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Supplydemand

All articles tagged with #supplydemand

energy-markets2 years ago•1 min saved

"Forecast: U.S. Natural Gas Prices Set to Rise as Glut Subsides"

U.S. natural gas markets are experiencing a significant downturn, with futures dropping to levels not seen since the Covid-19 pandemic. Analysts anticipate potential catalysts that could establish a floor and pave the way for a recovery. The March Nymex contract fell below $2.000/MMBtu and has continued to decline, while Henry Hub spot prices also reached lows not seen since 2020. The market is facing supply/demand imbalances and bearish government inventory reports, indicating a challenging outlook for natural gas prices.

via Natural Gas Intelligence|

#eandp #energy-markets #futures

energy3 years ago•5 min saved

Natural Gas Futures and Prices Fluctuate Amidst Record-Low Withdrawals and Mild Weather.

May natural gas futures fell on Thursday after a bearish storage print confirmed supply/demand imbalance concerns heading into shoulder season. The May Nymex gas futures contract lost 8.0 cents day/day and settled at $2.104/MMBtu. Production held above 100 Bcf/d on Thursday, as it has throughout the trading week and much of 2023. National Weather Service forecasts, meanwhile, continued to show increasingly benign conditions heading into April. Mild weather and robust output have kept inventory data in check throughout the first quarter of this year.

via Natural Gas Intelligence|

#energy #futures #natural-gas