Weekly Natural Gas Cash Prices Decline Amid Milder Weather, West Texas Glut
By Chris Newman on
Weekly natural gas cash prices sank as former Hurricane Debby curbed demand in the East and West Texas prices sank deeper into the negative.
Natural gas spot prices were lower in a week marked by declining demand expectations on the cusp of the fall shoulder season and a slower drawdown of storage surpluses that fed fresh concerns about the stubbornly high Lower 48 supply.
By Jodi Shafto
onBy Chris Newman on
Weekly natural gas cash prices sank as former Hurricane Debby curbed demand in the East and West Texas prices sank deeper into the negative.
By Chris Newman on
Weekly natural gas cash prices slipped lower in the week as abundant Lower 48 supply undercut support from strong cooling demand and LNG feed gas flows.
By Kevin Dobbs on
Weekly natural gas cash prices retreated amid seasonally mild temperatures in key sections of the Lower 48 and strong national production.
By Kevin Dobbs on
Weekly natural gas cash prices drifted lower despite sizzling summer temperatures across much of the Lower 48 and maintenance work in the Permian Basin that temporarily lowered production below the century mark.
By Jodi Shafto on
Weekly natural gas cash prices were higher amid demand impacted by a heat wave and former Hurricane Beryl, while a slow inventory reduction that was spooking the futures market empowered the bears.
By Jodi Shafto on
In the workweek ahead of the Fourth of July, natural gas cash prices dropped amid strong production and easing demand because of a cooldown in the country’s midsection and business closures for the holiday.
By Kevin Dobbs on
Weekly natural gas cash prices dropped in the final week of June – after rallying through the first three weeks of the month – despite exceptional early summer heat and forecasts for more to come.
By Kevin Dobbs on
Weekly natural gas cash prices advanced amid sizzling summer temperatures and robust cooling demand across wide swaths of the Midwest and East.
By Chris Newman on
Weekly natural gas cash prices jumped across regions as summer heat ramped up ahead of record levels later this month. Futures topped $3/MMBtu before falling back on hints of higher production.
By Chris Newman on
Weekly natural gas cash prices moved higher as hot weather in the West gave the country its first decent bout of the summer-like cooling demand. Futures, anticipating more sweltering heat in the weeks ahead, leapt higher.
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