Natural Gas Prices

Natural gas futures forged higher on Monday, marking a sharp reversal from the prior trading session, as domestic production tapered and European demand for U.S. exports held steady. At A Glance: The prompt month tacked on 22.6 cents Demand outlook remains dubious U.S. exports of LNG expected to hold strong Coming off a 35.8-cent sell-off…

BP plc is extending a renewable natural gas (RNG) venture with Clean Energy Fuels Corp. to finance and develop more projects on dairy farms in Iowa and South Dakota. The dairy farms, with more than 30,000 cows combined, have the potential to convert methane produced from waste into more than 7 million gallons/year of RNG.…

Increased heating demand expectations in the latest forecasts helped extend natural gas futures gains in early trading Tuesday. After rallying 22.6 cents in the previous session, the December Nymex contract was up another 15.8 cents to $5.175/MMBtu at around 8:45 a.m. ET. Recent run-to-run volatility from the major weather models continued overnight, this time with…

Natural gas futures forged higher on Monday, marking a sharp reversal from the prior trading session, as domestic production tapered and European demand for U.S. exports held steady. Coming off a 35.8-cent sell-off on Friday, the December Nymex contract gained 22.6 cents day/day and settled at $5.017/MMBtu on Monday. January rose 22.4 cents to $5.104.…

Progress proved fleeting for natural gas futures, with prices slumping Friday amid weather demand uncertainty, elevated production and renewed Russian vows to ramp up supplies to Europe, a key destination for U.S. exports. The December Nymex contract declined 35.8 cents day/day and settled at $4.791/MMBtu. January fell 36.5 cents to $4.880 on Friday. Futures had…

The Egyptian government’s Suez Canal Authority (SCA) reported it plans to soon raise tolls on ships transiting the key waterway linking the Mediterranean and Red seas — with two notable exceptions: cruise ships and liquefied natural gas (LNG) carriers. According to SCA, the 6% hike year/year takes effect in early Feb. 2022. Cruise ship and…

After heavy selling last week, natural gas futures gained back some ground in early trading Monday, though analysts saw potential for an imminent test of a key nearby support target. Coming off a 35.8-cent sell-off in Friday’s session, the December Nymex contract was up 5.7 cents to $4.848/MMBtu at around 8:45 a.m. ET.  The December…

Weekly natural gas cash prices slumped amid unseasonably mild temperatures and light heating demand throughout the eastern United States. NGI’s Weekly Spot Gas National Avg. for the Nov. 8-12 period dropped 59.5 cents to $4.690. Conditions were comfortable throughout the Lower 48 early in the week and, while colder air blew into the Upper Midwest…

Progress proved fleeting for natural gas futures, with prices slumping Friday amid weather demand uncertainty, elevated production and renewed Russian vows to ramp up supplies to Europe, a key destination for U.S. exports. At A Glance: Futures fail to sustain momentum Demand outlook remains dubious Spot prices get a late-week boost The December Nymex contract…