few years are starting to normalize, according to Macquarie Capital (USA) Global Oil & Gas Strategist Vikas Dwivedi.

Low oil prices could bolster a dry gas strategy, keeping liquids prices low and cutting into associated gas production, just as a raft of new petrochemical, methanol and other manufacturing projects that would increase gas demand are nearing operation.