Markets

After initially probing higher, natural gas futures dipped through midday trading Wednesday. Shoulder-season conditions appeared to be offering few clear signals to push prices in either direction. Here’s the latest: May Nymex futures down 2.2 cents to $1.840/MMBtu as of 2:15 p.m. ET Longer-dated contracts were seeing larger declines. The natural gas market enters the…

Natural Gas Intelligence (NGI), a leading Price Reporting Agency (PRA) covering the North American natural gas market since 1981, has successfully completed its annual audit for 2023 pertaining to the processes and procedures for compiling NGI’s Daily, Weekly and Monthly (Bidweek) natural gas price indexes. NGI is proud to announce that no exceptions were found.…

Continuing on a path of spring renewal, natural gas futures added to recent gains at the front of the curve early Wednesday, with ongoing signs of production weakness still lending fundamental support. The May Nymex contract was up 1.7 cents to $1.879/MMBtu as of 8:41 a.m. ET. The front month dropped as low as $1.778…

Natural gas futures rallied again on Tuesday, gaining ground amid near-term weather demand and despite expectations for a festering supply glut through the spring shoulder season. At A Glance: Prompt month adds 2.5 cents Gas production remains lower Heating demand spreads east Following a 7.4-cent rally on Monday and gains late last week, the May…

Mexico’s natural gas demand will be driven by its power and industrial sectors through 2037, according to a report from Mexico’s energy ministry Sener. The report, Prospectiva de Gas Natural 2023-2037, is a planning instrument to help with “the design of the integral national strategy around natural gas,” Sener said. It would be part of…

With bulls aiming to send prices higher for a third straight session, natural gas futures were up modestly through midday trading Tuesday as weaker production volumes and stronger physical prices hinted at tightening market conditions.  Here’s the latest: May Nymex futures at $1.854/MMBtu as of 2:13 p.m. ET, up 1.7 cents The front month dipped…

Natural gas futures fell in early trading Tuesday, giving up a large chunk of the previous day’s gains as daily export demand levels faded in updated estimates. Coming off a 7.4-cent rally on Monday, the May Nymex contract was down 5.0 cents to $1.787/MMBtu as of 8:43 a.m. ET. A combination of colder forecast trends…

Natural gas futures forged ahead to kick off April trading, supported by drops in production readings and near-term weather data that showed a bump in heating demand. Coming off a 4.5-cent gain ahead of Good Friday last week, the May Nymex gas futures contract picked up another 7.4 cents on Monday and settled at $1.837/MMBtu.…

Amid a historic natural gas price downturn and uncertainty around the future of LNG exports, the Mexico market remains a relative bright spot for bulls. Pipeline flows of U.S. natural gas to Mexico have averaged 6.09 Bcf/d year-to-date through March 27, up 552 MMcf/d versus the same period last year, according to Wood Mackenzie data.…