Articles tagged natural gas demand

Pacific inventories of underground natural gas remain elevated relative to historical norms – but far less so than any other region.

North American natural gas futures were stuck again this week as persistent supply surpluses did little to excite bulls.

Natural gas futures, suppressed for most of July amid stronger production and supply surpluses, finished the month on a sour note.

August natural gas futures dropped below $2.00/MMBtu as near-term bearishness persisted, but shifts in sentiment and technical indicators implied higher prices when the September contract moves into the lead position on Tuesday.

Baseload natural gas prices continued to be mixed on Friday, the second day of August bidweek trading, with the bias to the downside at hubs in major producing regions.

Natural gas futures on Monday advanced for a third consecutive session as export activity improved and forecasts advertised stronger cooling demand over the dog days of summer in August.

Natural gas futures bounced higher in early trading Monday, supported by the continued recovery of a key Texas LNG terminal damaged by former Hurricane Beryl.

Pipeline operator Kinder Morgan Inc. (KMI) is moving ahead with a major natural gas pipeline expansion to serve growing demand from the electric power sector in the Southeast.

August Nymex natural gas futures were higher Friday, abruptly ending a three-day routing to close the week with a 6.1-cent gain, as traders covered short positions and anticipated a demand boost.

Prompt-month natural gas futures were on track to end a three-day losing streak through midday trading Friday, pushed higher by short sellers taking chips off the table ahead of the weekend.