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US natural gas prices fell below $3.0 per MMBtu on the first day of October, the lowest level in a week, amid the prospect of limited heating and cooling demand. Forecasts indicated that average weather across the country will remain mostly near normal through October 15, reducing the potential for a significant increa
Analysts said ample US production and above-normal inventories should keep supplies well balanced into winter. They said LNG exports and power demand may offset some of the demand hit from warmer weather.
US natural gas prices slipped more than 2% to around $3.04 per MMBtu on Tuesday, marking a third consecutive decline as forecasts pointed to limited heating and cooling demand. The NOAA’s latest outlook calls for mostly near-normal temperatures across the eastern US over the next two weeks, reducing expectations for a
US natural gas prices steadied around $3.12/MMBtu on Tuesday after a two-day decline, as traders weighed the return of the Mountaineer XPress pipeline in West Virginia against improving LNG export demand and forecasts for continued hot weather. TC Energy lifted the force majeure on Sunday after repairs were completed o
US natural gas prices fell for a second session to around $3.11/MMBtu on Monday, as the market awaited further updates on the Mountaineer XPress pipeline in West Virginia. TC Energy’s Columbia Gas Transmission unit said on Friday that crews were working to resolve the issue as quickly as possible after declaring force
US natural gas prices fell to $3.16 per MMBtu on Friday as traders took profits after prices surged to a 13-week high in the previous session amid supply disruptions in West Virginia. TC Energy’s Columbia Gas Transmission pipeline in Appalachia declared force majeure due to an unexpected mechanical issue, prompting the
US natural gas prices rose to $3.07 per million British thermal units, their highest level since July 8, after an EIA report showed a storage build broadly in line with expectations. Energy firms added 53 billion cubic feet to inventories in the week ended September 18, below the 77 bcf increase recorded a year earlier
UK natural gas prices rose above 183 pence per therm on Tuesday, after sliding more than 8% to a two-week low in the previous session on renewed diplomatic efforts to end the Middle East war and improving vessel flows. Investors are awaiting developments on potential talks between US President Trump and Iranian Preside
(Adds closing prices) October contract is up about 3% this week after last week's 5% decline Calendar 2027 gas futures hit their lowest average since February 2022 Cove Point maintenance could curb recent export-plant feedgas gains European and Asian benchmarks hover near 44-month highs, far above Henry Hub By Scott Di
Front-month October NYMEX gas (NG1!) fell 1.5 cents (0.5%) to $2.876 per million British thermal units ahead of the storage report, after daily LNG export flows declined to a three-week low.
UK natural gas fell to 201 pence per therm on Friday but remained near the highest level since December 2022 as Persian Gulf LNG supply disruptions continue.