Natural Gas Prices

‘Bullish Supply, Bearish Price’ Signals Seen for U.S. Natural Gas, Though Volatility Still Likely

‘Bullish Supply, Bearish Price’ Signals Seen for U.S. Natural Gas, Though Volatility Still Likely

Despite multiple bearish indicators heading into winter, it doesn’t take much these days for U.S. natural gas prices to swing sharply upward, experts said Monday. Rising domestic production and expected milder than average temperatures across much of the Lower 48 should help keep prices in check over the coming months, even with storage levels currently…

September 14, 2022
October Natural Gas Futures Post Fourth Consecutive Gain

October Natural Gas Futures Post Fourth Consecutive Gain

Natural gas futures on Tuesday forged ahead a fourth-consecutive session as near-term weather conditions took a bullish turn and domestic production declined amid maintenance events. Festering fears about European supply woes added upward price pressure. Coming off a 25.3-cent rally on Monday – and gains over the two prior sessions last week — the October…

September 14, 2022
Natural Gas Futures Extend Rally Early as Forecasts Maintain Late-Season Heat

Natural Gas Futures Extend Rally Early as Forecasts Maintain Late-Season Heat

With the market left to contemplate lingering cooling demand and stubborn storage deficits, natural gas futures continued to push higher in early trading Wednesday. The October Nymex contract was up 29.3 cents to $8.577/MMBtu at around 8:45 a.m. ET. The weather outlook underwent only small adjustments based on the overnight data, continuing to show widespread…

September 14, 2022
Natural Gas Futures, Cash Prices Continue Rally as Cooling Demand Lingers

Natural Gas Futures, Cash Prices Continue Rally as Cooling Demand Lingers

Natural gas futures on Tuesday forged ahead a fourth-consecutive session as near-term weather conditions took a bullish turn and domestic production declined amid maintenance events. Festering fears about European supply woes added upward price pressure. Coming off a 25.3-cent rally on Monday – and gains over the two prior sessions last week — the October…

September 13, 2022
Cheniere Looks to Double LNG Exports Long Term Via Corpus, Sabine Pass Expansions

Cheniere Looks to Double LNG Exports Long Term Via Corpus, Sabine Pass Expansions

Cheniere Energy Inc. late Monday unveiled a revised long-term capital allocation plan to invest in organic LNG export growth, while returning more capital to shareholders. During an hour-long conference call, CFO Jack Fusco and CFO Zach Davis updated a capital allocation plan from a year ago. Since then the U.S. liquefied natural gas export leader…

September 13, 2022
Natural Gas Futures Post Another Gain Amid Precarious Storage Situation

Natural Gas Futures Post Another Gain Amid Precarious Storage Situation

Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…

September 13, 2022
Winter Natural Gas Price Spikes Said Possible Despite Mild Forecast, Output Rebound

Winter Natural Gas Price Spikes Said Possible Despite Mild Forecast, Output Rebound

Despite multiple bearish indicators heading into winter, it doesn’t take much these days for U.S. natural gas prices to swing sharply upward, experts said Monday. Rising domestic production and expected milder than average temperatures across much of the Lower 48 should help keep prices in check over the coming months, even with storage levels currently…

September 13, 2022
Increasingly Interconnected Global Natural Gas Market Puts Spotlight on NGI’s Henry Hub Price Indexes

Increasingly Interconnected Global Natural Gas Market Puts Spotlight on NGI’s Henry Hub Price Indexes

As individual natural gas markets around the world become more integrated, thanks to the rise of LNG exports, U.S. natural gas price data have become an important tool in determining which way the trade winds are blowing. As a result, NGI has begun publishing its two key Henry Hub natural gas spot market prices on…

September 13, 2022
Natural Gas Futures Continue Higher Amid Late-Season Heat, Production Dip

Natural Gas Futures Continue Higher Amid Late-Season Heat, Production Dip

With updated estimates showing a dip in production, and with forecasts signaling stronger late-season cooling demand, natural gas futures extended their recent gains in early trading Tuesday. Coming off a 25.3-cent rally in Monday’s session, the October Nymex contract was up 7.8 cents to $8.327/MMBtu at around 8:50 a.m. ET. After probing as low as…

September 13, 2022
Natural Gas Futures Extend Win Streak Amid Lingering Domestic, Global Supply Concerns

Natural Gas Futures Extend Win Streak Amid Lingering Domestic, Global Supply Concerns

Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…

September 12, 2022