Natural Gas Prices

Natural gas futures probed higher early Monday, with bulls seizing upon favorable near-term weather, steady export demand and market expectations for a seasonally robust inventory withdrawal. But intensifying stress in the global financial system ultimately curbed the momentum and left futures in the red as markets closed. The April Nymex gas futures contract settled at…

With supportive March cold now largely in the rearview mirror, natural gas futures continued to come under pressure in early trading Tuesday. Coming off an 11.5-cent sell-off in the previous session, the April Nymex contract was down 3.7 cents to $2.186/MMBtu at around 8:50 a.m. ET. The April contract could have further to fall before…

Natural gas futures probed higher early Monday, with bulls seizing upon favorable near-term weather, steady export demand and market expectations for a seasonally robust inventory withdrawal. But intensifying stress in the global financial system ultimately curbed the momentum and left futures in the red as markets closed. At A Glance: Mixed weather outlook All eyes…

Italy’s Eni SpA, one of Mexico’s leading private sector oil producers, has found more oil and natural gas offshore Mexico. Its most recent find was in the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin in the Gulf of Mexico. Eni thinks there are…

Global natural gas prices continued falling Monday, picking up where they left off last week amid warmer weather, ample supplies and turmoil in the banking sector that has weighed on commodities.  In Europe, the May Title Transfer Facility (TTF) contract fell 13% last week. It gave up another 8% on Monday and closed at its…

Following a colder shift in forecasts over the weekend, natural gas futures were trading modestly higher early Monday, recovering some of their losses from late last week. The April Nymex contract was up 7.2 cents to $2.410/MMBtu at around 8:40 a.m. ET. Weather models trended colder over the weekend, with the European model continuing to…

Weekly natural gas cash prices crept lower even though seasonally cold temperatures and snowstorms spanned large swaths of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the March 13-17 trading period declined 29.5 cents to $2.720. Conditions during the week were favorable for heating demand, with heavy snow and freezing air spreading from…

Natural gas futures floundered Friday, capping a see-saw week of trading that ultimately left prompt prices in a holding pattern of sorts, with traders trying to assess an uncertain weather outlook, choppy production estimates and stubbornly high storage levels. At A Glance: Stout storage endures Weather outlook evolves Freeport remains key factor The April Nymex…

Looking to dig a bit deeper into the natural gas price spikes this winter in California, the California Public Utilities Commission (CPUC) on Thursday launched a multi-pronged investigation into the causes, impacts and the potential for recurrence. In addition, the commission also intends to examine the impact of the price spikes on natural gas and…