Natural Gas Prices

Natural Gas Futures Prices Still Steady Ahead of Potentially Larger-than-Normal EIA Storage Report

Natural Gas Futures Prices Still Steady Ahead of Potentially Larger-than-Normal EIA Storage Report

After an earlier dip, natural gas futures recovered to ultimately close out Wednesday’s session nearly flat as the prospects for more cold in early January appeared to dim.  With a sharp increase in liquefied natural gas (LNG) demand and the potential for a much larger-than-normal storage withdrawal, the January Nymex contract settled at $2.677, down…

December 16, 2020
Chillier December Outlook Lifts Nymex Natural Gas Again; Cash Up on Double Shot of Cold

Chillier December Outlook Lifts Nymex Natural Gas Again; Cash Up on Double Shot of Cold

Colder trends in latest weather data drive more gains for natural gas futures LNG demand strong, feed gas deliveries stable above 11 Bcf Cold blasts boost cash prices Natural gas futures extended their gains for a fourth consecutive session as weather models continue to tease more cold for the end of the month and into…

December 15, 2020
Brief Bouts of Cold Not Enough to Stave Off Weekly Natural Gas Cash Price Declines

Brief Bouts of Cold Not Enough to Stave Off Weekly Natural Gas Cash Price Declines

Like the red showing up across weather maps for December, weekly spot gas prices all ended on the negative side of the ledger during the Dec. 7-11 week. Losses were rather substantial, particularly on the East and West coasts, but also in parts of the Southeast. NGI’s Weekly Spot Gas National Avg. tumbled 20.5 cents…

December 11, 2020
Hear the Winter Outlook for LNG Exports on NGI’s Hub & Flow Podcast — Listen Now

Hear the Winter Outlook for LNG Exports on NGI’s Hub & Flow Podcast — Listen Now

Click here to listen to a new episode of NGI’s Hub & Flow podcast.  Senior Editor Jamison Cocklin, who oversees LNG Insight, offers an overview of the factors influencing the liquefied natural gas market as colder weather sets in across the Northern Hemisphere. He also discusses what could be ahead for the global gas market…

December 10, 2020
More Losses for Natural Gas Winter Prices, but Forwards Stabilize for Summer, Beyond

More Losses for Natural Gas Winter Prices, but Forwards Stabilize for Summer, Beyond

Weather dominated natural gas forward price action for a third consecutive week, sending prices through the winter lower despite record export demand and cuts to production, according to NGI’s Forward Look. However, losses were less severe than the prior two weeks, and prices stabilized a bit for the summer 2021 strip (April-October) and beyond, with…

December 10, 2020
EIA Raises 1Q2021 Brent Forecast as OPEC-Plus Set to Curb Production

EIA Raises 1Q2021 Brent Forecast as OPEC-Plus Set to Curb Production

Citing a recent decision by the Organization of the Petroleum Exporting Countries and its allies (OPEC-plus) to limit production, the U.S. Energy Information Administration (EIA) on Tuesday raised its forecast for 1Q2021 Brent crude oil prices to $47/bbl, up $5 from projections issued a month earlier. The new Brent price forecast, published Tuesday in the…

December 9, 2020
Natural Gas Futures Not Rattled as EIA’s Storage Number Surpasses Consensus

Natural Gas Futures Not Rattled as EIA’s Storage Number Surpasses Consensus

The Energy Information Administration reported an 86 Bcf weekly injection into working U.S. natural gas stocks Thursday that was…

September 20, 2018

FERC Drops Notification Requirement From 2005 Shell Price Reporting Pact

Shell Energy North America has been relieved of the obligation to notify FERC before it modifies natural gas price reporting procedures that were established as part of a 2005 settlement agreement.

July 15, 2015
Physical NatGas Prices Left Behind by Exuberant Futures; August Up Another 8 Cents

Physical NatGas Prices Left Behind by Exuberant Futures; August Up Another 8 Cents

Next-day natural gas prices were generally lower across a broad front in Wednesday's trading with losses of a few pennies at numerous points offsetting outsized gains at some East and Northeast points. Overall, NGI’s National Spot Gas Average lost 3 cents to $2.61.

July 15, 2015

NatGas Cash Flat, Futures Ease as Traders Await Heat

Spot prices for Wednesday delivery put in a broad advance across most market points in trading Tuesday. Gains of a nickel to a dime were common west of the Marcellus, and about half of eastern market points slipped into the loss column.

July 14, 2015