AIRLINK 79.99 Increased By ▲ 1.60 (2.04%)
BOP 5.26 Decreased By ▼ -0.08 (-1.5%)
CNERGY 4.37 Increased By ▲ 0.04 (0.92%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 76.80 Decreased By ▼ -1.71 (-2.18%)
FCCL 20.60 Increased By ▲ 0.02 (0.1%)
FFBL 31.50 Decreased By ▼ -0.80 (-2.48%)
FFL 9.90 Decreased By ▼ -0.32 (-3.13%)
GGL 10.26 Decreased By ▼ -0.03 (-0.29%)
HBL 117.60 Decreased By ▼ -0.90 (-0.76%)
HUBC 134.30 Decreased By ▼ -0.80 (-0.59%)
HUMNL 6.93 Increased By ▲ 0.06 (0.87%)
KEL 4.60 Increased By ▲ 0.43 (10.31%)
KOSM 4.69 Decreased By ▼ -0.04 (-0.85%)
MLCF 37.39 Decreased By ▼ -1.28 (-3.31%)
OGDC 136.20 Increased By ▲ 1.35 (1%)
PAEL 23.38 Decreased By ▼ -0.02 (-0.09%)
PIAA 26.54 Decreased By ▼ -0.10 (-0.38%)
PIBTL 7.01 Decreased By ▼ -0.01 (-0.14%)
PPL 113.72 Increased By ▲ 0.27 (0.24%)
PRL 27.60 Decreased By ▼ -0.13 (-0.47%)
PTC 14.78 Increased By ▲ 0.18 (1.23%)
SEARL 57.34 Increased By ▲ 0.84 (1.49%)
SNGP 67.10 Increased By ▲ 0.80 (1.21%)
SSGC 11.07 Increased By ▲ 0.13 (1.19%)
TELE 9.29 Increased By ▲ 0.14 (1.53%)
TPLP 11.60 Decreased By ▼ -0.07 (-0.6%)
TRG 72.40 Increased By ▲ 0.97 (1.36%)
UNITY 24.96 Increased By ▲ 0.45 (1.84%)
WTL 1.39 Increased By ▲ 0.06 (4.51%)
BR100 7,509 Increased By 16.2 (0.22%)
BR30 24,687 Increased By 128.9 (0.52%)
KSE100 72,045 Decreased By -6.8 (-0.01%)
KSE30 23,771 Decreased By -37.1 (-0.16%)
Brecorder Logo
Apr 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Natural gas prices

US natural gas futures edge up on rising global gas prices
Markets

US natural gas futures edge up on rising global gas prices

  • Front-month gas futures for July delivery on the New York Mercantile Exchange (NYMEX) rose 3.8 cents, or 1.2%, to $3.229 per million British thermal units (mmBtu).
  • US pipeline exports to Mexico averaged 6.7 bcfd so far in June, putting them on track to top May's 6.2-bcfd record.
Published 22 Jun, 2021 06:02pm
India's natural gas consumption starts to rebound in June
Markets

India's natural gas consumption starts to rebound in June

  • "In the Indian market there was some slowdown, but the situation is not as bad as last year," Manoj Jain.
  • Due to falling local gas consumption in April and May, GAIL diverted two cargoes to international markets while Petronet deferred one cargo for delivery in June.
Published 09 Jun, 2021 06:52pm
US natgas futures slip on milder forecasts, lower demand
Markets

US natgas futures slip on milder forecasts, lower demand

  • Traders noted that that small price decline came ahead of a federal report expected to show last week's storage build was in line with normal levels for this time of year.
  • Front-month gas futures fell 3.3 cents, or 1.1%, to $3.042 per million British thermal units.
Published 03 Jun, 2021 08:01pm
US natgas futures hold near one-week high ahead of storage report
Markets

US natgas futures hold near one-week high ahead of storage report

  • On its first day as the front-month, gas futures for July delivery fell 2.9 cents, or 1.0%, from where the July contract closed on Wednesday to $2.998 per million British thermal units.
  • US pipeline exports to Mexico, meanwhile, averaged 6.0 bcfd so far in May, just off April's monthly record of 6.1 bcfd, Refinitiv data showed.
Published 27 May, 2021 06:39pm
US natgas futures rise to one-week high on surging global prices
Markets

US natgas futures rise to one-week high on surging global prices

  • That US price gain came despite forecasts for milder weather and lower demand over the next two weeks than previously expected, a decline in exports and a slow but steady increase in output this month.
  • The July contract, which will soon be the front-month, gained about 3 cents to $3.00 per mmBtu.
Published 26 May, 2021 08:44pm
US natgas futures slip to 3-week low on big storage build
Markets

US natgas futures slip to 3-week low on big storage build

  • The US Energy Information Administration (EIA) said US utilities added 71 billion cubic feet (bcf) of gas into storage during the week ended May 14.
  • That injection boosted stockpiles to 2.100 trillion cubic feet (tcf), or 4.0% below the five-year average of 2.187 tcf for this time of year.
Published 20 May, 2021 09:10pm
US natgas futures slip on mild weather forecast, exports decline
Markets

US natgas futures slip on mild weather forecast, exports decline

  • Traders noted gas prices were also following oil futures lower. US crude fell more than $2 a barrel on renewed global demand concerns as coronavirus cases in Asia rise, among other things.
  • Front-month gas futures fell 4.2 cents, or 1.4%, to $2.970 per million British thermal units.
Published 19 May, 2021 08:15pm
US natgas futures steady ahead of storage report
Markets

US natgas futures steady ahead of storage report

  • That lack of price movement came despite forecasts for cooler weather and higher heating demand over the next two weeks than previously expected.
  • Front-month gas futures remained unchanged at $2.941 per million British thermal units.
Published 06 May, 2021 07:01pm
US natgas rises to fresh 9-wk high on record exports
Markets

US natgas rises to fresh 9-wk high on record exports

  • On its last day as the front-month, gas futures for May delivery rose 2.4 cents, or 0.8%, to $2.897 per million British thermal units.
  • That increase kept the front-month in overbought territory with a Relative Strength Index (RSI) over 70 for a third day in a row for the first time since August 2020.
Published 28 Apr, 2021 08:42pm