Natural Gas Prices

The U.S. Energy Information Administration (EIA) reported an injection of 54 Bcf natural gas into storage for the week ended Sept. 2. The print came in roughly on par with expectations but below historic norms. Nymex natural gas futures were ahead in early trading Thursday – before and after the report. In the comparable week…

As traders awaited the latest round of government inventory data, expected to show a below-average injection into U.S. stocks, natural gas futures hovered close to even early Thursday.  After plunging 30.3 cents in the previous session, the October Nymex contract was down 2.7 cents to $7.815/MMBtu as of around 8:50 a.m. ET. Surveys ahead of…

Natural gas prices dropped again Wednesday as traders assessed receding domestic demand prospects, rising production and possible peril for American LNG exports. The October Nymex gas futures contract settled at $7.842/MMBtu, down 30.3 cents day/day. November fell 31.1 cents to $7.901. At A Glance: Production hovers around all-time high Forecasts call for cooler weather ahead…

With a U.S. recession appearing more likely in 2023 and uncertainty swirling around natural gas flows from Russia to Europe, natural gas markets may be in for a bumpy ride heading into the shoulder and winter seasons. “Our baseline is that you will see a recession in 2023,” Macquarie Group Ltd.’s David Doyle, head of…

Natural gas spot prices at Henry Hub will average roughly $9/MMBtu during the fourth quarter before retreating to around $6 on average in 2023 amid rising domestic production, according to the latest projections from the Energy Information Administration (EIA). Spot prices at the national benchmark averaged $8.80 in August, versus $7.28 in July, the agency…

As traders continued to read the tea leaves on winter supply dynamics both at home and abroad, a combination of fading weather-driven demand and strong production saw natural gas futures tumble in the market’s return from the Labor Day holiday. Extending a 47.6-cent sell-off leading into Labor Day Weekend, the October Nymex contract plunged another…

As traders continued to read the tea leaves on winter supply dynamics both at home and abroad, a combination of fading weather-driven demand and strong production saw natural gas futures tumble in the market’s return from the Labor Day holiday. Extending a 47.6-cent sell-off leading into Labor Day Weekend, the October Nymex contract plunged another…

With a recession appearing more likely in 2023 and uncertainty swirling around natural gas flows from Russia to Europe, natural gas markets may be in for a bumpy ride heading into the shoulder and winter seasons. “Our baseline is that you will see a recession in 2023,” Macquarie Group Ltd.’s David Doyle, head of economics,…

It was a bloodbath in the natural gas market at the close of the week, with production figures showing only a modest dip day/day and holding near highs. With the most intense heat throughout the first half of the month relegated out West, the October Nymex gas futures contract plunged 47.6 cents Friday to settle…