LNG

Natural gas futures extended their losses in early trading Tuesday, with prices skidding double digits amid a bearish outlook for October fundamentals. After stumbling 22.0 cents in the previous session, the November Nymex contract was down another 13.7 cents to $5.208/MMBtu at around 8:45 a.m. ET. The European and American weather models both lost degree…

After testing some upside in overnight trading, natural gas futures reversed course once Monday’s trading session got underway. The initial rise in prices was attributed to cooler-trending weather models, which ultimately did little to alter the overall warm theme seen this fall. The November Nymex gas futures contract slid 22.0 cents to $5.345. December fell…

The global natural gas squeeze has been festering, but U.S. cargoes to overseas markets are unlikely to save the day as winter draws near, according to a group of industry experts. In a series of webinars hosted last week by Raymond James & Associates Inc., executives offered their views on the risks facing the gas…

Cheniere Energy Inc. has agreed to supply liquefied natural gas (LNG) to Chinese utility ENN Natural Gas Co. Ltd. for 13 years beginning in July 2022.  Under the sales and purchase agreement (SPA), subsidiary ENN LNG Pte Ltd. would purchase 900,000 metric tons annually on a free-on-board basis. ENN would pay prices indexed to Henry…

European natural gas stockpiles could be completely drained over the next few months, leaving the continent wholly dependent on Russian pipeline imports if this winter turns out to be unseasonably cold in both Europe and Asia, according to an analysis from Wood Mackenzie. Colder winter weather across the globe could raise European heating demand to…

Volatile natural gas futures probed both sides of even in after hours trading ahead of Monday’s session as the market weighed cooler weekend weather trends against easing domestic storage adequacy concerns. After earlier rallying to as high as $5.799/MMBtu, the November Nymex contract was down 13.5 cents to $5.430 at around 8:50 a.m. ET. Liquefied…

After another week of turbulent swings in the natural gas market, bulls and bears appeared ready to take a breather on Friday. November Nymex gas futures still gyrated in a more than 30-cent range, but were poised to settle nearly flat on the day before a late-session sell-off ended with the contract off 11.2 cents…

A jittery natural gas market bracing for a winter of extreme pricing turned in a week of volatile trading for the Sept. 30-Oct. 6 time frame, but forward prices trended lower overall as mild weather and rising stockpiles soothed nerves over the domestic supply situation. Forward prices at most trading locations took their cues from…

A jittery natural gas market bracing for a winter of extreme pricing turned in a week of volatile trading for the Sept. 30-Oct. 6 time frame, but forward prices trended lower overall as mild weather and rising stockpiles soothed nerves over the domestic supply situation. Forward prices at most trading locations took their cues from…