Page 39 - Socal Border News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Natural Gas Forward Curves Hit Pause After Recent Gains, but Backdrop Increasingly Supportive Shoulder-season doldrums took hold of natural gas forward curves for the trading period ending May 5 as mild weather stole some of the momentum away from strong export demand. June forward prices averaged exactly flat for the period amid a mix of small gains and losses, while the balance of summer (June-October) eked out a modest 1.0-cent increase, according to Slightly stronger gains were seen for the upcoming winter (November-March) and summer 2022 (April-October) strips, fueled by a storage defic...

Lifted by Exports, May Natural Gas Futures Finish Strong LNG feed gas volumes hovered close to 2021 highs Pipeline exports to Mexico also held strong Forecasters are calling for below-average temperatures Natural gas futures forged higher on Friday, marking the fourth time during the week the prompt month finished in the green. Robust liquefied natural gas (LNG) volumes, coupled with seasonally strong weather-driven demand, fueled the rally.  The May Nymex contract settled at $2.680/MMBtu Friday, up 2.2 cents day/day. June advanced 2.4 cents to $2.754. NGI’s Spot GasNational Avg. slipped 2...

Pressure Eases on Natural Gas Prices, with May Futures Up After Storage Report Natural gas futures prices rebounded Thursday as the government’s weekly inventory report proved bullish, and both weather forecasts and demand for U.S. exports remained favorable. The May Nymex contract settled at $2.658/MMBtu, up 4.0 cents day/day. June gained 3.7 cents to $2.730. NGI’s Spot Gas National Avg. rose 4.5 cents to $2.565, continuing a weeklong rally amid chilly conditions and seasonally strong heating demand in the eastern half of the country. The prompt month ticked down by a tenth of a cent on ...

Weekly Natural Gas Prices Advance as Temperatures Drop and Heating Demand Mounts In a stretch of trading defined by a barrage of chilly weather systems, weekly cash prices consistently gained ground amid steady heating demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the April 12-16 period climbed 24.5 cents to $2.495, with cash prices advancing four of the trading week’s five days. The May Nymex natural gas futures contract, meanwhile, also forged ahead and settled at $2.680/MMBtu to close the trading week, up 6% from the prior week’s finish. Futures finished...

With Spring Chill and Export Momentum, May Natural Gas Futures Close Week on High Note Natural gas futures forged higher on Friday, marking the fourth time during the week the prompt month finished in the green. Robust liquefied natural gas (LNG) volumes, coupled with seasonally strong weather-driven demand, fueled the rally.   The May Nymex contract settled at $2.680/MMBtu Friday, up 2.2 cents day/day. June advanced 2.4 cents to $2.754. NGI’s Spot Gas National Avg. slipped 2.0 cents to $2.545, marking its first decline in an otherwise strong week for cash prices. LNG feed gas volumes hov...