Articles tagged natural gas prices

Pressured ahead of Wednesday’s expiration, September Nymex natural gas futures slid another 5.2 cents Tuesday in low volume trade.

A force majeure on the Natural Gas Pipeline Co. of America LLC (NGPL) has cut feed gas deliveries to Cheniere Energy Inc.’s Sabine Pass LNG terminal through September, potentially increasing demand for natural gas from Henry Hub and Moss Bluff.

With supply appearing more than ample to meet demand through the waning days of summer, natural gas futures gave up more ground through midday trading Tuesday. Natural gas spot prices also fell.

Baseload natural gas prices declined on the first day of September bidweek trading on Monday, led lower by prices in West Texas sinking below zero.

Natural gas emissions continue to decline, but providing transparency about the methane intensity is an increasingly important selling point for many buyers, according to experts.

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.

Conditions are ripening for more storms to develop in the Atlantic basin by the end of this month, with storms likely to continue well into November, according to AccuWeather.

Natural gas futures nosedived Thursday after the market received bearish government inventory data and looming autumn weather presented the likelihood of fading cooling demand. Spot prices fell in tandem.

North America is swimming in natural gas and global demand still lags, but within a few months, opportunities are expected to open up as Gulf Coast and Western Canada exports expand and storage levels decline.

Natural gas futures seesawed in a narrow range of gains and losses for a second straight session on Wednesday. The prompt month hovered in the red by early afternoon trading as market participants weighed expectations for strong late-August cooling needs and bullish supply trends against expectations for retreating demand in the fall.