Natural Gas Prices

Fresh off a record-setting Nor’easter that dumped more snow along the upper East Coast than all the snowstorms in 2019 combined, natural gas forward prices finally snapped a three-week losing streak. January prices jumped 22.0 cents on average between Dec. 10 and 16, while the balance of winter (January-March) climbed 18.0 cents, according to NGI’s…

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…

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…

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…

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…

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…

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…

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

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.