Natural Gas Prices

Natural gas futures jumped Wednesday as traders looked ahead to below-normal temperatures for most of the country in late November and a rare double dose of weekly government storage data Thursday. At A Glance: Prompt month adds 8.4 cents Rockies, California lead cash gains NGI estimates 9 Bcf draw, 43 Bcf injection The December Nymex…

A persistent drought impacting the Panama Canal has left LNG shippers with a few alternatives; either wait for weeks in a growing queue, pay exorbitant prices to jump the line or take a long detour. The water levels at Alajuela and Gatun, the two artificial lakes that supply water to the canal, have continued to…

The story, “Natural Gas Futures Stumble as Forecasts Walk Back Some Demand; Cash Jumps on Permian Supply Cuts,” incorrectly stated the final settlement prices for the Nymex December and January natural gas futures contracts. December natural gas futures settled Tuesday at $3.106/MMBtu. January settled at $3.316. NGI regrets the errors.

As updated forecasts showed cold building for the eastern Lower 48 into the last week of November, natural gas futures advanced in early trading Wednesday. Coming off an up-and-down start to the week, the December Nymex contract was up 7.1 cents to $3.177/MMBtu at around 8:41 a.m. ET. Tuesday’s trading saw the front month finish…

Natural gas futures failed to sustain Monday’s momentum and finished lower Tuesday after weather forecasts took back some of the latest modeled demand boon for later this month. The December Nymex natural gas futures contract fell 9.1 cents day/day to settle at $3.092/MMBtu. January shed 8.4 cents to end at $3.303. At A Glance: Prompt…

As the Northern Hemisphere nears what could be a milder winter compared to last year, Energy Information Administration (EIA) researchers expect U.S. LNG exporters to further expand their role as a balancing force in the global spot market. In EIA’s latest winter liquefied natural gas market outlook, researchers wrote that most key natural gas markets…

Natural gas futures found fresh footing Monday for the first time in six sessions, supported by a cold shift in late November forecasts, while bears eyed next opportunities with supply still ample and another potential disruption at the Freeport LNG facility in Texas. The December Nymex natural gas futures contract jumped 16.4 cents day/day to…

Natural gas futures retreated in early trading Tuesday as overnight forecast trends eased back on cold expectations for later this month, though gains from the previous session were largely preserved. The December Nymex contract was down 1.9 cents to $3.178/MMBtu at around 8:47 a.m. ET after rallying 16.4 cents Monday. A mix of overnight forecast…

Natural gas futures found fresh footing Monday for the first time in six sessions, supported by a cold shift in late November forecasts, while bears eyed next opportunities with supply still ample and another potential disruption at the Freeport LNG facility in Texas. At A Glance: Prompt month ends five-session slide Production jumps near 106…