Natural Gas

Auto Added by WPeMatico

When the US Freezes, the Global LNG Market Catches a Cold

Conventional Energy, Latest, LNG, Natural Gas, US News / By

Ron Bousso (Reuters) – An Arctic blast sweeping across the U.S. Northeast and Midwest has triggered a sharp rally in natural gas prices on fears of production disruptions. The spike has reverberated across overseas markets, underlining the growing globalization of the U.S.-dominated liquefied natural gas trade. U.S. natural gas futures have surged by almost 70% over the …

When the US Freezes, the Global LNG Market Catches a Cold Read More »

Power Prices Surge as Winter Storm Spikes Demand in US Data Center Alley

Conventional Energy, Electricity Grid, Energy Topics & Technology, Latest, Natural Gas, Tri-Pinned, US News / By

  Power prices in the largest U.S. grid rose sharply on Sunday as demand in a region with the world’s largest concentration of energy-hungry data centers surpassed forecasts during a deep freeze gripping half the country. Real-time wholesale electricity prices topped $1,800 per MWh early Sunday in Dominion Energy’s Virginia territory, up from $200 per …

Power Prices Surge as Winter Storm Spikes Demand in US Data Center Alley Read More »

US Natgas Futures Surge 68% This Week on Frigid Weather Forecasts

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures rose on Friday and has gained over 68% so far this week, lifted by forecasts for extreme cold over the next two weeks that is expected to drive heating demand to near-record levels and freeze oil and gas wells, cutting output. On Friday, front-month gas futures for February delivery …

US Natgas Futures Surge 68% This Week on Frigid Weather Forecasts Read More »

US Natural Gas Falls After Record-Breaking Three-Day Rally

Conventional Energy, Latest, Natural Gas, US News / By

US natural gas futures pared a record breaking three-day rally, after traders finished exiting short positions and the market braced for a historic winter storm. Front-month contracts dropped as much as 7.6% to $4.660 per million British thermal units on Friday, after surging 63% over the previous three sessions. Prices were still on track for their biggest …

US Natural Gas Falls After Record-Breaking Three-Day Rally Read More »

Natural Gas Soars 75% in Three Days as Arctic Cold Grips the US

Conventional Energy, Latest, Natural Gas, US News / By

By Sing Yee Ong, Elena Mazneva, and Julian Hast US natural gas futures surged about 75% in three days, rocketing to the highest price since 2022, as frigid weather sweeps across major markets for the heating fuel and forces traders to cover bearish positions. More than 175 million people across the country will face snow, …

Natural Gas Soars 75% in Three Days as Arctic Cold Grips the US Read More »

US Natgas Futures Soar 57% Over Two Days as Frigid Weather Boosts Heating Demand, Freezes Wells

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures soared to a six-week high on Wednesday, marking a record 57% rise over the past two trading sessions, on expectations that extreme cold weather will boost heating demand to near-record levels while also cutting output by freezing oil and gas wells. After soaring about 26% on Tuesday, front-month gas …

US Natgas Futures Soar 57% Over Two Days as Frigid Weather Boosts Heating Demand, Freezes Wells Read More »

Europe’s Energy Weak Spot Reemerges in Greenland Dispute: Bousso

CDN and International News, Conventional Energy, Latest, Natural Gas / By

By Ron Bousso (Reuters) – Spiralling trade tensions between the U.S. and Europe over President Donald Trump’s bid to buy Greenland have once again left the bloc highly vulnerable in a geopolitical tussle because of its heavy dependence on a single supplier for its critical energy needs. Less than four years ago, Europe’s economy was …

Europe’s Energy Weak Spot Reemerges in Greenland Dispute: Bousso Read More »

World Oil Market Faces Significant Surplus in First Quarter, IEA says

CDN and International News, Conventional Energy, Latest, Natural Gas, Oil / By

Summary Global demand growth revised 70,000 bpd higher on lower tariff impacts in 2026 Oil prices have risen about 6% so far this year OPEC+ has paused output hikes (Reuters) – The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so …

World Oil Market Faces Significant Surplus in First Quarter, IEA says Read More »

APA Curtails Quarterly US Natgas, NGL Production on Weak Prices

Conventional Energy, Energy Topics & Technology, Exploration & Production, Latest, Natural Gas, US News / By

(Reuters) – Oil and gas firm APA Corp said on Tuesday it curtailed production by about 91 million cubic feet per day of U.S. natural gas and 7,600 barrels per day of U.S. natural gas liquids in the fourth quarter in response to weak prices. It expects fourth-quarter average realized natural gas prices in the …

APA Curtails Quarterly US Natgas, NGL Production on Weak Prices Read More »

US Natgas Futures Soar 27% to 3-Week High on Frigid Weather Forecasts, Short Covering

Conventional Energy, Latest, Natural Gas, US News / By

(Reuters) – U.S. natural gas futures soared 27% to a three-week high on Tuesday on forecasts for much colder weather and higher heating demand over the next two weeks than previously expected that forced some traders to cover short positions. After falling to a 13-week low before the long Martin Luther King Jr. holiday weekend, …

US Natgas Futures Soar 27% to 3-Week High on Frigid Weather Forecasts, Short Covering Read More »

Subscribe
Subscribe