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The Latest Breaking News from Natural Gas

Nat-Gas Prices Fall as Mild U.S. Temperatures Expected

July Nymex natural gas (NGN23 ) on Tuesday closed down -0.090 (-3.72%). July nat-gas prices Tuesday retreated on the outlook for mild weather to curb nat-gas demand from electricity providers to power air conditioning. The Commodity Weather Group expects normal to below-normal temperatures across the southern and eastern U.S. from...

Barchart

Crude Prices Tumble on Global Demand Concerns

July WTI crude oil (CLN23 ) this morning is down -2.92 (-4.02%), and July RBOB gasoline (RBN23 ) is down -10.93 (-4.22%). July Nymex natural gas (NGN23 ) is down -0.124 (-5.13%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 2-week low and...

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Nat-Gas Prices Under Pressure from Mild U.S. Temperatures

June Nymex natural gas (NGM23 ) on Thursday closed down -0.126 (-5.46%). Jun nat-gas Friday dropped to a 2-week low and closed sharply lower. Forecasts for seasonal U.S. temperatures that will reduce nat-gas demand from electricity providers to power air conditioning weighed on nat-gas prices. The Commodity Weather Group is...

Barchart

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Crude Rallies with Risk Assets on Signs of Progress in Debt Ceiling Negotiations

July WTI crude oil (CLN23 ) this morning is up +0.71 (+0.99%), and July RBOB gasoline (RBN23 ) is up +3.05 (+1.19%). June Nymex natural gas (NGM23 ) is down -0.083 (-3.60%). Crude oil and gasoline prices today are moderately higher. Signs that U.S. lawmakers are close to a deal...

Barchart

Check if You Qualify for Home Energy Improvement Credits Worth $1,000s: Kiplinger Tax Letter

Do you qualify for home energy improvement credits worth $1,000s? Kiplinger Tax Letter

Kiplinger

Nat-Gas Prices Drop as U.S. Weather Forecasts Turn Cooler

June Nymex natural gas (NGM23 ) on Thursday closed down -0.091 (-3.79%). Jun nat-gas Thursday fell to a 1-1/2 week low and closed moderately lower as updated U.S. weather forecasts turned cooler, curbing nat-gas demand from electricity suppliers to power air conditioning. Forecaster Atmospheric G2 said temperatures across the eastern...

Barchart

Crude Prices Sink on Outlook for OPEC+ to Maintain Crude Production Targets

July WTI crude oil (CLN23 ) this morning is down -3.01 (-4.05%), and July RBOB gasoline (RBN23 ) is down -9.74 (-3.72%). June Nymex natural gas (NGM23 ) is down -0.059 (-2.46%). Crude oil and gasoline prices this morning are sharply lower. A rally in the dollar index today to...

Barchart

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Texas has gone big with renewable energy. Why can’t it go all the way?

The biggest barriers to making Texas’ power grid 100% renewable have little to do with politics.

The Texas Tribune

Nat-Gas Prices Climb on the Outlook for Hot U.S. Summer Temps

June Nymex natural gas (NGM23 ) on Wednesday closed up +0.077 (+3.32%). Jun nat-gas Wednesday rallied moderately as the outlook for hot summer weather is positive for the demand for nat-gas from electricity providers to power increased air-conditioning usage. Above-normal temperatures are expected across the Midwest and Northeast from May...

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Crude Prices Jump as Weekly EIA Crude Inventories Unexpectedly Plunge

July WTI crude oil (CLN23 ) this morning is up +1.35 (+1.85%), and July RBOB gasoline (RBN23 ) is up +4.86 (+1.91%). June Nymex natural gas (NGM23 ) is up +0.056 (+2.41%). Crude oil and gasoline prices this morning are moving higher, with crude posting a 3-week high and gasoline...

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New Mexico, ‘Climate Champ’ Governor Sued for Oil and Gas Failures

Lawsuit argues the state is not equally upholding environmental protections enshrined in its constitution.

Capital & Main

Nat-Gas Prices Decline on Mild Weather Outlook

June Nymex natural gas (NGM23 ) on Tuesday closed down -0.079 (-3.29%). Jun nat-gas Tuesday fell moderately as mild U.S. temperatures are seen curbing nat-gas demand for power generation. Forecaster Atmospheric G2 said normal to slightly cooler-than-normal temperatures will be seen across the southern and eastern states next week, reducing...

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NZ’s gas problem: phasing out natural gas in homes demands affordable alternatives first

Do you have gas? It’s a personal question that may cause offence – and not always for the obvious reason. Because the way we choose to cook or heat our homes is increasingly becoming something of a sore point.

The Conversation

Crude Prices Jump after Saudi Energy Minister Warns of Pain to Short Sellers

July WTI crude oil (CLN23 ) this morning is up +1.17 (+1.62%), and July RBOB gasoline (RBN23 ) is up +4.02 (+1.58%). June Nymex natural gas (NGM23 ) is down -0.046 (-1.92%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-1/2 week high and...

Barchart

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Reuters

Ukraine PM eyes 14.7 bcm of gas in storage for new heating season

Ukraine has 9.3 billion cubic meters of natural gas in storage and plans to accumulate 14.7 bcm by the start of the new heating season, Prime Minister Denys Shmyhal said on Tuesday.

Barchart

Nat-Gas Prices Plunge on Cool Spring U.S. Temps and Ample Supplies

June Nymex natural gas (NGM23 ) on Monday closed down -0.185 (-7.16%). Jun nat-gas prices Monday fell sharply amid ample U.S. supplies and a cooler U.S. weather forecast that will reduce the demand from electricity providers to power air conditioning. Nat-gas inventories in the U.S. were +17.8% above their 5-year...

Barchart

Crude Gains on the Outlook for Stronger U.S Fuel Demand this Memorial Day

June WTI crude oil (CLM23 ) this morning is up +0.45 (+0.63%), and June RBOB gasoline (RBM23 ) is up +4.58 (+1.78%). June Nymex natural gas (NGM23 ) is down -0.194 (-7.50%). Crude oil and gasoline prices this morning are moderately higher on the outlook for stronger U.S. fuel demand...

The Independent UK

Germany rejects criticism it watered down language on gas at G7 summit

The German government is rejecting criticism that it pushed to weaken existing commitments for phasing out natural gas at a summit of leaders from the Group of Seven major industrialized democracies

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The Conversation

Catch-22: Canada's attempts to phase out fossil fuel might result in it paying the polluters

US$20 billion: That’s how much American investors think Canadian taxpayers should fork over to compensate them for their failed bid to develop a liquefied natural gas (LNG) facility in Québec.

Newsroom.co.nz

Govt offers NZ Steel $30m more in bonuses for bigger, faster emissions cuts

NZ Steel's next step is using hydrogen and natural gas to eliminate emissions in the first step of turning ironsands into steel, but the company says commercial deployment is at least decade away. Rod Oram reports.

Barchart

Nat-Gas Prices Give Up Early Gains on Forecasts for Normal U.S. Temps

June Nymex natural gas (NGM23 ) on Friday closed down -0.007 (-0.27%). Jun nat-gas prices Friday fell back from a 2-1/2 month high and closed slightly lower. Nat-gas prices Friday gave up their advance after updated weather forecasts called for mostly seasonal temperatures in the central and eastern U.S. next...

Barchart

Risk-Off Sentiment Weighs on Crude Prices as Stocks Turn Lower

June WTI crude oil (CLM23 ) this morning is down -0.67 (-0.93%), and June RBOB gasoline (RBM23 ) is down -0.29 (-0.11%). June Nymex natural gas (NGM23 ) is up +0.077 (+2.97%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower. A risk-off...

Bangkok Post

PTT expects LNG import surge this year

The national oil and gas conglomerate PTT Plc plans to increase liquefied natural gas (LNG) imports to 6 million tonnes this year, up from 3.3 million in 2022, in line with growing demand in the power sector driven by the tourism recovery.

Reuters

Alberta wildfires hit gas flow out of Canada to US, spiking prices

Alberta officials on Thursday warned more wildfires could spread in next few hot and dry days, even as firefighters make progress in tackling widespread blazes that have slowed the outflow of natural gas from Canada into the United States, spiking prices.

Barchart

Nat-Gas Prices Surge on Smaller Build in Weekly EIA Inventories

June Nymex natural gas (NGM23 ) on Thursday closed up +0.227 (+9.60%). Jun nat-gas Thursday rallied sharply and posted a 2-month high. A smaller-than-expected build in weekly domestic supplies sparked a rally in nat-gas prices. The EIA reported nat-gas inventories rose +99 bcf last week, well below expectations of +108...

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