January Natural Gas Notches Modest Gain In Week’s Final Session

This post was originally published on this siteNymex January natural gas futures traded near unchanged in the week’s closing session, picking up a slight 1.2 cents to a settlement at $2.814/MMBtu. Participants expected the recent blast of cold weather would drive the first substantial withdrawal from natural gas inventories but saw little additional weather-related demand …

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December Natural Gas Bidweek Prices Mixed as Mild Forecasts, Stout Supply Blunt Some of Winter’s Impact

This post was originally published on this siteNatural gas prices were a mixed bag in December bidweek trading, with some support coming via the arrival of robust heating demand in northern markets and new pipeline capacity out of West Texas broadening its sales base. However, relatively balmy forecasts for early December and a hefty wall …

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Natural Gas Forwards Pressured Lower on Supply, Mild Temps; East Coast Basis Strengthens

This post was originally published on this siteFacing a mild December forecast and record-level production flowing into the market, regional natural gas forwards underwent widespread selling during the Nov. 22-29 period, NGI’s Forward Look data show. January fixed prices at benchmark Henry Hub sold off 17.8 cents to end the period at $2.819/MMBtu, and January …

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