Natural gas for delivery Friday retreated from gains made earlier in the week as firm pricing in the Midwest, Midcontinent, Texas, and Louisiana was crushed by a weak next-day power market in the Northeast and Marcellus-focused issues in Appalachia. The NGI National Spot Gas Average came in 3 cents lower at $2.92.
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Articles from Markets
No Change in The Weather; No Change in August NatGas Futures
August natural gas is set to open unchanged Wednesday morning at $3.08 as overnight near-term weather data changed little. Oil markets firmed.
July 19, 2017
Mexico Looks to Sort NatGas Pipeline, Storage Infrastructure Shortage in Nascent Free Market
As Mexico’s natural gas imports from the United States grow, pent-up demand remains in parts of the country that lack the necessary pipelines, according to Marcelino Madrigal a commissioner at Mexico’s Energy Regulatory Commission (CRE).
July 19, 2017
More Fractures = More Water as Select, Rockwater Merge to Boost U.S. Market Share
Texas-based operators Select Energy Services Inc. and Rockwater Energy Solutions Inc. have joined the parade of oilfield services (OFS) operators merging to build market share, agreeing to a stock-for-stock merger to create one of the biggest water solutions providers in the U.S. onshore oil and gas industry.
July 19, 2017
Stout Northeast Gains Lift NatGas Cash; August Futures Sag 2 Cents
Natural gas for delivery Thursday was mixed in Wednesday trading as outage-induced gains in the Northeast, along with firm pricing in the Midcontinent and Midwest, were able to counter weakness in the Rockies, Appalachia and West Texas.
July 19, 2017
Warmest Period of The Summer Forthcoming; August Called 6 Cents Higher
August natural gas is set to open 6 cents higher Tuesday morning at $3.08 as the warmest temperatures of the season are expected to roll through the market. Overnight oil markets rose.
July 18, 2017
Nova Scotia, New Brunswick Craving U.S. NatGas After Banning Unconventional Drilling
Canada’s Atlantic provinces are sliding into dependence on imports after banning horizontal drilling and hydraulic fracturing (fracking) to tap their natural gas deposits, said an industry- and government-supported agency.
July 18, 2017
NatGas Cash, Futures Join Hands, March Higher; August Gains 7 Cents
Physical natural gas for Wednesday delivery ratcheted higher in Tuesday’s trading as traders braced for the warmest temperatures of the summer so far. Healthy gains in the Northeast, Texas, Louisiana and the Midcontinent were easily able to offset weakness in California and the Marcellus, and the NGI National Spot Gas Average added a dime to $2.93.
July 18, 2017
Exuberant NatGas Cash Tugs Futures Higher; August Adds 4 Cents
Physical natural gas for Tuesday delivery vaulted higher Monday as forecasts called for hefty gains in energy demand and next-day power prices rose.
July 17, 2017
Forecast Warmth Continues in Play; August Called 3 Cents Higher
August natural gas is expected to open 3 cents higher Monday morning at $3.01 as forecasts of moderate warmth prove capable of keeping the bulls’ hopes alive. Overnight oil markets were narrowly mixed.
July 17, 2017
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