Natural gas concluded the trading session with a decline of 2.42%, settling at Rs 298.6. This downturn was influenced by persistently mild weather conditions, projections indicating lower demand than earlier anticipated, and a modest rebound in production levels. As reported by LSEG, the average natural gas output in the contiguous United States has decreased from Read More
Natural gas settled lower by 2.91% at Rs 303.9, influenced by a slight uptick in daily production, predictions of milder weather conditions, and anticipations of reduced demand in the upcoming week. As reported by LSEG, the average natural gas production in the contiguous United States decreased to 110.8 billion cubic feet per day in October, Read More
Natural gas settled down 3.73% at Rs 302.2, influenced by profit booking after the recent rally spurred by supply disruptions in the Gulf of Mexico due to Hurricane Isaias. Producers have curtailed approximately 1.3 billion cubic feet per day, which constitutes 59% of offshore Gulf output. However, the overall effect on US supplies has been Read More
Natural gas concluded the trading session with a decline of 1.32%, settling at Rs 305.8. This decrease can be attributed to elevated domestic storage levels, which have momentarily overshadowed anticipations of increased heating demand and ongoing supply constraints in international markets. However, further downside remained constrained by anticipations of heightened gas flows to liquefied natural Read More
Natural gas concluded the trading session with a decline of 1.16%, settling at Rs 290.3. This decrease was influenced by predictions of reduced demand and anticipations of increased production in the United States, particularly following the resumption of operations at the Mountaineer XPress pipeline in West Virginia. In September, natural gas production in the contiguous Read More
After prices surged due to supply problems in West Virginia and TC Energy’s Columbia Gas Transmission pipeline in Appalachia declared force majeure due to an unforeseen mechanical fault, natural gas finished sharply down by 4.52% at Rs 310.6 as profit booking surfaced. The disruption prompted the most significant single-day increase in US natural gas prices Read More
Natural gas prices experienced an increase of 3.52%, closing at Rs 282.5. This rise was bolstered by a reduction in daily US production and enhanced flows toward liquefied natural gas exports, despite the fact that overall supply continues to be high. LSEG data indicated that average Lower 48 gas output reached 113.0 billion cubic feet Read More
Natural gas settled 0.82% lower at Rs 277.9, influenced by near-record production, adequate storage levels, and revised forecasts indicating milder weather over the upcoming two weeks. Average Lower 48 output was anticipated to decrease to a two-month low of 108.4 bcfd on Tuesday, while elevated temperatures through September 30 are expected to maintain demand for Read More
Natural gas settled higher by 0.65% at Rs 280.2, buoyed by a decrease in daily U.S. production and projections for warmer-than-normal weather extending through the end of September, which may maintain cooling demand. LSEG reported average Lower 48 gas output at 113.2 billion cubic feet per day in September, an increase from the August monthly Read More
Natural gas settled 0.3% higher at Rs 270.5, buoyed by rising oil prices and anticipated stronger demand in the forthcoming fortnight. However, the increase was tempered by near-record production levels in the US and a storage injection that exceeded expectations. As of August 28, US petrol inventories stood 5.2% above the five-year seasonal average. Meanwhile, Read More
Natural gas concluded the trading session with a decline of 2.45%, settling at Rs 274.30. This downturn was influenced by record production levels in the U.S., high storage capacities, and anticipations of sufficient supplies for the winter season. The premium of November futures over October has decreased to a historic low of approximately $0.11 per Read More
Natural gas settled 0.25% higher at Rs 281.2, driven by unseasonably warm weather in parts of the Midwest and eastern United States, which increased cooling demand. This prompted power generators to utilise more gas to satisfy heightened air-conditioning needs. However, the market maintained equilibrium due to increasing production and anticipations of subdued demand in the Read More
Natural gas settled higher by 0.97% at Rs 280.5, buoyed by unseasonably warm weather in parts of the Midwest and eastern United States. This climatic condition sustained elevated cooling demand and prompted power generators to increase their consumption of gas for electricity generation. Average US Lower 48 gas production rose to 112.9 billion cubic feet Read More
Natural gas settled 0.65% higher at Rs 279, buoyed by forecasts indicating stronger demand over the next two weeks. The weather is anticipated to remain hotter than normal at least until mid-September, providing additional support for prices. The gain occurred notwithstanding a minor reduction in gas flows to certain Gulf Coast LNG facilities, including Cheniere Read More
Natural gas prices concluded the trading session with an increase of 2.96%, reaching Rs 278.3. This rise was bolstered by heightened demand for cooling during the summer and anticipations of a storage injection that would be smaller than usual. However, the extent of the gains was limited by strong production levels in the US and Read More
Natural gas settled 0.6% higher at Rs 266.4 as traders balanced expectations for persistent summer heat against abundant supply. The latest EIA report showed U.S. utilities added only 16 billion cubic feet of gas to storage in the week ended August 14, below the market expectation of 19 bcf, the 19 bcf injection recorded a Read More
Natural gas prices concluded the trading session at Rs 265.4, reflecting a decline of 0.38%. This decrease is attributed to diminished LNG export flows, nearly unprecedented production levels, and anticipations of reduced demand in the forthcoming fortnight. In August, gas output in the U.S. Lower 48 states averaged 111.1 billion cubic feet per day, surpassing Read More
Natural gas futures concluded at Rs 264.4, reflecting a 0.65% increase, buoyed by a less-than-anticipated rise in U.S. natural gas storage. This development has bolstered expectations for a comparatively tighter supply in the near term. The latest report from the Energy Information Administration indicated that utilities injected 28 billion cubic feet of gas into storage Read More
Natural Gas prices concluded the session with a 0.69% increase, reaching Rs 262.8. This uptick can be attributed to short covering following recent declines, even as the market continues to face challenges from record production levels in the US, reduced LNG export flows, and ample storage capacity. Financial firm LSEG reported that average dry gas Read More
Natural gas declined 4.62% to settle at Rs 264.5, reflecting the overall downturn in global energy markets following a reduction in geopolitical tensions in the Middle East. Prices experienced downward pressure following Iran’s announcement of a cessation of retaliatory attacks in light of the suspension of US military strikes, which alleviated concerns regarding potential disruptions Read More
