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The Latest Breaking News from Natural Gas

Nat-Gas Prices Gain on a Warmer U.S. Weather Forecast

July Nymex natural gas (NGN23 ) on Monday closed up +0.073 (+3.36%). July nat-gas prices Monday rallied moderately on a warmer U.S. weather forecast, which will boost nat-gas demand from electricity providers to power increased air conditioning usage. Forecaster Atmospheric G2 said above-normal temperatures are seen across the U.S. southern...

Barchart

Will fossil fuel phase-out make it onto the UN’s climate agenda?

UN climate chief says while the rapid end of hydrocarbon use is required, the idea may not be discussed at COP28 talks.

Al Jazeera

Crude Prices Jump as Saudi Arabia Cuts Crude Production

July WTI crude oil (CLN23 ) this morning is up +1.19 (+1.66%), and July RBOB gasoline (RBN23 ) is up +4.01 (+1.60%). July Nymex natural gas (NGN23 ) is up +0.121 (+5.57%). Crude oil and gasoline prices this morning are moderately higher, with crude posting a 1-month high. Crude prices...

Barchart

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Fossil fuels got a boost from lawmakers aiming to fix Texas’ grid, while renewable energy escaped stricter regulations

The bills will give owners of natural gas power plants incentives to build more capacity, but they don’t go as far as originally proposed to change how electricity is created and sold in the Texas market.

The Texas Tribune

UN climate chief calls fossil fuel phase out key to curbing warming but may not be on talks' agenda

The United Nations climate chief says phasing out all fossil fuels is central to curbing global warming

The Independent UK

Natural Gas – Memories of June 2020

Three years ago, NYMEX natural gas futures traded to the lowest price of this century when the energy commodity reached a two-and-one-half-decade low. In August 2020, the price exploded to a fourteen-year high. In June 2023, nearby natural gas is approaching the 2020 low as last year’s explosive rally imploded.

Barchart

Iraq’s oil boom blamed for worsening water crisis in drought-hit south

Pollution from gas flaring – the burning of natural gas associated with oil extraction – is also a major concern in the oil-rich but extremely dry south

The Guardian - UK

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Nat-Gas Prices Advance on a Broad Rally in Risk Assets

July Nymex natural gas (NGN23 ) on Friday closed up +0.014 (+0.65%). July nat-gas Friday closed moderately higher. The Senate's passage late Thursday of a debt ceiling suspension sparked a rally today in risk assets, including nat-gas. However, gains in nat-gas were limited by the outlook for mild U.S. temperatures,...

Barchart

Crude Rallies Ahead of Weekend OPEC+ Meeting

July WTI crude oil (CLN23 ) this morning is up +1.22 (+1.74%), and July RBOB gasoline (RBN23 ) is up +3.57 (+1.479%). July Nymex natural gas (NGN23 ) is up +0.038 (+1.76%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing in hopes of stronger...

Barchart

Nat-Gas Prices Slump on Ample Supplies and Mild Temps

July Nymex natural gas (NGN23 ) on Thursday closed down -0.108 (-4.77%). July nat-gas Thursday fell sharply to a 1-month low on ample supplies and mild U.S. temperatures. The EIA reported Thursday that U.S. nat-gas inventories rose by +110 bcf, above expectations of +107 bcf and above the five-year average...

Barchart

Crude Rallies on Dollar Weakness and Strong Economic Data

July WTI crude oil (CLN23 ) this morning is up +2.59 (+3.80%), and July RBOB gasoline (RBN23 ) is up +2.85 (+1.17%). July Nymex natural gas (NGN23 ) is down -0.104 (-4.59%). Crude oil and gasoline prices this morning are sharply higher on strong economic data and a decline in...

Barchart

The debt ceiling deal bulldozes a controversial pipeline's path through the courts

The Mountain Valley Pipeline got an extraordinary boost in the debt ceiling deal. Court challenges have stalled the controversial natural gas pipeline stretching from West Virginia to North Carolina.

WEKU

Nat-Gas Prices Fall on Cooler U.S. Forecasts and Ample Supplies

July Nymex natural gas (NGN23 ) on Wednesday closed down -0.061 (-2.62%). July nat-gas prices Wednesday gave up early gains and finished moderately lower after updated weather forecasts called for cooler U.S. temperatures, which will curb nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said above-normal...

Barchart

Crude Prices Fall on Chinese Energy Demand Concerns

July WTI crude oil (CLN23) on Tuesday closed down -0.79 (-1.14%), and July RBOB gasoline (RBN23) is down -2.14 (-0.86%). July Nymex natural gas (NGN23) is down -0.015 (-0.64%). Crude oil and gasoline prices this morning extended Tuesday's losses, with crude posting a 3-1/2 week low and gasoline dropping to...

Barchart

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Barchart

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...

Barchart

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

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...

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Kiplinger

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

Barchart

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...

The Texas Tribune

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.

Barchart

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...

Barchart

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...

Capital & Main

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.

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