Natural Gas Prices

Natural Gas Futures Fall Back Amid Bearish Weather Forecasts

Natural Gas Futures Fall Back Amid Bearish Weather Forecasts

Comfortable temperatures are expected across the Lower 48 It could take three weeks for summer cooling demand to kick in Analysts anticipate substantial storage increases in May Natural gas futures gave up ground on Monday as traders mulled waning weather-driven demand and the potential implications of a cybersecurity attack on the largest fuel pipeline in…

May 11, 2021
U.S. Natural Gas Exports Grew 13% in 2020 Despite Pandemic, Says DOE

U.S. Natural Gas Exports Grew 13% in 2020 Despite Pandemic, Says DOE

U.S. natural gas exports via pipeline and liquefied natural gas (LNG) rose 13.4% year/year in 2020 despite the pandemic, although that was down from the previous annual increase of 29%, according to the latest trade scorecard of the U.S. Department of Energy (DOE). Total 2020 U.S. gas exports to Canada, Mexico and overseas LNG markets…

May 11, 2021
Forecasts Seen Needing More Heat to Impress as Natural Gas Futures Dip Early

Forecasts Seen Needing More Heat to Impress as Natural Gas Futures Dip Early

With the natural gas market still waiting for more impressive cooling demand to show up in forecasts, futures probed lower in early trading Tuesday. The June Nymex contract was down 3.7 cents to $2.895/MMBtu at around 8:50 a.m. ET. Technical support around $2.900 held for the June contract in Monday’s trading, but this support level…

May 11, 2021
June Natural Gas Stumbles as Forecasts Point to Lighter Demand, Cyberattack Unsettles Markets

June Natural Gas Stumbles as Forecasts Point to Lighter Demand, Cyberattack Unsettles Markets

Natural gas futures gave up ground on Monday as traders mulled waning weather-driven demand and the potential implications of a cybersecurity attack on the largest fuel pipeline in the United States.    The June Nymex contract dropped 2.6 cents day/day and settled at $2.932/MMBtu. July fell 2.6 to $2.978. NGI’s Spot Gas National Avg. advanced 5.5…

May 10, 2021
June Natural Gas Futures Finish Strong as Exports Drive Momentum

June Natural Gas Futures Finish Strong as Exports Drive Momentum

Liquefied natural gas levels topped 11.6 Bcf Production held steady around 90 Bcf Cash declined, led lower by hubs in the West Natural gas futures rebounded on Friday, as traders absorbed a favorable storage report, continued robust export activity and the specter of stronger cooling demand on the near-term horizon. The June Nymex contract gained…

May 10, 2021
Weather Models Trend Milder Over Weekend as Natural Gas Futures Slide Early

Weather Models Trend Milder Over Weekend as Natural Gas Futures Slide Early

Natural gas futures retreated in early trading Monday as forecasts over the weekend advertised milder conditions that would limit early season cooling demand. The June Nymex contract was down 2.3 cents to $2.935/MMBtu at around 8:45 a.m. ET. Changes in the weather data over the weekend pointed to lower overall demand for the next 15…

May 10, 2021
Weekly Natural Gas Prices Post Modest Gain, Lifted by Early Surge

Weekly Natural Gas Prices Post Modest Gain, Lifted by Early Surge

Weekly natural gas cash prices gained ground amid seasonally cool temperatures and corresponding heating needs in the Midwest and Northeast. Spot prices jumped early, climbing 14.0 cents on Monday and laying a strong foundation for the week ahead. Though prices lost momentum as the week wore on, NGI’s Weekly Spot Gas National Avg. for the…

May 7, 2021
With LNG Strength and Summer Demand Approaching, June Natural Gas Futures Bounce Back

With LNG Strength and Summer Demand Approaching, June Natural Gas Futures Bounce Back

Natural gas futures rebounded on Friday, as traders absorbed a favorable storage report, continued robust export activity and the specter of stronger cooling demand on the near-term horizon. The June Nymex contract gained 3.0 cents day/day and settled at $2.958/MMBtu. July rose 3.0 cents to $3.004. NGI’s Spot Gas National Avg. shed 1.5 cents to…

May 7, 2021
COLUMN: Private Sector Also Needs to Foster Competition in Mexico Natural Gas Market

COLUMN: Private Sector Also Needs to Foster Competition in Mexico Natural Gas Market

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. Prud’homme was central to the development of Cenagas, the nation’s natural gas pipeline operator, an entity formed in 2015 as part of…

May 7, 2021
NGI Adopting Three-Day Natural Gas Bidweek Trading Period, Making Other Changes to Price Index Listings

NGI Adopting Three-Day Natural Gas Bidweek Trading Period, Making Other Changes to Price Index Listings

Natural Gas Intelligence (NGI) is moving forward with some of the changes it proposed in February to better align with marketplace trends, which include shifting to a three-day bidweek trading period instead of the traditional five days in its bidweek determination period. NGI also is making a number of changes to its price index listings…

May 7, 2021
‹ Previous 1 2 3 65