Topic / Bidweek

Subscribe

Bidweek

April NatGas Bidweek Quotes Up From March’s Sharp Losses

April NatGas Bidweek Quotes Up From March’s Sharp Losses

Natural gas bidweek players were able to breathe something of a sigh of relief that the devastating experience of March Bidweek was not repeated for the month of April. March saw most points nationally losing about a half-dollar, or more and NGI March National Bidweek Average came in at a lean $1.60. NGI’s April National Bidweek Average rose 8 cents to $1.68 amid trading and deal-making characterized as more or less routine.

April 1, 2016
How Low Can NatGas Go? March National Bidweek Average at $1.60

How Low Can NatGas Go? March National Bidweek Average at $1.60

If February bidweek was disappointing, March bidweek was a disaster. February bidweek saw the NGI National Bidweek Average fall 23 cents to $2.23 and some points traded positive. No such luck for March. No points followed by NGI came anywhere close to being in the black and most points lost about a half-dollar, or more. The NGI March National Bidweek Average fell a gut-wrenching 63 cents from February 2016 to $1.60, which is also $1.50 below the March 2015 bidweek average.

March 1, 2016
February NatGas Bidweek Bears On Prowl as Quotes Fall Early, Often

February NatGas Bidweek Bears On Prowl as Quotes Fall Early, Often

February natural gas bidweek prices slumped as buyers were confronted with medium-term temperature forecasts calling for mild temperatures east of the Mississippi. As a result, NGI’s National Bidweek Average fell a stout 23 cents to $2.23, and only a handful of points in the Northeast, Rocky Mountains and West Texas made it to the plus column.

February 1, 2016
January NatGas BidWeek Bulls Enjoy Late Surge of December Cold

January NatGas BidWeek Bulls Enjoy Late Surge of December Cold

A late December push of winter cold into the eastern half of the United States was all it took to energize bidweek buyers and draw the market out of a mild-weather morass. The NGI January National Bidweek Average posted a stout double-digit gain of 19 cents to $2.46, and although a few individual market points in the Northeast, West Texas and the Rockies failed to participate in the advance, all regions of the country were able to record gains.

January 4, 2016
Traders Tiptoe Past Record NatGas Storage; December Bidweek Quotes Post Solid Gains

Traders Tiptoe Past Record NatGas Storage; December Bidweek Quotes Post Solid Gains

The release of record storage data during December bidweek proved no help to buyers anticipating softer bidweek pricing resulting from burdensome inventories. The NGI National Bidweek Average rose a stout 20 cents to $2.27 and all but a few market points recorded gains of a dime or more.

December 1, 2015

November Bidweek Quotes Slump, Yet Another Sub $2 Futures Test Not Seen

With the exception of a few constrained northeast points bidweek quotes had the trajectory of a safe falling from a ten story building. Declines were broad and pervasive across nearly every market point, and the NGI National Bidweek Average fell a stout 29 cents to $2.07.

November 2, 2015
Plump NatGas Supplies Pummel Bidweek Sellers, But Market ‘Bottom’ Questions Arise

Plump NatGas Supplies Pummel Bidweek Sellers, But Market ‘Bottom’ Questions Arise

The traditional producing states of Texas and Louisiana suffered the brunt of the decline in October bidweek pricing with declines of up to a dime. With the exception of the Northeast, nearly all regions of the country were off by upwards of a nickel, and NGI’s National Bidweek Average came in at $2.36, down 7 cents from September bidweek and a whopping $1.19 below October 2014 bidweek.

October 1, 2015
Widespread September Natural Gas Bidweek Slump Hits Producing Regions Hard

Widespread September Natural Gas Bidweek Slump Hits Producing Regions Hard

September natural gas bidweek trading at first glance shows widespread declines of about 15 to 20 cents from August bidweek levels, but on further examination, it appears that hefty gains at Northeast points were able to pull NGI’s SeptemberNational Bidweek Average up to a more respectable drop of just 13 cents to $2.43.

September 1, 2015
August Bidweek Prices Solid on Heat Despite Healthy Storage Volumes

August Bidweek Prices Solid on Heat Despite Healthy Storage Volumes

August natural gas bidweek prices moved up about a nickel nationally as traders enjoyed what might be the last month of “normal” business before September and October production is expected to pack industry storage facilities.

August 3, 2015
California Posts July Natural Gas Bidweek Gains Surrounded By Sea of Red

California Posts July Natural Gas Bidweek Gains Surrounded By Sea of Red

Ample natural gas inventories, strong production and an unimpressive temperature outlook teamed to put downward price pressure on most bidweek…

July 1, 2015