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2018-03-18 11:05:00

GAS PRICE: NOT ABOVE $2.700

GAS PRICE: NOT ABOVE $2.700

PLATTS - NYMEX April natural gas futures were little changed in overnight US trading as traders considered changing weather that spells diverging demand patterns.

At 6:50 am EDT (1050 GMT) the contract was 0.3 cents lower at $2.678/MMBtu.

Below-average temperatures continue to hold over much of the US in the latest projections from the National Weather Service, encompassing the entire eastern third of the US into most of the Midwest and a large section of the West in the six-to-10-day period then shifting in scope to grip nearly the entire northern US and the bulk of the Southwest in the eight-to-14-day period.

Average to above-average temperatures span most of the west-central US and the balance of the West in the shorter-range view then settle over the south further out.

Although lingering cold in store looks to generate late-season heating demand, higher outright temperatures look likely to limit this.

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Earlier:

 Prices
2018, March, 11, 11:40:00

GAS PRICES: ABOUT $2.732

PLATTS - The NYMEX April natural gas futures contract settled at $2.732/MMBtu Friday, shedding 2.4 cents day on day and notching its second decline in a row.

 

 Prices
2018, February, 5, 07:00:00

GAS PRICES: $2.900/MMBTU

PLATTS - NYMEX March natural gas futures ticked higher in buying at lows overnight in the US ahead of Friday's open. At 7:10 am ET (1210 GMT) the contract was 4.4 cents higher at $2.900/MMBtu, having shed 13.9 cents the previous day.

 

 Prices
2018, January, 29, 08:00:00

GAS PRICES: $3.505/MMBTU

PLATTS - The NYMEX February natural gas futures contract continued its surge Friday, as the February contract expired at $3.505/MMBtu, up 5.8 cents compared with Thursday's close.

 

 Prices
2018, January, 26, 12:10:00

GAS PRICES EXPECTATIONS 2018 - 19

EIA expects the Henry Hub natural gas spot price to average $2.88 per million British thermal units (MMBtu) in 2018 and $2.92/MMBtu in 2019, slightly lower than the 2017 average of $2.99/MMBtu. Lower prices in 2018 and 2019 reflect EIA’s expectation of increased natural gas production and relatively flat consumption.

 

 Prices
2018, January, 22, 07:45:00

GAS PRICES: $3.185/MMBTU

PLATTS - After see-sawing around Thursday's settle, the NYMEX February natural gas futures contract ultimately settled Friday at $3.185/MMBtu, 0.4 cent lower as an increasingly bearish demand picture forms through the end of January.

 

 Prices
2018, January, 3, 16:00:00

GAS PRICES UP TO $2.990/MMBTU

PLATTS - NYMEX February natural gas futures extended gains overnight in the US leading up to Tuesday's open, on the back of current and midrange weather support. At 7:20 am ET (1220 GMT) the contract was gripping the upside at $2.990/MMBtu, up 3.7 cents on the session.

 

 Prices
2017, December, 29, 11:40:00

GAS PRICES DOWN TO $2.643/MMBTU

PLATTS - After dropping 2.4 cents Tuesday to settle at $2.643/MMBtu, NYMEX January natural gas futures dipped then rallied ahead of Wednesday's open and the contract's expiry at the close of business, as traders mulled the likely impact on demand from weather outlooks.

Tags: GAS, PRICE

Chronicle:

GAS PRICE: NOT ABOVE $2.700
2018, April, 23, 14:25:00

U.S. SHALE OIL UP

FT - US shale oil companies have started to generate free cash thanks to the rise in crude prices, a landmark moment for an industry that has until now relied on an inflow of capital to support its growth.

GAS PRICE: NOT ABOVE $2.700
2018, April, 23, 14:20:00

WBG WANT COUNTRIES

WBG - Bank Group must strengthen its financial capacity to meet the aspirations of its shareholders, mobilize capital at scale, and respond to global development challenges.

GAS PRICE: NOT ABOVE $2.700
2018, April, 23, 14:15:00

IMF WANTS AFRICA

IMF - we agreed on the need to accelerate structural reforms and access to finance in order to raise overall investment and medium-term growth rates to support job creation. The Fund, through its policy advice, can assist countries to design and implement growth-friendly fiscal adjustment, when needed, that responds to the country-specific sources of debt vulnerabilities while preserving needed investments in infrastructure, human capital, and other priority expenditures

GAS PRICE: NOT ABOVE $2.700
2018, April, 23, 14:10:00

IMF'S CORRUPTION

IMF - Directors also agreed that the Fund should continue to address governance issues and corruption in surveillance when the applicable standard of the Integrated Surveillance Decision has been met.

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