Natural Gas Prices

Weekly natural gas cash prices lost ground for a third week as mild weather limited demand for heating across much of the Lower 48.       NGI’s Weekly Spot National Avg. for the Jan. 31-Feb. 2 period fell 26.5 cents to $2.115, with declines in all but the Northeast region. Cold weather supported an uptick at a…

March Nymex natural gas futures settled the week’s closing session up 2.9 cents as the market looked beyond near-term warmth toward a colder end to February with buying possibly triggered by short covering and bargain hunting at current lows.  At A Glance: Futures gain on possible cold Upside support limited by production Cash down with…

The global natural gas market has traveled quite a long distance over the last 12 months.

Regional natural gas forward prices came under bearish pressure across the curve during the Jan. 25-31 trading period as recovering production volumes and blowtorch winter temperatures foreshadowed excess supply heading into the upcoming injection season. Henry Hub fixed prices shed 16.0 cents for March delivery, ending the period at $2.112/MMBtu, NGI’s Forward Look data show.…

March Nymex natural gas futures settled the Thursday regular trading session down 5.0 cents day/day, turning negative after the U.S. Energy Information Administration (EIA) reported a storage withdrawal that was within market expectations. At A Glance: 197 Bcf storage draw meets expectations Neat-term warmth pressures Spot gas prices move higher The front-month contract drifted on…

Natural gas futures hovered close to even in early trading Friday as the market continued to look to the second half of February for a possible shift away from the exceptionally mild winter weather pressuring prices. The March Nymex contract was unchanged at $2.050/MMBtu at around 8:43 a.m. ET. April was off a fraction of…

March Nymex natural gas futures settled the Thursday regular trading session down 5.0 cents day/day, turning negative after the U.S. Energy Information Administration (EIA) reported a storage withdrawal that was within market expectations.  At A Glance: Storage draw meets expectations Warm weather precedes cold Cash ends losing streak The front-month contract drifted on either side…

Regional natural gas forward prices came under bearish pressure across the curve during the Jan. 25-31 trading period as recovering production volumes and blowtorch winter temperatures foreshadowed excess supply heading into the upcoming injection season. Henry Hub fixed prices shed 16.0 cents for March delivery, ending the period at $2.112/MMBtu, NGI’s Forward Look data show.…

Strengthening but still lower production intersected with spring-like weather during February bidweek trading. Natural gas prices varied by region as a result, with swaths of the country impacted by lower supply and posting gains, and others reporting declines amid waning heating demand. Fresh concerns about the durability of the United States’ increasingly prominent LNG export…