Natural gas futures kicked off the new week on a low note, slumping alongside warmer trends in weather forecasts, lighter LNG demand and continued robust production levels. At A Glance: Front month sheds 12.8 cents Weather outlook adds warmth Production holds at 100 Bcf/d The April Nymex gas futures contract settled at $2.088/MMBtu, down 12.8…
Topic / Natural Gas Prices
SubscribeNatural Gas Prices
Articles from Natural Gas Prices
Strikes in France Push European Natural Gas Prices Higher, but Demand Seen Weakening – LNG Recap
Colder weather and the possibility of continued labor strikes at French import terminals helped lift European natural gas prices on Monday. The May Title Transfer Facility (TTF) gained about 5% last week after forecasts shifted colder for the remainder of the month and into early April. The contract gained another 3% Monday to finish just…
Asian Contracting Trends, Volume Growth Said Setting Stage for Bifurcated LNG Prices
As an influx of additional LNG volumes are set to hit markets later this decade, the next wave of long-term contracts – mostly by Asian buyers – could push global prices toward an “unprecedented moment,” according to Columbia University’s Center on Global Energy Policy (CGEP). CGEP researcher Ira Joseph said in a recent note that…
Natural Gas Futures Tumble Early Following Milder Weekend Weather Trends
Bearish weekend weather trends put pressure on natural gas futures in early trading Monday as analysts predicted potential volatility heading into the front-month expiration early this week. The expiring April Nymex contract was down 10.7 cents to $2.109/MMBtu at around 8:40 a.m. ET. May was off 10.4 cents to $2.257. Weather models trended warmer over…
Weekly Natural Gas Spot Market Prices Sputter as Spring Nears; Futures Falter
Weekly natural gas cash prices fell as mild temperatures and light heating demand paved a path for price corrections. NGI’s Weekly Spot Gas National Avg. for the March 20-24 period dropped 40.0 cents to $2.320. Prices declined four out of the past week’s five sessions. Weather favored bulls to start the week, with chilly conditions…
Natural Gas Futures, Spot Prices Find Path Forward as Forecasts Tilt Colder
Natural gas futures forged ahead Friday, boosted by colder forecasts and expectations for back-to-back bullish storage prints relative to historic norms. The April Nymex gas futures contract settled at $2.216/MMBtu, up 6.2 cents day/day. May rose 7.8 cents to $2.361. At A Glance: Bullish storage print in cards Supplies hold at robust levels Week-ahead weather…
Maintenance Outages Wreak Havoc on Southern California Natural Gas Forward Prices
Against a consistent backdrop of lackluster natural gas demand, robust production, lagging exports and unseasonably high storage inventories, forward prices continued to crumble during the March 16-22 period, according to NGI’s Forward Look. Natural gas fixed prices declined more than 30.0 cents on average for April, with several U.S. locations recording even steeper decreases for…
Natural Gas Futures, Spot Prices Sputter Amid Weaker Demand Outlook
Natural gas futures flipped positive early Thursday after a government inventory report proved bullish relative to recent years. However, it ultimately was not enough to ease festering supply/demand imbalance concerns. The April Nymex gas futures contract lost 1.7 cents day/day and settled at $2.154/MMBtu. May fell 2.4 cents to $2.283. A day earlier, both shed…
Surplus Trimmed, but Analysts See Oversupply as Natural Gas Futures Nudge Higher Early
Natural gas futures saw modest gains in early trading Friday as the market continued to mull a surplus-shrinking result from the latest round of government inventory data. The April Nymex contract was up 2.9 cents to $2.183/MMBtu at around 8:50 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 72 Bcf withdrawal from…
Seasonally Steep Storage Pull Not Enough to Bolster Natural Gas Futures, Cash Prices
Natural gas futures flipped positive early Thursday after a government inventory report proved bullish relative to recent years. However, it ultimately was not enough to ease festering supply/demand imbalance concerns. At A Glance: EIA prints 72 Bcf withdrawal Spring weather blossoming Production holds steady, stout The April Nymex gas futures contract lost 1.7 cents day/day…