US natural gas extends gains as Isaias forms
US natural gas futures are higher, up 2.3% to $3.187/mmBtu, as Tropical Storm Isaias forms in the Gulf of Mexico and is expected to reach the US Gulf coast as a hurricane later this week.
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01:47:58 PM UTC
SquawkNews
Harvested grains traveling to ports in New Orleans via the Mississippi have so far had a smooth season, but may be in for shakeup if Tropical Storm Isaias becomes a hurricane and makes landfall off of the Gulf coast this weekend. "Freight remains relatively loose on the Lower and mixed across the l…
S. S. Gulf coast as a hurricane later this week. The storm could potentially affect nearly 10 Bcf of gas output by the end of the week, Gary Cunningham of Tradition Energy says in a note.
That potential cut, uncertain as it may be, is giving the bulls a chance to come out of the shadows and push November comfortably above the $3 mark. Production losses could be offset on the demand side by cooling wind and rain and possible shut-in LNG production, he adds. 187/mmBtu. October 07, 2026 09:28 ET (13:28 GMT)