Natural Gas Prices

A lack of intimidating heat heading into late August undercut natural gas futures Friday, sending prices lower to cap off a largely bearish week of trading. Adding to a series of daily losses in recent sessions, the September Nymex contract dropped 7.0 cents to settle at $2.551/MMBtu. At A Glance: Back end of 15-day weather…

U.S. natural gas futures swung from a 14-year high above $9.00/MMBtu in the summer of 2022 – following Russia’s invasion of Ukraine and shocks to global supplies –  to lows below $2.500 a year later amid robust production and demand fluctuations. While natural gas prices are always difficult to forecast, it’s a safe bet more…

Natural gas forward prices retreated through the Aug. 10-16 period as long-range forecasts point to a cooler end to the month with an increase in tropical activity. Strong production levels outside of maintenance, lagging LNG demand and robust underground stocks also weighed on the market, sending September forward prices down an average 25.0 cents, according…

Natural gas futures eked out a positive session Thursday as an on-target storage print confirmed further erosion of the Lower 48 inventory surplus on recent summer heat.  Meanwhile, cash prices underwent further moderation out West, helping to drop NGI’s Spot Gas National Avg. 14 cents to $2.455/MMBtu. Coming off consecutive sessions in the red, the…

Natural gas futures swung from a 14-year high above $9.00/MMBtu in the summer of 2022 – following Russia’s invasion of Ukraine and shocks to global supplies — to lows below $2.500 a year later amid robust production and demand fluctuations. While natural gas prices are always difficult to forecast, it’s a safe bet more fluctuations…

Natural gas forward prices retreated through the Aug. 10-16 period as long-range forecasts point to a cooler end to the month with an increase in tropical activity. Strong production levels outside of maintenance, lagging LNG demand and robust underground stocks also weighed on the market, sending September forward prices down an average 25.0 cents, according…

Talks to avert strikes at three LNG export facilities in Western Australia are expected to stretch into next week after negotiations between the labor unions, Chevron Corp. and Woodside Energy Group Ltd. have made little headway. Discussions were scheduled to continue next Wednesday (Aug. 23) in order to give both sides time to consider what…

The U.S. Energy Information Administration (EIA) on Thursday reported an on-target 35 Bcf injection into domestic storage facilities for the week ending Aug. 11, a surplus-trimming result that solicited only a muted response from natural gas futures traders. Futures climbed early Thursday as traders awaited the latest government inventory report, paring losses recorded over the…

Natural gas futures and cash prices slumped Wednesday as easing weather-driven demand expectations cooled a market leaning on late-summer heat to whittle away at a healthy supply cushion. Coast-to-coast cash losses saw NGI’s Spot Gas National Avg. slide 18.5 cents to $2.595/MMBtu. September Nymex futures, meanwhile, settled at $2.592, off 6.7 cents on the day…