Natural Gas Prices

Tough Winter Ahead for the LNG Market? – Listen Now to NGI’s Hub & Flow

Tough Winter Ahead for the LNG Market? – Listen Now to NGI’s Hub & Flow

Click here to listen to the latest episode of NGI’s Hub & Flow podcast for an overview of what’s moving LNG markets as colder weather settles in across the Northern Hemisphere.  NGI’s Senior LNG Editor Jamison Cocklin is joined by Jason Feer, global head of business intelligence at consultancy and shipbroker Poten & Partners, to…

November 22, 2021
Forecasts Lock in on Mild Early December Temps as Natural Gas Futures Plunge

Forecasts Lock in on Mild Early December Temps as Natural Gas Futures Plunge

Natural gas futures were down sharply in early trading Monday as weather models over the weekend advertised a pattern that would deliver notably warmer-than-normal temperatures for early December. The December Nymex contract was down 25.2 cents to $4.813/MMBtu at around 8:45 a.m. ET. Compared to Friday’s outlook, the largest change in the temperature outlook occurred…

November 22, 2021
Weekly Natural Gas Prices Rally Amid Early Blast of Winter, Flood-Induced Pipeline Closure

Weekly Natural Gas Prices Rally Amid Early Blast of Winter, Flood-Induced Pipeline Closure

Weekly natural gas cash prices gained ground amid snow and freezing conditions that originated in the West and traveled across the northern half of the country, generating robust heating demand. NGI’s Weekly Spot Gas National Avg. for the Nov. 15-19 period climbed 18.5 cents to $4.875 A chilly weather system tracked out of the Mountain…

November 19, 2021
Natural Gas Prices Rally Again, with December Futures Finishing Strong Week on High Note

Natural Gas Prices Rally Again, with December Futures Finishing Strong Week on High Note

Natural gas futures on Friday rallied for the fourth time in the week’s five trading sessions, lifted by ongoing robust levels of U.S. exports and expectations for stronger weather-driven demand in coming weeks. The December Nymex contract gained 16.3 cents day/day and settled at $5.065/MMBtu. January rose 15.0 cents to $5.145. At A Glance: Futures…

November 19, 2021
Natural Gas Forwards Discounts Deepen, but Westcoast Reductions Spur Rally in Pacific Northwest

Natural Gas Forwards Discounts Deepen, but Westcoast Reductions Spur Rally in Pacific Northwest

Natural gas forward prices recorded a third straight week in the red as weather models continued to show variability in the forecasts, rather than sustained cold. Liquefied natural gas (LNG) demand, meanwhile, neared all-time highs as production fluctuated but stood well off summer lows. All the gyrations in the supply/demand balance left the December forward…

November 19, 2021
With Export Demand Holding Strong, Natural Gas Futures Post Solid Gain

With Export Demand Holding Strong, Natural Gas Futures Post Solid Gain

Natural gas futures vaulted higher on Thursday as production eased, export demand jumped and traders looked ahead to colder weather and the onset of winter storage withdrawals. The December Nymex contract rose 8.6 cents day/day and settled at $4.902/MMBtu. January added 8.1 cents to $4.995.  At A Glance: U.S. LNG volumes gain momentum EIA prints…

November 19, 2021
Models ‘All Over the Place’ on Early December Temps as Natural Gas Futures Hover Near Even

Models ‘All Over the Place’ on Early December Temps as Natural Gas Futures Hover Near Even

After some notable swings in after hours trading, natural gas futures hovered close to even in early trading Friday as forecasters highlighted volatility in the weather data. The December Nymex contract was up 3.7 cents to $4.939/MMBtu at around 8:50 a.m. ET. Weather models as of early Friday had been “all over the place” in…

November 19, 2021
Natural Gas Industry Turns Gaze to DC Summit, Opportunity for Energy Cooperation – Mexico Spotlight

Natural Gas Industry Turns Gaze to DC Summit, Opportunity for Energy Cooperation – Mexico Spotlight

All eyes in Mexico’s energy sector were on Washington, DC on Thursday as President Biden hosted Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador in the first summit of its kind since 2016. Ahead of the so-called “Three Amigos” summit, the Canadian Chamber of Congress, Mexican business group Consejo Coordinador Empresarial…

November 18, 2021
December Natural Gas Futures Find New Footing Amid Export Demand Strength

December Natural Gas Futures Find New Footing Amid Export Demand Strength

Natural gas futures vaulted higher on Thursday as production eased, export demand jumped and traders looked ahead to colder weather and the onset of winter storage withdrawals. The December Nymex contract rose 8.6 cents day/day and settled at $4.902/MMBtu. January added 8.1 cents to $4.995.  Coming off a 36.1-cent selloff in the previous session, Thursday’s…

November 18, 2021
Relentless Sell-Off Continues for Natural Gas Forwards, but Pipeline Issue Rocks Pacific Northwest

Relentless Sell-Off Continues for Natural Gas Forwards, but Pipeline Issue Rocks Pacific Northwest

Natural gas forward prices recorded a third straight week in the red as weather models continued to show variability in the forecasts, rather than sustained cold. Liquefied natural gas (LNG) demand, meanwhile, neared all-time highs as production fluctuated but stood well off summer lows. All the gyrations in the supply/demand balance left the December forward…

November 18, 2021