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Daily Lower 48 output tracks five-month low of 108.8 bcfd after West Virginia pipeline force majeure Analysts forecast 76 bcf storage build for week ended October 9 Storage surplus likely narrowed to 1.5% above five-year norm from 2.0% a week earlier By Scott DiSavino NEW YORK, Oct 15 (Reuters) — US natural gas futures
US natural gas futures rose to around $3.25 per million British thermal units on Thursday, moving back near a three-week high as market attention turned to the EIA’s weekly storage report due later in the day. Analysts expect the storage surplus to narrow to 1.6% above seasonal norms in the week ended October 9, from 2
US storage likely slipped to 1.5% above five-year average in week ended October 9, analysts estimate Feedgas to nine major LNG plants averaged 17.5 bcfd in October, below September US prices stayed muted despite Europe and Asia benchmarks near multi-year highs (Adds latest prices) By Scott DiSavino NEW YORK, Oct 14 (Re
US storage likely slipped to 1.6% above five-year average in week ended October 9, analysts estimate Feedgas to nine major LNG plants averaged 17.5 bcfd in October, below September US prices stayed muted despite Europe and Asia benchmarks near multi-year highs By Scott DiSavino NEW YORK, Oct 14 (Reuters) — US natural g
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 futures held steady as forecasts predicted stable demand for the next two weeks. Output has been averaging lower due to pipeline maintenance, but the market anticipates an increase once the Mountaineer XPress pipe returns to full service. US storage surplus is expected to shrink to 2.4% above the five-ye
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.
(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
US natural gas prices rose to around $2.79 per million British thermal units on Friday, gaining more than 2% for a second consecutive week amid expectations of persistent summer heat and abundant supply.