NGI Mexico GPI

Editor’s Note: This is one of a 14-piece series NGI undertook as the energy industry readied for the new year, with Lower 48 natural gas and oil supply continuing to surge in an uncertain environment as liquefied natural gas exports ramp up, Mexico markets remain shrouded and stakeholders demand more value. Get your complimentary copy of NGI’s 2020 Special Report today.

With a new trade deal almost in place, U.S. private capital, with energy companies in the vanguard, could be poised to inject billions of dollars into Mexico’s wobbly economy.

After struggling to hold their head above water, natural gas futures sank Monday as sustained cold weather remained absent from long-range forecasts. The February Nymex gas futures contract, in its first day in the prompt-month position, settled at $2.186/MMBtu, down 4.5 cents from Friday’s close. March slipped 1.6 cents to $2.157.

Editor’s Note: This is one of a 14-piece series NGI undertook as the energy industry readied for the new year, with Lower 48 natural gas and oil supply continuing to surge in an uncertain environment as liquefied natural gas exports ramp up, Mexico markets remain shrouded and stakeholders demand more value. Get your complimentary copy of NGI’s 2020 Special Report today.

Weather models remained at the forefront of natural gas trading Friday, with futures quickly reversing the previous day’s gains as overnight data trended warmer. With volumes remaining light after the Christmas holiday, the January Nymex gas futures contract expired 13.6 cents lower day/day at $2.158/MMBtu. February, which takes the prompt position on Monday, settled at $2.231, down 5.4 cents.

Editor’s Note: Please enjoy this bonus coverage from NGI’s Mexico Gas Price Index, which includes daily prices, analysis and coverage of the emerging natural gas market in Mexico.Request a Trial | Subscribe

Editor’s Note: This is one of a 14-piece series NGI undertook as the energy industry readied for the new year, with Lower 48 natural gas and oil supply continuing to surge in an uncertain environment as liquefied natural gas exports ramp up, Mexico markets remain shrouded and stakeholders demand more value. Get your complimentary copy of NGI’s 2020 Special Report today.

Technical trading may have had a hand in sending natural gas futures sharply higher after the Christmas holiday. Despite a shift to the colder side in long-range weather outlooks, the intensity of Thursday’s rally indicated other factors may have been at play. The January Nymex gas futures contract surged 12.2 cents to settle Thursday at $2.294/MMBtu. February jumped 9.8 cents to $2.285.

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.