Natural Gas Prices

Given a bearish temperature outlook through the end of October, and against a backdrop of a fast-shrinking inventory deficit, natural gas futures continued to stumble in early trading Tuesday. Coming off a 45.4-cent sell-off in the previous session, the November Nymex contract was down another 2.7 cents to $5.972/MMBtu at around 8:40 a.m. ET. December…

Forecasts for dramatic warm-up after this week’s snowy, chilly week sent natural gas futures prices tumbling on Monday. The November Nymex gas futures contract plummeted 45.4 cents to $5.999/MMBtu, while December futures dropped 34.8 cents to $6.479. At A Glance: Weather models agree on warmth’s return Production recovers above 100 Bcf/d Chilly temperatures seen through…

In the story, Southeast Utilities Pursue Rate Hikes Amid High Natural Gas Prices, Infrastructure Costs – Winter Rate Spikes: Part 3, the name of Chattanooga Gas Corp. and Georgia Power’s parent company – Southern Company – was misstated. NGI regrets the error.

Heating demand could prove stronger this winter than last, given National Weather Service (NWS) forecasts for colder temperatures in northern markets. But robust production levels this fall should help the market meet demand and could help keep consumer prices from rising more than they already did this year. That assessment is according to the American…

European natural gas prices continued declining Monday to the lowest point in three months on mild weather forecasts and reports of heightened storage, despite threats from Russia of a complete end to pipeline exports. After a brief mid-week jump last Wednesday (Oct. 12), natural gas linked to the Dutch Title Transfer Facility (TTF) benchmark continued…

With recent price gains seemingly not tied to fundamentals, natural gas futures prices came to their senses and tumbled on Friday amid a warming weather outlook and rising inventories. The Nymex November gas futures contract closed out the week at $6.453/MMBtu, off 28.8 cents from Thursday’s close. December futures slid 22.6 cents to $6.827. Spot…

Natural gas futures soared over the summer months, driving up costs for utilities that bought gas ahead of the fall months and then passed along the hikes to consumers, new federal data show. More inflation lurks as winter weather and heating demand near. The U.S. Department of Labor on Thursday (Oct. 13) said overall consumer…

Spot gas prices were mostly lower for the Oct. 10-14 trading period, with losses in some of the regions hit by cold fronts and modest gains in areas where pockets of heat lingered. NGI’s Weekly Spot Gas National Avg. stayed exactly flat week/week to $5.525/MMBtu. Futures action was quiet on the whole, with back and…

With recent price gains seemingly not tied to fundamentals, natural gas futures prices came to their senses and tumbled on Friday amid a warming weather outlook and rising inventories. The Nymex November gas futures contract closed out the week at $6.453/MMBtu, off 28.8 cents from Thursday’s close. December futures slid 22.6 cents to $6.827. At…