Natural gas fell more than eight per cent at the start of the month as the economy’s balance shifted toward a supply glut. All pipes are open and gas is flowing normally to Europe from all regions, even at high levels in some, which means that Europe will get through
Natural gas prices were able to settle in the green, after four consecutive day’s fall. Furthermore, Natural Gas Prices found support after the EIA reported an unexpected decrease in inventories. Last week, US utilities experienced a loss of 7 billion cubic feet (bcf) of gas into storage, contrary to market
Natural gas futures sparked more than six percent yesterday as per recent natural gas outlook. Prices rebound strongly from the two-week low following a smaller-than-expected build and forecasts for colder than expected weather and higher heating demand over the next two weeks. New data from the EIA showed that US
Natural gas witnessed nearly nine percent fall since the start of the week. Prices retreated towards a two week low pressured by record output, mild weather and data showing a bigger than expected storage build last week. Prices fall significantly after weekly EIA nat-gas inventories rose +97 bcf, much higher
Natural gas witnessed more than 6% intraday gains, which was the highest gains after 7 August 2023 as pe the most recent Natural Gas Outlook. Prices jumped abruptly on a smaller-than-expected gain in weekly EIA gas inventories. Since 15 September 2023, we are bullish on the Natural gas prices, and
Natural gas prices inched higher near a one week high and settled with two percent gains. The recent spike was noted amid forecasts for hot U.S. temperatures next week that will boost gas demand from electricity providers to run air conditioning pushed prices higher. The Commodity Weather Group said above-average
Natural gas futures have stalled their recent gains and gave up more than three per cent yesterday. It was the first intraday losing streak since 20 June 2023. Today, U.S. gas storage is due to release from the Energy Information Administration, or EIA. U.S. utilities expect to add 83 bcf,
Natural gas futures posted their biggest weekly gain since 27th February 2023 last week. The gas prices jumped near to two months high on the back of what some sensed. Despite its supply glut, the fundamentals for the fuel are improving. However, prices gave up their earlier gains and retreated
Natural gas posted two and a half per cent intraday gain yesterday. Prices jumped to their two-week high, amid as the output cut perspective is beginning to influence trading in U.S. natural gas. Which rose almost 4.20% Monday. The front-month gas contract on the New York Mercantile Exchange’s Henry Hub
Natural gas tumbled more than 7.90% last week. Natural gas futures resumed their weekly trend in the red, after last week’s respite from three straight weeks of deficit.MCX Natural gas settled at 169.2 compared to previous close of 183.80. On a monthly basis, prices drop by 16.07%. The prices dropped
