Weekly

Weekly cash natural gas prices fell as scattered cold weather failed to generate enough widespread heating demand, while weather forecasts that added more heating degree days (HDD) toward the official start to winter lifted futures late in the week ending Dec. 8.  NGI’s Weekly Spot Gas National Avg. for the Dec. 11-15 period fell 42.0…

Natural gas cash prices spiked early in the past week amid a blast of frigid air. But milder temperatures settled in during the weekly trading period and strong production pushed the physical market into negative territory. NGI’s Weekly Spot Gas National Avg. for the Nov. 30-Dec. 1 period shed 10.5 cents to $2.745. Conditions during…

Weekly natural gas cash prices powered upward, supporting the futures market in the process, amid bouts of chilly air and production interruptions in the prolific Permian Basin. NGI’s Weekly Spot Gas National Avg. for the Oct. 2-6 period jumped 25.5 cents to $2.405/MMBtu. At the close of the cash market trading week, big gainers included…

Weekly natural gas cash prices lost ground amid increasingly benign temperatures and weak cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Sept. 18-22 period shed 23.0 cents to $2.180/MMBtu. Conditions during the week shifted in bears’ favor, with comfortable temperatures across much of the North and forecasts…

Weekly cash prices gave up ground amid a reprieve from summer heat in the West and cooler air ushered in by Hurricane Idalia. NGI’s Weekly Spot Gas National Avg. for the Aug. 31-Sept. 1 period slipped 1.0 cent to $2.290. Conditions during the period were impacted by fallout from Idalia’s brief but powerful impact on…

Weekly natural gas cash prices rallied for a third straight time, propelled by record heat and surging cooling demand. NGI’s Weekly Spot Gas National Avg. for the July 24-28 period jumped 26.5 cents to $2.885, despite a late week selloff following a force majeure in West Texas and ahead of an expected reprieve from toasty…

Weekly natural gas cash prices dropped amid mild temperatures and weakening demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the May 1-5 period fell 30.0 cents to $1.865/MMBtu. Conditions during the week largely favored bears. Production held around 100 Bcf/d most days – well above year-earlier levels and within…

Weekly cash prices gave up ground despite modest production and robust cooling demand across much of the Lower 48 that fueled several daily gains. NGI’s Weekly Spot Gas National Avg. for the June 13-17 period declined 94.5 cents to $7.565, dragged lower by an outsized loss on Tuesday tied to broader natural gas market sentiment…

Weekly cash prices rebounded from the nosedive of a week earlier, lifted by a round of winter weather in the Northern Plains that gradually pushed eastward and galvanized heating demand over swaths of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Nov. 9-13 period climbed 12.5 cents to $2.510. The week before,…