Bidweek

Natural gas prices spiked in August bidweek trading as markets absorbed the impacts of stifling heat across most of the Lower 48, and traders took note of forecasts for robust cooling demand to continue in the month ahead. Choppy production levels, along with steady demand for American exports of LNG, added further fuel for the…

Despite a sweltering summer temperature outlook, most Lower 48 hubs offloaded more than $2 month/month in July natural gas bidweek trading after an explosion at a major U.S. export terminal re-wrote the script on injection season balances. NGI’s Bidweek National Avg. plummeted $2.335 to $6.300/MMBtu for July. That marks a huge increase over the year-earlier…

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.

Natural gas prices surged in June bidweek trading as markets absorbed the demand impacts of early summer heat and elevated calls for U.S. exports in concert with modest spring production. NGI’s June Bidweek National Avg., traded between May 24 and 26, climbed $1.860 month/month to $8.635/MMBtu. This more than tripled the $2.825 average recorded for…

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.

With impressive heat starting to build in the South and supply concerns simmering now in the second month of the traditional injection season, May natural gas bidweek prices shot up nearly $2.00 month/month. NGI’s May Bidweek National Avg. jumped $1.875 to $6.775/MMBtu. The May 2022 bidweek average was substantially higher than last year, when May…

Natural gas prices advanced in April bidweek trading as markets absorbed the demand impacts of Russia’s war in Ukraine, most notably heightened calls for U.S. exports of liquefied natural gas (LNG). A cold front ushered frosty low temperatures into swaths of the central and eastern United States during the period, as well, bolstering physical gas…

Spring appears to have sprung in the U.S. natural gas market, with an extensive sell-off in March bidweek prices as heating loads are set to decline and production expected to recover with the arrival of warmer weather in the Lower 48. Led by the Northeast – which recorded losses of nearly $12 month/month – NGI’s…

Natural gas prices jumped in February bidweek trading as cold winter blasts permeated the nation’s midsection and much of the East, fueling heating demand and threatening production cuts. Anticipation of a massive snowstorm walloping the East Coast over the final weekend of January – the storm did indeed deliver – furthered the momentum. NGI’s February…