(US News) – U.S. natural gas futures edged up about 1% on Friday on record flows to liquefied natural gas (LNG) export plants. Front-month gas futures for April delivery on the New York Mercantile Exchange rose 5.3 cents, or 1.3%, to $4.028 per million British thermal units (mmBtu) at 9:16 a.m. EDT (1316 GMT). On Thursday, the contract closed at
BOE Report The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-month high on Sunday in what energy traders said was another sign that the plant was wrapping up a series of outages over the past month or so. The startup and shutdown of Freeport and other U.S. liquefied natural gas (LNG) export
Nasdaq U.S. natural gas futures edged up about 1% on Tuesday to a fresh eight-month high on rising exports and higher global gas prices. That price increase came despite forecasts for milder weather and less heating demand over the next two weeks than previously expected. Front-month gas futures NGc1 for November delivery on the New York Mercantile Exchange rose 2.7 cents, or 0.8%,
Nasdaq U.S. natural gas futures slid about 2% on Tuesday with a major, demand-destroying hurricane expected to hit Florida on Wednesday and forecasts for less hot weather and lower gas use next week than previously expected. Hurricane Idalia is expected to strengthen into a major hurricane with maximum sustained winds of 120 miles per hour (193 kilometers per hour) before hitting
Nasdaq U.S. natural gas futures eased about 1% to a fresh three-week low on Monday on rising output and forecasts for less hot weather over the next two weeks than previously expected. That lack of price movement came even though the country’s overall weather will remain hotter-than-normal (just not as hot as previously excepted last week) through the start of August,
BOE Report U.S. natural gas futures held near a three-month high on Tuesday, on a drop in output and forecasts for the weather to remain hot through mid-July, especially in Texas. That lack of price movement came despite forecasts for less demand this week than previously expected, due in part to a decline in the amount of gas flowing to liquefied
Nasdaq U.S. natural gas futures fell about 3% to a one-week low on Tuesday with U.S. output on track to hit a monthly record high and as exports from Canada increase as some producers in Alberta return to the wellpad after wildfires. That price decline came despite forecasts for a little more U.S. gas demand over the next two weeks
Nasdaq U.S. natural gas futures jumped about 5% to a one-week high on Friday on forecasts for more demand next week than previously expected with rising amounts of gas flowing to liquefied natural gas (LNG) export plants, but they remained on track to drop by a record 51% this quarter. Feedgas to those LNG export plants climbed after Freeport LNG’s
Nasdaq U.S. natural gas futures declined about 2% on Wednesday after data showed the amount of gas flowing to Freeport LNG’s export plant in Texas had dropped and forecasts indicated the weather in the near term would be warmer than previously expected. Front-month gas futures for April delivery had fallen 6.2 cents, or 2.3%, to $2.625 per million British thermal
BOE Report U.S. natural gas futures rose about 3% on Thursday as the amount of gas flowing to liquefied natural gas (LNG) export plants rose to a fresh eight-month high, with Freeport LNG’s plant in Texas receiving lots of gas as it prepares to exit a long outage. That price increase came despite forecasts for less cold weather and
BOE Report U.S. natural gas futures held near an 18-month low on Thursday as the market waits for direction from a federal report expected to show last week’s storage withdrawal was much smaller than usual because the weather then was warmer than normal, keeping heating demand low. That lack of price movement came despite bullish forecasts for colder weather and
BOE Report U.S. natural gas futures fell about 4% on Tuesday on rising output and forecasts for lower heating demand than previously expected for this week. The price decline came despite forecasts for the weather to change from the current unseasonably warm conditions to colder weather more usual for the time of year. Front-month gas futures for February delivery
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