Markets

Strong growth in domestic natural gas production is expected to keep downward pressure on prices in 2019, according to the Energy Information Administration (EIA), which has lowered its forecast for Henry Hub prices.

Piped U.S. natural gas exports to Mexico should remain an important part of energy trade, despite rhetoric from President Trump and his Mexican counterpart Andrés Manuel López Obrador that threaten the relationship, according to two experts on the subject.

After a brief dip into negative territory, natural gas futures posted another gain Tuesday as the American weather model turned more aggressive, with cold returning to the East later this month. With already strong demand on tap beginning this week and lasting through next week, the Nymex March gas futures contract settled 4.6 cents higher at $2.688. April was up 4.6 cents to $2.705.

After a brief dip into negative territory, natural gas futures posted another gain Tuesday as the American weather model turned more aggressive, with cold returning to the East later this month. With already strong demand on tap beginning this week and lasting through next week, the Nymex March gas futures contract settled 4.6 cents higher at $2.688. April was up 4.6 cents to $2.705.

Natural gas futures rallied to start the week as weather guidance trended colder with a weather system expected to hit the United States this weekend and others that would potentially last into March. The Nymex March gas futures contract climbed 5.9 cents to settle Monday at $2.642, while April jumped 5.5 cents to $2.659.

Natural gas futures rallied to start the week as weather guidance trended colder with a weather system expected to hit the United States this weekend and others that would potentially last into March. The Nymex March gas futures contract climbed 5.9 cents to settle Monday at $2.642, while April jumped 5.5 cents to $2.659.

Natural gas futures were set to open sharply higher Monday after weather models trended notably colder, with weather systems forecast to arrive in the United States beginning this weekend and that could last into March.

The global liquefied natural gas (LNG) market is on track to flip from oversupplied through 2022 to “materially undersupplied” by 2024, boding well for U.S.-based projects seeking to reach a final investment decision (FID) later this year, according to analysts with Raymond James & Associates Inc.

Mexican state power utility Comisión Federal de Electricidad (CFE) will seek to renegotiate the take-or-pay clauses of contracts that it holds with natural gas pipeline developers, CEO Manuel Bartlett said Monday.