Page 2 - Commodity Price News Today

"With the exception of three days in 2020 when the pandemic was ravaging energy markets, natural gas prices held above $1.59/MMbtu for the past 28 years – until last week." So says the experts at RBN Energy, who know about these things. So far this year, natural gas has averaged $2.36/MMBtu, compared to the average

Study outlines opportunity to accelerate expansion; advancing a Tier 1 asset All amounts in Canadian dollars except where otherwise noted After-tax NPV of C$3.25 billion at long-term gold price of US$1,800 per ounce , after taking into account... - Veroeffentlicht am 21.02.2024

Finally, here's a little good news to write about regarding the price of natural gas! The NYMEX front month futures contract yesterday started the day with a bang based on announcements from the previous evening (in advance of a conference call) from Chesapeake Energy that the company plans to scale back production by roughly 1

It feels like the NYMEX Henry Hub futures price for natural gas is in a free fall, heading for $1.50/MMBtu or (gasp) maybe even lower. Yesterday, the NYMEX price for the front month closed at $1.58/MMBtu. The price has been down for eight trading days in a row and is at the lowest price since

We're sad to have to report on yet another down day of the NYMEX Henry Hub natural gas futures contract. Yesterday, the NYMEX price closed at $1.77/MMBtu, the lowest closing price for the "front month" contract in 3 1/2 years (since Monday, July 27, 2020). Yesterday's closing price breaks through the latest "floor" of $1.80,

We report today in a companion story about the crash in the NYMEX price to $1.77/MMBtu that NGI's Spot Gas National Average jumped 36.5 cents to $2.115 yesterday based on winter weather forecasts in some states. What will the Henry Hub spot price (not the futures price, but the physically traded spot price) average for

The NYMEX Henry Hub futures price closed lower once again yesterday, at $1.92 (down a nickel from the previous day). These are prices we haven't seen in three years. The current crash in price is prompting analysts to speculate (with good reason) that it will result in less new gas well drilling in gas-focused plays,

Here we go, to the bad old days, once again. Yesterday, the "front month" or "prompt month" for the NYMEX Henry Hub futures contract closed below $2/MMBtu --- closing at $1.97. It is the lowest close for the NYMEX front month contract since September 2020, when it closed at $1.83. Yeah, the bad old days

Once a month, the analysts at the U.S. Energy Information Administration (EIA) issue the agency’s Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months or so. We sometimes poke good-natured fun at the EIA because their predictions go up in one month, and in

U.S. natural gas and power prices hit multi-year highs in mid-January with the prospect of frigid temps and snow storms in various portions of the country (see NatGas Prices Make Huge Jump on Deep Freeze – Some M-U Prices 4X). The NYMEX Henry Hub futures price hit $3.31/MMBtu just three weeks ago. A week later,