Updated Aug 30, 2024
8/30/24
North American natural gas futures were once again above the $2.00/MMBtu mark as the market turned to the post-summer season.
By Andrew Baker on
Singapore-based LNG Alliance Pte Ltd., sponsor of the proposed Amigo LNG export project in Mexico, signed a long-term offtake agreement with Malaysia’s E&H Energy SDN BHD, the companies said.
By Kevin Dobbs on
Natural gas futures on Monday picked up where they left off last week – slumping amid hefty supply levels and signs of fading demand.
By Eduardo Prud’homme on
Natural gas demand in Mexico follows a well-known seasonal pattern. Demand peaks in the summer when the electricity sector is stressed by the load of air conditioning systems. As a result, the months of June to August require complete coordination and special attention from the operators of the electricity and gas networks.
By Jodi Shafto on
September Nymex natural gas futures were pummeled Thursday as the latest storage report outlined a relatively large build that, combined with shoulder season demand expectations, stoked end-of-season supply concerns.
By Christopher Lenton on
North American natural gas prices slumped this week as summer heat waned and supplies flooded the market.
By Jodi Shafto on
Responding to the latest storage print for the week ended Aug. 16, natural gas futures moved lower Thursday as a relatively large injection foiled the recent pace of tightening supply.
By Kevin Dobbs on
Permian Basin benchmark Waha cash prices, mired in a protracted slump amid limited natural gas takeaway capacity and a supply glut, may see the summer come and go without relief. But a massive new pipeline is slated to enter service this fall, promising to free up an abundance of associated gas and ease pricing pressure.
By Jodi Shafto on
September Nymex natural gas futures’ early attempt to extend a rally into Tuesday’s session failed amid expectations for demand weakness as weather outlooks pointed to increasingly mild conditions across major natural gas-consuming regions.
By Christopher Lenton on
Mexico needs to do more to develop its local natural gas industry, according to a new analysis from oil and gas trade group Asociación Mexicana de Empresas de Hidrocarburos (Amexhi).
By Jodi Shafto on
Demand in the crosshairs of the approaching fall held enough support Monday alongside signs of tighter supply to drive natural gas prices higher.
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By Andrew Baker and and 1 others on
