Natural Gas Prices

Markets fixated on shifting weather patterns EIA reported a withdrawal of 134 Bcf from natural gas storage U.S. LNG volumes held steady on strong Asian demand In a third consecutive day of topsy-turvy trading, natural gas futures ultimately finished firmly in negative territory, as markets fixated more on shifting weather patterns than a bullish storage…

As models maintained expectations for a shift to colder U.S. temperatures to close out the month of January, natural gas futures reversed their recent losses in early trading Friday. After giving up 6.1 cents in the previous session, the February Nymex contract was up 9.1 cents to $2.757/MMBtu at around 8:40 a.m. ET. Recent weather…

In a third consecutive day of topsy-turvy trading, natural gas futures ultimately finished firmly in negative territory, as markets fixated more on shifting weather patterns than a bullish storage report and rising U.S. liquefied natural gas (LNG) volumes. The February Nymex gas futures contract settled at $2.666/MMBtu, down 6.1 cents day/day. March fell 5.9 cents…

Small price gains were seen along U.S. natural gas forward curves for the Jan. 7-13 period, but they did not tell the whole story. Volatility was in full swing as weather models continued to tease the market with signals that truly frigid winter weather may loom. February prices averaged 5.0 cents higher for the period,…

James Waddell, a senior global gas analyst at London-based Energy Aspects, said severe cold, production outages, shipping constraints and a scramble to find supplies are just a few of the myriad factors that have blown into the perfect storm behind a meteoric rise in Asian liquefied natural gas (LNG) prices.  As the historic rally continues,…

An extraordinary surge in freezing temperatures across northern Asia, coupled with liquefied natural gas (LNG) delivery interruptions, are triggering a surge in prices in key U.S. export destinations such as China, Japan and South Korea. At the same time, European storage levels are drawing down quickly, and the result is mounting demand for U.S. LNG…

Global exploration operators are ready to get back to business in oil and natural gas onshore and offshore, with the international players likely to shell out more funds this year than their Lower 48 compadres. Energy analysts in recent weeks have begun offering their takes on the likely pace of activity and potential capital expenditures…

BREAKING: U.S. EIA reports withdrawal of 134 Bcf from natural gas storage for the week ended Jan. 8 Forecasts disappointed after high expectations for winter chill But lower production and rising exports supported demand In an erratic day of trading that saw natural gas futures swing between gains and losses several times, the prompt month…

Massachusetts is ready to follow in California’s footsteps as it moves toward reducing greenhouse gas emissions and looks to ban gasoline-fueled vehicles in a bill that was passed earlier this month. Under a program that has been in the works for months, the overall goal is to reduce carbon emissions by 2030 to 45% below…