Natural Gas Prices

Natural gas futures traded both sides of even early Wednesday as bulls geared up to try to extend their winning streak, bolstered by forecasts teasing colder weather arriving by the second week of March. After rallying 18.3 cents on Monday and tacking on another 1.6-cents in Tuesday’s session, the April Nymex contract was off 2.4…

In a display of technical trading at work, natural gas futures spent the majority of Tuesday’s trading session firmly in the red before a late rally sent the April Nymex gas futures contract 1.6 cents higher day/day to $2.747/MMBtu. May futures tacked on a penny to $2.863. Spot gas traded mostly sideways across the country,…

Targa Resources Corp. is bullishly pushing forward with expansion projects in the prolific Permian Basin, citing expectations for robust global oil and natural gas demand long term The Houston-based company expects momentum to push through 2023, a year in which global oil demand is projected by the International Energy Agency to grow and foundations are…

California Resources Corp. (CRC) in 2023 is expecting to develop its highest-returning oil and natural gas projects with the permits it has in hand and a 1.5 rig program as it zeroes in on maintenance operations and builds its carbon management business.  “As any focused company should do, we continue to evolve. As we look…

Natural gas futures extended their gains on Monday as weather models continued to show cold over much of the Lower 48 for early to mid-March and Freeport LNG stayed on its path toward full operations. With some nascent technical momentum also in play, the newly prompt April Nymex natural gas contract settled at $2.731/MMBtu, up…

Click here to listen to the latest episode of NGI’s Hub & Flow in which Senior Price and Markets Editor Leticia Gonzales joins Associate Editor Morgan Evans to discuss the unique natural gas price environment in California this winter.  Gonzales details how high natural gas prices soared in the Golden State, how they compared to…

BP plc clinched a deal to sell 2.2 Bcf of certified natural gas this year to fertilizer giant CF Industries Holdings Inc. CF, which uses natural gas as feedstock, said the sale of the independently certified natural gas is the first of its kind for use in industrial manufacturing. Financial details of the transaction were…

Natural gas futures pulled back in early trading Tuesday as a more supportive fundamental outlook, including chillier March temperatures, proved insufficient to extend the recent rally.  The April Nymex contract was down 8.6 cents to $2.645/MMBtu at around 8:50 a.m. ET. The April contract rallied 18.3 cents in Monday’s session as “fundamental support and bullish…

Natural gas futures extended their gains on Monday as weather models continued to show cold over much of the Lower 48 for early to mid-March and Freeport LNG stayed on its path toward full operations. With some nascent technical momentum also in play, the newly prompt April Nymex natural gas contract settled at $2.731/MMBtu, up…