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US natural gas prices dropped more than 3% to $3.11 per million British thermal units on Friday, their lowest level in over a week. Prices were down around 3% for the week, following a 6% gain the previous week. Average production across the Lower 48 states reached 110.8 billion cubic feet per day (bcfd) in October, be
Daily gas output seen at four-month low Daily gas flows to LNG export plants seen at five-month high Spot gas prices in Pennsylvania fall to lowest since November 2020 (Adds latest prices) By Scott DiSavino NEW YORK, Oct 12 (Reuters) — US natural gas futures settled down by about 2% on Monday on forecasts for milder we
Daily gas output seen at four-month low Daily gas flows to LNG export plants seen at five-month high Spot gas prices in Pennsylvania fall to lowest since November 2020 By Scott DiSavino NEW YORK, Oct 12 (Reuters) — US natural gas futures fell about 3% on Monday on forecasts for less demand next week than previously exp
Front-month November US natural gas futures rose 1.9 cents to $3.085 per million British thermal units (mmBtu). Daily output slid to a four-month low of 108.9 bcfd on Tuesday amid pipeline problems, while LNG feedgas rose to a one-week high of 17.6 bcfd.
Front-month US gas futures rose 3.1 cents to settle at $3.066 per mmBtu, their highest close since Sept. 25, as demand forecasts increased and output slipped due to a force majeure on Enbridge's Texas Eastern pipeline in Kentucky. The November-December spread also fell to a record low.
US natural gas prices slipped below $3.00 per MMBtu, reaching a one-week low as traders anticipated stronger production and relatively mild weather that could limit demand for both heating and cooling. The EIA reported a 64 bcf increase in gas storage for the week through September 25, matching forecasts but remaining
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
November gas futures fell 3.1% to $3.011 per mmBtu as forecasts pointed to lower near-term demand and expectations of higher output grew. LSEG said US demand is seen rising next week, while storage surplus is expected to narrow to 2.4% above the five-year average.
November gas futures fell 2.0% to $3.043 per mmBtu as forecasts pointed to weaker demand this week and higher output after the Mountaineer XPress pipeline returned to service. Analysts estimated US gas inventories at 2.4% above the five-year average for the week ended September 25.
October US natural gas futures fell 3.2% to $3.095 per mmBtu as the Mountaineer XPress pipe in West Virginia returned to service. Northeast spot prices also dropped below $1 per mmBtu, with New York, New England and the Mid-Atlantic hitting multi-year lows.
US natural gas prices fell more than 1% to $2.85/MMBtu on Friday, erasing the previous session’s gains as weather forecasts turned cooler. Above-average temperatures are now expected to cover a smaller area of the South and Southeast from September 22 to October 1, potentially curbing gas demand from power generators f