Sunday , September 15 2019
Home / Tag Archives: natural gas

Tag Archives: natural gas

Natural Gas Edges Up on Smaller-Than-Expect Weekly Supply Jump

Natural gas futures are trading slightly higher on Thursday after the US government reported a smaller-than-expected increase in weekly inventories. The energy commodity has had an interesting summer, recording double-digit growth since June. But analysts are still anticipating natural gas prices to remain low as output continues to be high. October natural gas futures rose $0.015, or 0.54%, to $2.565 per million British thermal units...

Read More »

Commodity Tracker: 6 charts to watch this week

Globalization of natural gas markets, OPEC’s struggle to balance oil supply and price, and platinum coming to the fore as an investment vehicle are all covered in this week’s selection of essential charts from S&P Global Platts editors. 1. Global gas price differentials keep tightening…   What’s happening? Gas spot prices across regions have converged in recent weeks due to the continued gas glut in an increasingly globalized gas market, with surplus LNG cargoes...

Read More »

LNG must become more price-transparent and sustainable to thrive in next decade

The trend towards LNG commoditization has gathered pace, fueled by significant additions of elastic supply and demand and growing liquidity in both physical and financial LNG markets. This presents immense opportunities to LNG stakeholders. But the prospect of supply shortfalls and gluts through the next decade to 2030 is a warning sign that the industry is still exposed to abrupt investment cyclicality, a phenomenon known to cause disruptive supply shocks, price volatility and demand...

Read More »

Natural Gas Slumps on Bigger-Than-Expected Weekly Climb

Natural gas futures are sliding on Thursday after the US government reported a bigger-than-expected weekly increase. With the global economy cooling down amid interruptions in international commerce, demand from major markets might decrease in the coming months until growth is resuscitated. October natural gas futures tumbled $0.04, or 1.68%, to $2.405 per million British thermal units (btu) at 15:20 GMT on Thursday on the New...

Read More »

Natural Gas Climbs as Hurricane Dorian Expected to Send Heatwave

Futures for natural gas climbed about 3% today. Some market analysts argued that Hurricane Dorian could not be the cause for the jump as it missed US gas rigs, causing no damage. Yet others speculated that the hurricane was indeed a bullish factor for the commodity as it is expected to bring a heatwave on both sides of the Atlantic Ocean. That should increase consumption of gas used in air conditioning. Now,...

Read More »

Natural Gas Rises As Hurricane Dorian Offsets Weekly Supply Climb

Natural gas futures are rallying on Thursday as the possibility of Hurricane Dorian is outweighing the weekly inventory climb. The energy commodity is gaining on the latest weather system building in the Atlantic, even though experts say that it is not a major threat to production in the Gulf of Mexico. But investors fear that it might signal that the worst of hurricane season may be...

Read More »

Commodity Tracker: 4 charts to watch this week

An upcoming decision on Dutch gas output will be significant for European wholesale markets, while in bunker markets the impact of IMO 2020 is being felt in differentials between high and low sulfur marine fuels. S&P Global Platts editors delve into key energy trends for the week ahead. 1. EU gas markets await decision on Groningen production quota   What’s happening? The Dutch economy ministry is expected to shed light on future production limits on the giant Groningen gas...

Read More »

Natural Gas Flat As Supply Build Matches Market Expectations

Natural gas futures are trading relatively flat on Thursday after the US government reported an increase in domestic supplies, effectively matching what the market expected. Traders will now keep an eye out on a flurry of industry activity in several natural gas markets. October natural gas futures dipped $0.005, or 0.27%, to $2.16 per million British thermal units (btu) at 16:57 GMT on Thursday on the New York...

Read More »

Small-scale LNG projects make market inroads in US

Large-scale LNG liquefaction and export facilities are helping to write the demand story for US natural gas reserves. But there is a newer demand factor for that gas: small-scale facilities sending LNG to otherwise little-tapped markets and finding new applications for the fuel. Small LNG plants, usually with production capacities of less than 1 million mt/year, are springing up across the US to service niche markets, such as providing IMO-compliant bunker fuel to oceangoing vessels, meeting...

Read More »

Commodity Tracker: 4 charts to watch this week

In this week’s pick of commodity and energy market trends, gold and copper prices send signals about the global economy, and US oil infrastructure build-out affects the price relationship between WTI and Brent crude prices, S&P Global Platts editors report. 1. Gold and copper track diverging paths as economies stutter   What’s happening: Gold is rallying in the face of a deteriorating economic outlook, while copper is getting hammered on the same metrics. Copper has fallen...

Read More »