Natural Gas Prices

Natural gas futures were off sharply in early trading Monday, erasing gains recorded alongside front-month expiration late last week as analysts pointed to warming forecasts and weaker fundamentals. The January Nymex contract was down 51.5 cents to $4.962/MMBtu at around 8:40 a.m. ET. The December contract rolled off the board on Friday with a 37.9-cent…

Natural gas futures were off sharply in early trading Monday, erasing gains recorded alongside front-month expiration late last week as analysts pointed to warming forecasts and weaker fundamentals. The January Nymex contract was down 51.5 cents to $4.962/MMBtu at around 8:40 a.m. ET. The December contract rolled off the board on Friday with a 37.9-cent…

Volatility in the Northeast sent natural gas spot prices on a rollercoaster ride during an abbreviated holiday week, with prices spiking in the region Monday, plunging the next day and then soaring anew to close the trading period. When the dust settled, weekly cash prices advanced along with Northeast gains. NGI’s Weekly Spot Gas National…

Natural gas futures rallied on Wednesday for a second consecutive session ahead of December options expiration. Robust demand for U.S. exports and a government inventory report that pointed to tightening balances helped propel prices higher. At A Glance: LNG feed gas volumes hold above 11 Bcf EIA prints a 21 Bcf withdrawal from storage Spot…

Pockets of cold weather combined with rising production and near-record liquefied natural gas (LNG) demand to create a mixed bag of gains and losses for natural gas forward prices for the trading period from Nov. 18-23, according to NGI’s Forward Look. The most significant losses were seen in the Pacific Northwest, where forward prices plunged…

The U.S. exploration sector delivered its fourth straight quarter of outperformance in 3Q2021, setting the sector up for what should be solid growth in 2022, according to energy prognosticators. Solid cash flow by the domestic exploration and production (E&P) companies was accelerated by the high commodity prices. However, the three-month period also represented a “stabilized…

The Energy Information Administration (EIA) reported the season’s first withdrawal from natural gas storage inventories on Wednesday, an on-target 21 Bcf for the week ending Nov. 19. The EIA’s weekly inventory report was published at noon ET on Wednesday because of the Thanksgiving Day holiday. Natural gas futures prices were several cents higher in anticipation…

Natural gas futures forged higher on Tuesday, recovering much of the ground lost a day earlier, as markets shifted attention to European supply woes and expectations for robust demand for U.S. exports of liquefied natural gas (LNG) through winter. At A Glance: BREAKING: U.S. EIA reports withdrawal of 21 Bcf for week ending Nov. 19…

U.S. natural gas production has recovered more vigorously than oil since the height of the pandemic and is on track to exceed pre-pandemic growth forecasts through 2024, according to researchers at Louisiana State University’s (LSU) Center for Energy Studies. The center’s executive director, David Dismukes, and associate research professor, Gregory Upton, described a transformed landscape…