Natural gas prices experienced a notable decline of 4.52%, closing at Rs 277, driven by forecasts indicating milder weather conditions and anticipated weaker demand in the near term. Market sentiment continued to face challenges following revised weather forecasts that suggested cooler temperatures for the upcoming week, which in turn diminished the anticipated cooling demand from Read More
Natural gas yesterday settled up by 2.36% at Rs 299.4, driven by expectations of stronger cooling demand and ongoing declines in US gas production. Weather forecasts suggested elevated temperatures across significant portions of the southern and eastern United States through midweek, leading to heightened demand from power utilities for air conditioning usage. The hotter weather Read More
Natural gas prices increased by 2.38% to close at Rs 284, reflecting a favorable market response to reduced production levels and a storage injection report from the U.S. Energy Information Administration that met expectations. The EIA indicated that utilities added 85 billion cubic feet of gas to storage for the week ending May 8, aligning Read More
Natural gas concluded the trading session with an increase of 0.8% at Rs 277.4, even in the face of diminished LNG export flows. This uptick was bolstered by a reduction in domestic production and more favorable demand forecasts, which contributed positively to market sentiment. Gas flows to significant U.S. LNG export facilities have decreased from Read More
Natural gas prices experienced a decline of 3.22%, settling at Rs 258.4. This decrease was influenced by diminished short-term demand forecasts and a reduction in gas flows to LNG export terminals, coinciding with the seasonal maintenance period in spring. Pipeline deliveries to LNG export plants have decreased to their lowest level since late January, as Read More
Natural gas prices increased by 2.39% to close at Rs 261.5, bolstered by decreasing production levels, enhanced short-term demand forecasts, and robust liquefied natural gas export activity. Production in the United States. In April, production in the Lower 48 states has declined, reaching an 11-week low as subdued spot prices have led producers to reduce Read More
Natural gas prices experienced significant downward pressure, closing 4.15% lower at Rs 244.8, as the market responded to substantial storage builds and anticipations of ongoing strong injections in the weeks ahead. The prevailing bearish sentiment was primarily influenced by abundant supply conditions, characterized by a significant increase in inventories. The most recent figures indicated a Read More
Natural gas experienced a modest increase of 0.24%, concluding at Rs 252.3, bolstered by a recent decline in production and robust inflows to U.S. LNG export facilities. Nonetheless, the increases were constrained as markets assessed the likelihood of diminished demand in the near term alongside the hopeful outlook regarding a possible reduction in tensions in Read More
Natural gas prices experienced a modest increase, rising by 1.46% to close at Rs 250.2, primarily driven by a recent decline in production and robust demand for LNG exports. Flows to U.S. LNG terminals persisted at levels close to record highs through April, providing a consistent underpinning for prices. Nonetheless, the potential for growth remained Read More
Natural gas increased by 2.17% to close at Rs 282.2, buoyed by near-record levels of LNG export flows and revised forecasts indicating colder weather and heightened heating demand in the forthcoming two weeks. In February, the average flows to eight U.S. LNG export facilities reached 18.6 bcfd, nearing the record levels observed in December, thereby Read More
Natural gas declined by 2.4%, closing at Rs 268.9, influenced by near-record production levels and predictions of milder weather extending into early March. Above-average temperatures are anticipated throughout a significant portion of the U.S., which will constrain heating demand and enable utilities to maintain higher gas storage levels than what is customary for this season. Read More
Natural gas increased by 1.98%, concluding at Rs 294.2, primarily bolstered by near-record inflows to LNG export terminals. The increase occurred despite the fact that weather forecasts became more temperate and demand projections for the upcoming week were adjusted downward. Meteorologists anticipate that temperatures throughout the majority of the U.S. will persist at levels above Read More
Natural gas increased by 0.42% to close at Rs 288.7, buoyed by opportunistic purchases and nearly record levels of LNG export flows that sustained robust overall demand. Earlier in the winter, an Arctic blast resulted in significant withdrawals from storage; however, the current weather outlook has shifted to a milder trend. Predictions indicate that temperatures Read More
Natural gas prices experienced a significant increase, closing up by 3.95% at Rs 352.5, bolstered by predictions of colder weather and an anticipated rise in heating demand in the upcoming weeks. Meteorologists anticipate a steady decrease in temperatures across the country leading up to January 10, as Heating Degree Days are projected to increase from Read More
Natural gas prices experienced a significant increase, closing up 8.43% at Rs 380.8, propelled by unprecedented feedgas flows to U.S. LNG export terminals and heightened expectations for near-term demand. Gas flows to the eight major LNG export plants have increased to 18.5 bcfd this month, surpassing November’s previous record of 18.2 bcfd. Daily LNG feedgas Read More
Natural gas prices experienced a slight increase, closing up 0.20% at Rs 356.9, as the market navigated the tension between near-record production levels and predictions of milder weather coupled with reduced demand in the upcoming weeks. In December, average output in the Lower 48 states held steady at a record 109.6 bcfd, aligning with the Read More
Natural gas prices increased, closing up by 1.94 percent at Rs 362.9, bolstered by near-record gas flows to LNG export facilities and anticipations of demand exceeding earlier forecasts. Robust export activity persists in supporting prices, despite the fact that domestic production levels remain high. Average gas output in the Lower 48 states has decreased slightly Read More
