NGI Data

August natural gas futures rebounded Tuesday amid news of continued robust exports to Mexico and a varied weather outlook that anticipates cooler near-term conditions but potential for heat to intensify in coming weeks. Analysts cautioned trading would be choppy ahead of the September contract becoming the front month on Thursday. The August Nymex contract rose…

Natural gas futures advanced Wednesday as markets mulled prospects for continued intense heat along and estimates for a bullish storage injection report. The August Nymex contract advanced 3.2 cents day/day and settled at $1.778/MMBtu. September rose 3.1 cents to $1.818.  NGI’s Spot Gas National Avg. declined a half-cent to $1.670. Bespoke Weather Services said that…

Ongoing expectations for above-normal temperatures and strong cooling demand through July and beyond nudged August natural gas futures higher Tuesday. The August Nymex contract rose seven-tenths of cent day/day and settled at $1.746/MMBtu. September, however, decreased 1.0 cent to $1.787.  NGI’s Spot Gas National Avg. declined 4.5 cents to $1.675. While the latest forecasts lack…

Spot prices surged over the course of the week as robust heat stretched across the country, with highs reaching into the triple-digits over swaths of Texas and the Southwest. Strong cooling demand propelled weekly spot gas prices for the July 6-10 period. NGI’s Weekly Spot Gas National Avg. advanced 22.0 cents to $1.730. Though forecasts…

Though forecasts eased some early Friday, expectations for continued extreme summer heat and robust cooling demand outshined a weak outlook for liquefied natural gas (LNG) and storage concerns, helping natural gas futures rebound from losses a day earlier. The August Nymex contract gained 2.6 cents day/day and settled at $1.805/MMBtu. September rose 2.6 cents to…

Newly intensified coronavirus outbreaks threatened energy demand, but rising summer temperatures across much of the Lower 48 boosted cash prices for the June 22-26 period. NGI’s Weekly Spot Gas National Avg. for the June 22-26 period climbed 9.5 cents to $1.520. Stronger summer conditions took hold during the week – following a relatively mild stretch…

Cooler temperatures and soft demand in the natural gas cash market, along with ongoing liquefied natural gas (LNG) woes, weighed down futures again Tuesday, with prices hitting a new daily low in June for a third consecutive trading day.

Natural gas futures tumbled Friday as markets absorbed forecasts for cooler weather, concerns about bloated inventories and declining liquefied natural gas (LNG) volumes. The July Nymex contract settled at $1.731/MMBtu, down 8.2 cents day/day. August fell 8.5 cents to $1.815.

The year started as 2019 had ended for leading natural gas marketers, with 1Q2020 continuing the sales declines that have hampered the industry for four consecutive quarters, according to NGI’s Top North American Natural Gas Marketers rankings.