NGI Weekly Gas Price Index

Weekly Natural Gas Spot Prices Mixed Due to Weather; Futures Soar on Tighter Balance

Weekly Natural Gas Spot Prices Mixed Due to Weather; Futures Soar on Tighter Balance

Weekly natural gas cash prices were mixed, as a preview of summer weather sent demand higher in portions of the country, and pipeline maintenance underway or ending provided varied directional support. NGI’s Weekly Spot Gas National Avg. for the May 13-17 period rose 24.0 cents week/week to $1.665/MMBtu. Futures, meanwhile, spent the bulk of the…

May 17, 2024
Weekly Natural Gas Spot Prices Mixed Due to Waha Wildcard; Futures Rally on Lighter Production

Weekly Natural Gas Spot Prices Mixed Due to Waha Wildcard; Futures Rally on Lighter Production

Weekly natural gas cash prices were mixed as continued declines in production and pockets of strong demand empowered bulls, but weakness in West Texas kept bears in that region on the prowl.   NGI’s Weekly Spot Gas National Avg. for the May 6-10 period rose 4.0 cents to $1.425/MMBtu. Futures, meanwhile, rallied much of the week.…

May 10, 2024
Weekly Natural Gas Spot Prices, Futures Advance Amid Lighter Production, Looming Demand   

Weekly Natural Gas Spot Prices, Futures Advance Amid Lighter Production, Looming Demand   

Weekly natural gas cash prices pushed upward, supported by lower production activity and forecasts for intensifying heat. Those catalysts also bolstered futures. NGI’s Weekly Spot Gas National Avg. for the April 30-May 3 period rose 15.5 cents to $1.385/MMBtu. As the trading week closed, leading gainers included Florida Gas Zone 3, up 36.0 cents to…

May 3, 2024
Weekly Natural Gas Cash Spot Prices Move Higher as Futures Stumble 

Weekly Natural Gas Cash Spot Prices Move Higher as Futures Stumble 

Weekly natural gas cash prices gained ground on the back of strong gains in West Texas in a week that was marked by stronger LNG feed gas flows and modestly higher weather-driven demand.  NGI’s Weekly Spot Gas National Avg. for the April 22-26 trading period climbed 9.5 cents to $1.230/MMBtu. Among the top weekly gainers,…

April 26, 2024
West Texas Clawing Back as Volatile Week Ends with Natural Gas Prices Still Lower; Futures Slip

West Texas Clawing Back as Volatile Week Ends with Natural Gas Prices Still Lower; Futures Slip

Struggles defined the weekly natural gas cash market as prices bounced between gains and losses amid seasonal factors including fickle weather and maintenance activity.  NGI’s Weekly Spot Gas National Avg. for the April 15-19 period ultimately lost 7.5 cents to $1.135/MMBtu. Meanwhile, the May Nymex futures contract jumped early in the week after reports of…

April 19, 2024
Negative West Texas Prices Weigh Down Weekly Spot Natural Gas Average; Futures See-Saw

Negative West Texas Prices Weigh Down Weekly Spot Natural Gas Average; Futures See-Saw

Despite bullish national production readings, weekly natural gas cash prices retreated alongside a West Texas supply glut and festering headwinds in the region.  NGI’s Weekly Spot Gas National Avg. for the April 8-12 period lost 25.0 cents to $1.210/MMBtu. West Texas prices, as they did the prior week, proved the principal source of weakness. Waha…

April 12, 2024
Weekly Natural Gas Spot Prices, Futures Uneven Amid Mixed Fundamentals

Weekly Natural Gas Spot Prices, Futures Uneven Amid Mixed Fundamentals

Weekly natural gas cash prices gained ground overall amid a rash of chilly northern temperatures, but pockets of weakness, particularly in West Texas, tempered the advance. NGI’s Weekly Spot Gas National Avg. for the April 1-5 period rose 16.0 cents to $1.460/MMBtu. As the trading week culminated, leading gainers included Michigan Consolidated, up 25.0 cents…

April 5, 2024
NGI Completes Annual Price Index Audit

NGI Completes Annual Price Index Audit

Natural Gas Intelligence (NGI), a leading Price Reporting Agency (PRA) covering the North American natural gas market since 1981, has successfully completed its annual audit for 2023 pertaining to the processes and procedures for compiling NGI’s Daily, Weekly and Monthly (Bidweek) natural gas price indexes. NGI is proud to announce that no exceptions were found.…

April 3, 2024
Weekly Natural Gas Spot Prices, Futures Flounder Amid Mild Weather Outlook, West Texas Weakness

Weekly Natural Gas Spot Prices, Futures Flounder Amid Mild Weather Outlook, West Texas Weakness

Weekly natural gas cash prices gave up modest ground despite a dose of chilly temperatures and lighter production readings to launch into the spring season.   In a Good Friday holiday-abbreviated week, NGI’s Weekly Spot Gas National Avg. for the March 25-27 trading period shed 5.5 cents to $1.300/MMBtu. Gas during the period was to flow…

March 28, 2024
Weekly Natural Gas Cash Prices Vary as Late Chill Supports

Weekly Natural Gas Cash Prices Vary as Late Chill Supports

Weekly natural gas cash prices were mixed during the week as some regions were supported by cold weather-driven demand, offset by widening storage surpluses and Freeport LNG’s plans to take two trains offline.   NGI’s Weekly Spot Gas National Avg. for the March 18-22 trading period gained 13.0 cents/MMBtu to $1.355. West Texas hub values mostly…

March 22, 2024
‹ Previous 1 2 3 62