Natural gas futures faltered midweek, erasing the prior two days’ gains as traders looked ahead to growing storage surpluses later this month amid ongoing warmth across most of the country. The March Nymex gas futures contract settled Wednesday at $2.396/MMBtu, down 18.0 cents on the day. April futures slid 18.7 cents to $2.477. Spot gas…
Topic / Natural Gas Prices
SubscribeNatural Gas Prices
Articles from Natural Gas Prices
Equinor Plans Steady Natural Gas Production and Lower Emissions as Europe’s Energy Crisis Continues
Equinor ASA expects European natural gas prices to slide by the middle of the decade as more LNG capacity comes online, but it plans to maintain production levels through 2030 as extreme supply volatility persists. After a year of record prices and volatility, helping stoke lofty revenues for Equinor, management said prices have started to…
Natural Gas Futures Pare Losses Early as Larger-Than-Average Withdrawal Expected
Natural gas futures traded both sides of even in the early morning hours Thursday as the market looked ahead to the latest government inventory data, expected to reveal a larger-than-average withdrawal. Coming off an 18.8-cent slide in the previous session, the March Nymex contract was up 2.8 cents to $2.424/MMBtu at around 8:40 a.m. ET.…
What Gains? Natural Gas Futures Traders Slam Brakes on Rally as Cash Stabilizes
Natural gas futures faltered midweek, erasing the prior two days’ gains as traders looked ahead to growing storage surpluses later this month amid ongoing warmth across most of the country. The March Nymex gas futures contract settled Wednesday at $2.396/MMBtu, down 18.0 cents on the day. April futures slid 18.7 cents to $2.477. At A…
Weaker Natural Gas Prices, Higher Borrowing Costs Push Inflation Lower
Weakened natural gas prices – following a massive run-up last summer – intersected with rising interest rates to ease inflation that had only a few months ago reached a 40-year high. Further New York Mercantile Exchange gas futures price drops early this year, owing in part to relatively benign winter weather across most of January,…
Can the Search for a Global LNG Benchmark End With a European or U.S. Natural Gas Contract? – Column
While the early LNG market mostly developed in Asia and the Middle East, the super-chilled fuel was first commercialized in the United States and Europe.
What Caused California’s Natural Gas Winter Price Spike?
Natural gas price surges in the region this winter have led the California Public Utilities Commission (CPUC) to order utilities to issue customers’ annual California Climate Credit (CCC) early. Since the passage of California’s Assembly Bill 26, aka the Global Warming Solutions Act of 2006, most residents receive a CCC on natural gas bills in…
North American Natural Gas Price Outlook – Listen Now to NGI’s Hub & Flow
Click here to listen to the latest episode of NGI’s Hub & Flow. NGI senior editors Andrew Baker and Kevin Dobbs discuss the outlook for North American natural gas prices in 2023. They address factors including a mild weather start to the year, robust U.S. production, the Freeport LNG outage and the potential for future…
Natural Gas Futures Up Again; Chilly Weather Lifts West Coast Cash as Key Pipeline’s Return Imminent
Natural gas futures churned out another price gain on Tuesday, with analysts largely seeing the move higher as technically driven rather than fueled by any significant change in the supply/demand balance. The March Nymex gas futures contract climbed 12.7 cents on the day to $2.584/MMBtu, while April futures picked up 12.9 cents to $2.664. Spot…
Natural Gas ‘Relief Rally’ Seen Faltering as March Contract Slides Early
Natural gas futures gave back some of their recent gains in early trading Wednesday as a largely weak weather-driven demand outlook continued to keep the pressure on prices. The March Nymex contract was off 5.5 cents to $2.529/MMBtu at around 8:50 a.m. ET. The American and European weather models made only small adjustments to projected…