MCX natural gas futures sparked above 14% last week that was the largest gains since September this year. The prices found support following the US gas prices jumped to a 23-month high on Friday on early forecasts for much colder weather in mid-January that could freeze oil and gas wells
U.S. natural gas price found support, rebounding from a two-week low due to increased feedgas flows to LNG export plants. Forecasts indicate a shift from colder-than-normal weather through December 7 to warmer-than-normal conditions afterward, potentially lowering heating demand. Natural gas production in the Lower 48 states rose to 102.3 bcfd
Global natural gas prices have surged to an 11-month high, driven by colder weather forecasts and a drop in wind power generation. Britain’s gas demand is expected to spike significantly, with a marked increase forecast for the next day and further rises anticipated for the upcoming workweek. The colder weather
Natural gas futures rose by about 2% to a 12-week high on Monday, as oil and gas producers continued to reduce output after months of relatively low prices. Front-month gas futures for October delivery on the New York Mercantile Exchange (NG1!) increased by 5.9 cents, or 2.4%, to $2.493 per
Natural gas prices recovered from a near four-month low on Wednesday and closed up more than 12 percent in the MCX sector. There was a brief hedge in prices when Atmospheric G2 said updated forecasts show the US warming by 2-6. September, the need for energy providers to control the
Natural gas prices dip amid warmer weather and lower demand, defying storage trends. U.S. gas futures fell more than 1 percent on Thursday amid forecasts of warmer weather and weaker-than-expected demand over the next two weeks recently. Futures for NG1 gas for September delivery on the New York Mercantile Exchange
The price of natural gas fell more than six percent on Wednesday. Prices fell to a 10-week low amid a forecast of cooler-than-expected weather for the next two weeks and lower raw materials from liquefied natural gas (LNG) export facilities, largely due to the shutdown of Freeport, Texas LNG due
The Natural gas price will drop by more than two and a half percent on Thursday. Ahead of Independence Day, prices fall to seven-week lows in thin e-commerce as long-term forecasts cool. The decline comes as the National Weather Service predicts a 6- to 10-day forecast for much of the
Natural gas prices managed to recover from yesterday’s lows. Prices recovered after Norwegian grid operator Gassco confirmed the current outage would be short-lived. Earlier this Monday, gas prices rose on general risk as Norway had to report an unexpected power outage. That is why it is very difficult for Europe
Natural Gas price touched sixth month high on Friday, green with traders brushing off the Nonfarm Payrolls print. Now the focus is shift on the short-term surge in demand by Egypt that is facing energy issues over the summer. By issuing a chunky tenor, markets see a squeeze in prices
