NGI Mexico GPI

Scheduled gas flows to U.S. LNG terminals dropped more than 20% from Friday to Monday The prompt month closed below $2.000 for first time since early August Spot gas prices declined as overall weather patterns diminished cooling demand Natural gas futures plunged on Monday as traders digested weaker liquified natural gas (LNG) volumes, potential demand…

U.S. natural gas prices are expected to stabilize in a range of $2.00-$3.00/MMBtu by year-end and into 2021, while Brent crude oil is projected to close 2020 at $49/bbl, according to new forecasts from Moody’s Investors Service. Mexico natural gas prices and the crude oil export price of state oil company Petróleos Mexicanos (Pemex) are…

Positive finish Friday ensured that futures did not close below $2 LNG feed gas topped 7.70 Bcf Spot gas prices slid as weather demand abated Natural gas futures dropped further early Friday, extending the steep losses posted a day earlier following a robust storage injection that amplified already simmering worries about fall containment. The October…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following question-and-answer (Q&A) column as part of a regular interview series with experts in the Mexican natural gas market. This 39th Q&A in the series is with Patrick Rau, CFA. Rau is Director, Strategy & Research and…

The prompt month dropped more than 20 cents on the day The latest EIA storage report showed a robust injection ‘Nobody should be surprised the natural gas bubble has burst’ Natural Gas Futures Plummet as Imbalance Worries Intensify Natural gas futures plunged Thursday amid intensifying imbalance concerns and escalating worries about looming storage surpluses as…

Brazil is set to be the center of new liquefied natural gas (LNG) demand activity in Latin America at least over the next decade, according to experts who spoke at a webinar Tuesday organized by the Institute of the Americas. “Gas remains the transition fuel in Brazil because it allows for the highest possible penetration…

BREAKING: The U.S. EIA reported an injection of 89 Bcf into natural gas storage for the week ending Sept. 11, exceeding high end of analyst expectations Sally made landfall on Alabama’s coast Wednesday The hurricane delivered strong winds and massive flooding Natural gas futures rallied over the first two days of the week but gave…

Oil production at Mexico’s Ku-Maloob-Zaap (KMZ) offshore megafield continued to plunge in July, one of numerous headaches afflicting state oil company Petróleos Mexicanos (Pemex), according to the International Energy Agency (IEA). Mexico’s crude and condensate production dipped by 9,000 b/d in July versus June to 1.65 million b/d as freefalling production at KMZ “more than…

U.S. liquefied natural gas volumes held above 7 Bcf Production was down with analysts pointing to precautionary shut-ins as Hurricane Sally approached Spot gas prices moved lower along with milder temperatures Natural gas futures posted a second consecutive day of gains Tuesday as liquefied natural gas (LNG) levels remained strong and production was curtailed as…