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The Latest Breaking News from BNEF

Nat-Gas Prices Plummet on a Glut of US Supplies

August Nymex natural gas (NGQ24 ) on Wednesday closed down by -0.153 (-6.99%). Aug nat-gas prices Wednesday plummeted to a 2-1/2 month low and closed sharply lower. A glut of US nat-ga supplies continues to undercut prices, with nat-gas inventories +18.7% above their 5-year seasonal average as of July 5....

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Nat-Gas Prices Settle Higher as European Gas Prices Jump

August Nymex natural gas (NGQ24 ) on Tuesday closed up by +0.030 (+1.39%). Aug nat-gas prices settled moderately higher on Tuesday. Short covering emerged in nat-gas futures Tuesday on carryover support from a +4% rally in European nat-gas prices to a 1-week high. Weather forecasts are mixed for nat-gas, as...

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Nat-Gas Prices Fall Sharply as US Weather Forecasts Cool

August Nymex natural gas (NGQ24 ) on Monday closed down by -0.171 (-7.34%). Aug nat-gas prices Monday sank to a 2-1/4 month low and closed sharply lower. Nat-gas prices were undercut by forecasts for cooler US temperatures that would reduce demand from electricity providers to run air conditioning. Forecaster Maxar...

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Nat-Gas Prices Rebound as Dollar Weakness Sparks Short Covering

August Nymex natural gas (NGQ24 ) on Friday closed up by +0.061 (+2.69%). Aug nat-gas prices Friday recovered from a 2-month low and posted moderate gains. Short-covering emerged in nat-gas futures Friday after the dollar index tumbled to a 5-week low. The weather picture is mixed for nat-gas prices. The...

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Nat-Gas Prices Tumble on Elevated US Storage Levels

August Nymex natural gas (NGQ24 ) on Thursday closed down by -0.061 (-2.62%). Aug nat-gas prices Thursday tumbled to an 8-week low on abundant US nat-gas supplies. Thursday's weekly report from the EIA showed nat-gas inventories rose +65 bcf, above expectations of +58 bcf, leaving gas supplies +18.7% above the...

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Nat-Gas Prices Slide as US Weather Forecasts Turn Cooler

August Nymex natural gas (NGQ24 ) on Wednesday closed down by -0.015 (-0.64%). Aug nat-gas prices posted moderate losses on Wednesday. Prices came under pressure Wednesday after US weather forecasts shifted cooler, which will curb nat-gas demand from electricity providers to power air conditioning. The Commodity Weather Group said Wednesday...

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Nat-Gas Prices Erase Early Gains as Hot US Temps Expected to Moderate

August Nymex natural gas (NGQ24 ) on Tuesday closed down by -0.022 (-0.93%). Aug nat-gas prices on Tuesday erased an early advance and settled moderately lower. Long liquidation emerged in nat-gas futures Tuesday after updated US weather forecasts called for hot temperatures to moderate at the end of next week....

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Nat-Gas Prices Recover on Hotter US Weather Forecasts

August Nymex natural gas (NGQ24 ) on Monday closed up by +0.047 (+2.03%). Aug nat-gas prices Monday recovered from an 8-week low and settled moderately higher. Short-covering emerged Monday after forecasts called for warmer US temperatures in the middle of this month, which will boost nat-gas demand from electricity providers...

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Abundant US Nat-Gas Supplies Weigh on Prices

August Nymex natural gas (NGQ24 ) on Friday closed down by -0.099 (-4.09%). Aug nat-gas prices Friday declined for the eighth consecutive session and posted a 7-week low. Nat-gas prices remain under pressure due to abundant supplies as US nat-gas inventories as of June 28 were +18.8% above their 5-year...

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Nat-Gas Prices Under Pressure as US Weather Forecasts Shift Cooler

August Nymex natural gas (NGQ24 ) on Wednesday closed down by -0.017 (-0.70%). Aug nat-gas prices Wednesday moved lower for the seventh consecutive session and posted a 7-week low. Nat-gas prices remain under pressure as weather forecasts have been trending cooler in the US, which will curb nat-gas demand from...

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Nat-Gas Prices Retreat as US Temperatures Cool

August Nymex natural gas (NGQ24 ) on Tuesday closed down by -0.043 (-1.74%). Aug nat-gas prices Tuesday moved lower for the sixth consecutive session and posted a 7-week low. Nat-gas prices remain under pressure as US gas storage is +20.6% above the 5-year seasonal average, signaling robust supplies. Also, weather...

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Nat-Gas Prices Pressured by Cooler US Weather Forecasts

August Nymex natural gas (NGQ24 ) on Monday closed down by -0.123 (-4.73%). Aug nat-gas prices Monday fell sharply to a 5-week low. Nat-gas prices are being pressured by the outlook for cooler US temperatures, which will curb nat-gas demand from electricity providers to run air-conditioning. Forecaster Maxar Technologies said...

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Nat-Gas Prices Fall on Elevated US Inventories

August Nymex natural gas (NGQ24 ) on Friday closed down by -0.084 (-3.13%). Aug nat-gas prices Friday extended this week's decline to a 3-1/2 week low. Elevated US nat-gas inventories are pressuring prices. As of June 21, nat-gas inventories were +20.6% above their 5-year seasonal average, signaling ample nat-gas supplies....

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Nat-Gas Prices Pressured by Forecasts for Cooler US Temps

August Nymex natural gas (NGQ24 ) on Thursday closed down by -0.060 (-2.19%). July nat-gas prices Thursday added to Wednesday's losses and posted a 3-week low. Nat-gas prices fell on the outlook for cooler US temperatures that will curb nat-gas demand from electricity providers to run air-conditioning. Forecaster Maxar Technologies...

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The "EV slowdown" is overblown. It's internal-combustion cars that are on their way out.

The Guardian - AU

Nuclear more costly and could ‘sound the death knell’ for Australia’s decarbonisation efforts, report says

Analysis from Bloomberg says even if nuclear is successfully implemented it would be ‘at least four times’ more expensive than average cost of renewables

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Nat-Gas Prices Sink on the Outlook for Cooler US Temps

July Nymex natural gas (NGN24 ) on Wednesday closed down by -0.128 (-4.64%). July nat-gas prices Wednesday sold off to a 3-week low and closed sharply lower. Nat-gas prices tumbled Wednesday as US weather forecasts shifted cooler, which will reduce nat-gas demand from electricity providers to power air-conditioning. Atmospheric G2...

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Nat-Gas Prices Decline on Cooler US Weather Forecasts

July Nymex natural gas (NGN24 ) on Tuesday closed down by -0.055 (-1.96%). July nat-gas prices Tuesday gave up an early advance and fell moderately after US weather forecasts turned cooler, which will reduce nat-gas demand from electricity providers to power air-conditioning. Maxar Technologies said Tuesday that a cold front...

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Nat-Gas Prices Recover on Forecasts for Hot US Temps

July Nymex natural gas (NGN24 ) on Monday closed up by +0.106 (+3.92%). July nat-gas prices Monday recovered from a 2-1/2 week low and settled moderately higher on forecasts for above-normal temperatures throughout the US, which will boost nat-gas demand from electricity providers to power air-conditioning. NatGasWeather said most of...

InsideEVs

Plug-In Hybrids Overtake EV Growth. But There Are Some Catches

China became the largest PHEV market in 2022 thanks to an influx of affordable models from BYD and some of its competitors.

Barchart

Nat-Gas Prices Fall Moderately as Weekly EIA Inventories Climb Above Consensus

July Nymex natural gas (NGN24 ) on Friday closed down by -0.036 (-1.31%). July nat-gas prices Friday dropped to a 2-week low and finished moderately lower as weekly nat-gas supplies rose more than expected. The EIA reported Friday that US nat-gas inventories for the week of June 14 rose +71...

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Nat-Gas Prices Tumble on Forecasts for Cooler US Temps

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.168 (-5.78%). July nat-gas prices Thursday fell to a 2-week low and finished sharply lower. Nat-gas prices retreated Thursday after updated weather forecasts shifted cooler, which will curb nat-gas demand from electricity providers to power air-conditioning. Maxar Technologies said...

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Nat-Gas Prices Climb as US Weather Forecasts Turn Hotter

July Nymex natural gas (NGN24 ) on Tuesday closed up by +0.121 (+4.34%). July nat-gas prices Tuesday closed sharply higher. Updated weather forecasts Tuesday that called for hotter US temperatures fueled a rally in nat-gas prices. Maxar Technologies said Tuesday that forecasts have shifted hotter for parts of the eastern...

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Nat-Gas Prices Pressured From Elevated US Supplies

July Nymex natural gas (NGN24 ) on Monday closed down by -0.093 (-3.23%). July nat-gas prices Monday dropped to a 1-week low on the outlook for US gas supplies to remain elevated. As of June 7, nat-gas inventories were +23.9% above their 5-year seasonal average, signaling ample nat-gas supplies. Nat-gas...

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Forecasts for Cooler US Temps Knock Nat-Gas Prices Lower

July Nymex natural gas (NGN24 ) on Friday closed down by -0.078 (-2.64%). July nat-gas prices Friday posted moderate losses. Updated weather forecasts that call for cooler US temperatures that will curb air-conditioning usage weighed on nat-ga prices Friday. The Commodity Weather Group said Friday that half of the eastern...

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