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Topic

US liquefied natural gas

US natgas futures jump

US natgas futures jump

Published 24 Nov, 2021 06:14am
NEW YORK: US natural gas futures jumped about 4% on Tuesday, erasing most of Monday’s 5% drop, as soaring global...
US natgas rises to fresh 9-wk high on record exports

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

Published 28 Apr, 2021 08:42pm
  • 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.
US LNG exports on track to hit record high in March

US LNG exports on track to hit record high in March

Published 19 Mar, 2021 09:44pm
  • 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.
US natgas futures rise to 1-week high on colder forecasts

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

Published 03 Mar, 2021 07:58pm
  • 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.
US natgas futures rise on colder forecasts, higher global prices

US natgas futures rise on colder forecasts, higher global prices

Published 04 Jan, 2021 08:25pm
  • Front-month gas futures on the New York Mercantile Exchange (NYMEX) rose 9.6 cents, or 3.8%, to $2.635 per million British thermal units.
  • Output in the Lower 48 US states averaged 91.7 billion cubic feet per day (bcfd) so far in January.
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