Updated Aug 30, 2024
8/30/24
Natural gas forwards slipped at the front of the curve for most locations alongside trimmed demand expectations for September, while hubs in Canada posted gains ahead of the nation’s first LNG export terminal.
By Chris Newman
on
By Jodi Shafto on
Against a backdrop of solid demand, possible production cuts and potentially modest August storage injections, natural gas forward prices during the Aug. 1-8 trading period found room to move higher.
By Leticia Gonzales on
Natural gas forward basis prices slumped during the July 25-31 trading period, weighed down by a cooling August forecast, robust production and stubbornly high storage inventories. September basis dropped by an average 7.5 cents through the period, with the western United States leading the declines, according to NGI’s Forward Look.
By Jodi Shafto on
Modest and directionally mixed forward prices during the July 18-24 trading period hinted at impending strength in natural gas markets amidst ongoing supply concerns and changing weather patterns.
By Leticia Gonzales on
The fairytale for the natural gas market is likely going to be a 2025 story as robust production and choppy demand continued to weigh down forward prices during the July 11-17 trading period, according to NGI’s Forward Look.
By Kevin Dobbs on
Against a backdrop of strong production, stout supplies in storage and a demand-thwarting hurricane, natural gas forward prices struggled for direction and ultimately gave up ground.
By Kevin Dobbs on
Natural gas forward prices maintained a bullish hue in parts of the West as intensifying heat propelled demand expectations, but robust national supply and mixed weather outlooks fostered bearish sentiment elsewhere. Prices broadly retreated.
By Chris Newman on
With summer heat falling short of record forecasts and natural gas storage levels still well above historical levels, gas forwards slipped at the front of the curve during the June 20-26 trading period, according to NGI’s Forward Look.
By Chris Newman on
Natural gas forwards advanced across portions of the East from June 13-18, bolstered by sweltering forecasts and a new pipeline expanding the reach of Appalachian Basin gas, according to NGI’s Forward Look.
By Leticia Gonzales on
Impressive heat in the forecast for the second half of June sparked a rally in the natural gas forwards markets from June 6-12, with double-digit gains spread across most of the Lower 48, according to NGI’s Forward Look.
By Jeremiah Shelor on
Natural gas forwards underwent mixed changes during the May 30-June 5 trading period, though numerous hubs pushed higher as forecasts drove optimism around cooling demand potential into the second half of June.
Viewing 1 – 10 of 432.
