Natural Gas Prices

Natural gas should play a reduced, yet still significant, role in the global energy mix even if anthropogenic global warming is limited to 1.5 C degrees, according to the latest modeling by the United Nations (UN) climate change panel. The UN’s Intergovernmental Panel on Climate Change (IPCC) analyzed scenarios in the latest report, which indicate…

Natural gas futures continued to probe higher in early trading Tuesday, as a bullish case for pricing later this year was seen outweighing any bearish near-term fundamental developments. The May Nymex contract was up 8.6 cents to $6.729/MMBtu at around 8:55 a.m. ET. Recent price action as of early Tuesday reflected a bullish longer-term outlook…

It was off to the races for natural gas futures prices Monday as a bump in production did little to assuage growing concerns about supply later this year, especially in light of the latest weather data. With chilly weather seen boosting demand for most of this month, the May Nymex futures contract exploded 36.5 cents…

Natural gas futures softened on Friday after surpassing the $6.500/MMBtu mark early in the trading session. With technical pressure amplified given the lack of demand response to the higher price environment, overbought conditions sent the May Nymex futures contract down 8.1 cents to $6.278. June futures fell 8.0 cents to $6.356. At A Glance: Production…

With cooler weekend weather trends helping to strengthen the demand outlook in a market already concerned about supply availability, natural gas futures advanced in early trading Monday. The May Nymex contract was up 17.3 cents to $6.451/MMBtu at around 8:50 a.m. ET. Weather models trended cooler over the weekend, advertising stronger cooling for the eastern…

The first full week of the historically quiet shoulder season was full of fireworks for cash and futures markets alike. Record-breaking heat on the West Coast and a late-season snowstorm on the East Coast drove up spot market demand during the April 4-8 trading period, while growing concerns about supply ahead of next winter lifted…

Natural gas futures softened on Friday after surpassing the $6.500/MMBtu mark early in the trading session. With technical pressure amplified given the lack of demand response to the higher price environment, overbought conditions sent the May Nymex futures contract down 8.1 cents to $6.278. June futures fell 8.0 cents to $6.356. At A Glance: Production…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The energy sector is under the spotlight in Mexico perhaps unlike any time in recent history. The modification of the sector’s legal…

Eschewing the typical shoulder-season themes characteristic of more moderate weather-driven demand, natural gas forwards rallied sharply during the March 31-April 6 trading period as signs of stubbornly stagnating production levels stoked supply adequacy fears. The majority of Lower 48 hubs posted fixed price gains of around 40-60 cents week/week for the May contract, with benchmark…