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US liquefied natural gas

US natgas futures jump
Markets

US natgas futures jump

NEW YORK: US natural gas futures jumped about 4% on Tuesday, erasing most of Monday’s 5% drop, as soaring global...
Published 24 Nov, 2021 06:14am
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
US LNG exports on track to hit record high in March
Markets

US LNG exports on track to hit record high in March

  • The rebound in US LNG is...supported by falling freight rates in the Atlantic Basin, which dizzyingly fell from $322,000 per day two months (ago) to just $21,000 per day.
  • On a daily basis, US LNG feedgas was on track to reach 11.4 bcfd on Friday, which would top the 11.3-bcfd record in mid-December, according to preliminary data from Refinitiv.
Published 19 Mar, 2021 09:44pm
US natgas futures rise to 1-week high on colder forecasts
Markets

US natgas futures rise to 1-week high on colder forecasts

  • Front-month gas futures rose 2.8 cents, or 1.0%, to $2.867 per million British thermal units.3
  • Refinitiv projected average gas demand, including exports, would drop from 112.2 bcfd this week to 105.0 bcfd next week as the weather turns seasonally milder.
Published 03 Mar, 2021 07:58pm