Bidweek Alert

After a quiet start, Old Man Winter kicked in the door on the natural gas market and fueled massive gains for December baseload natural gas prices, according to NGI’s Bidweek Alert (BWA). Basis prices in the Northeast, particularly New England, were seen in the mid-teens as record-setting overnight temperatures and an eye-popping lake-effect snowstorm hit…

With hints of chillier weather arriving in the Lower 48 in November, along with an expected rise in LNG demand, baseload natural gas prices for November were trending higher, according to NGI’s Bidweek Alert (BWA). Northeast locations swung from a discount to a premium over benchmark Henry Hub prices as brief blasts of frigid air…

Emboldened by swelling production and declining domestic demand in the face of moderating weather, bears took a massive bite out of October natural gas baseload prices, according to NGI’s Bidweek Alert (BWA). Only one month removed from the $8/MMBtu handles seen for September baseload gas delivery, prices for October are trending sharply lower, BWA data…

Natural gas prices are set to remain strong for September baseload gas amid domestic supply concerns and surging global prices ahead of the peak winter season, NGI’s Bidweek Alert (BWA) data showed. The majority of U.S. locations escaped wild swings month/month, but the hikes to already elevated prices are noteworthy given moderating weather across much…

With unrelenting scorching temperatures permeating the Lower 48, natural gas prices for August baseload gas were trending sharply higher on the first two days of bidweek trading (July 25-26), NGI’s Bidweek Alert data showed. Notably, gas prices at the majority of U.S. locations moved back above $8.00/MMBtu for August delivery, after having slumped below $6.00…

In a huge reversal from last month, natural gas prices for July baseload are trending sharply lower amid weaker liquefied natural gas (LNG) demand stemming from an explosion at the Freeport export terminal. Forecasts for less extreme heat than what has been seen so far this month also were weighing on July prices, according to…

Some Daily Datafeed, Mexico Daily Datafeed and Shale Daily data customers that access data via API and/or FTP may have been unable to retrieve data for publication date Monday, June 6 because of an internal processing error. Our IT team has solved the problem, and you should now be able to access those data as normal.

Escalating supply concerns ahead of the summer – forecast to be hotter than usual – appear to be driving huge increases for June baseload natural gas prices, according to NGI’s Bidweek Alert (BWA). After late-season blasts of wintry air hampered production in April, producers are struggling to grow output beyond the recent low to mid-90…

To provide better conformity between our data series and as part of planned maintenance, NGI will change the names of six (6) locations in our Forward Look natural gas data service. The planned name changes are listed below.  For those referencing our price locations by way of the pointcode field (available via JSON format only), there should be no impact. However, for those using the XLS datafeed via API/FTP, there may be some changes necessary to reference the locations by their new names.