Natural gas prices experienced a significant decline of 3.55%, closing at Rs 299. This drop can be attributed to robust storage levels and projections suggesting a weaker demand in the upcoming fortnight compared to earlier expectations. Market sentiment persisted in a bearish stance, even with forecasts indicating warmer-than-normal weather extending into early July. This trend Read More
Natural gas prices experienced a decline of 3.7%, settling at Rs 294.4. This drop was influenced by expectations that U.S. gas inventories will remain well above seasonal norms, even in the face of robust summer cooling demand. Market sentiment was influenced by a modest rise in daily production and ongoing confidence in sufficient supply availability. Read More
Natural gas prices increased by 0.27% to close at Rs 301.6, bolstered by predictions of warmer-than-anticipated weather throughout the United States in the upcoming fortnight and a steady decrease in production levels. Anticipations of elevated temperatures extending into late June are expected to heighten electricity demand for air conditioning, consequently augmenting natural gas consumption by Read More
Natural gas prices experienced a decline of 4.13%, settling at Rs 308.6. This movement was largely influenced by profit booking following recent gains, alongside a slight uptick in production levels. Market participants responded to the evolving supply and demand dynamics, even as the fundamentals continued to provide a supportive backdrop. According to LSEG, the average Read More
Natural gas prices increased by 2.48% to close at Rs 309.9, bolstered by reduced domestic production levels, anticipations of heightened cooling demand, and short-covering activity in the futures market. Production in the Lower 48 states averaged 108.8 billion cubic feet per day in June, a decrease from 109.7 bcfd in May, which offers fundamental support Read More
Natural gas prices concluded the trading session down by 2.41% at Rs 270.9, driven by anticipations of diminished near-term demand, adequate storage capacities, and decreased gas deliveries to LNG export terminals during the seasonal maintenance phase. Market sentiment remained under pressure as weather forecasts continued to suggest predominantly near-normal temperatures through May 27, constraining substantial Read More
Natural gas prices increased by 3.78%, closing at Rs 274.5, driven by a blend of constrained supply conditions and robust export demand. The increase was mainly attributed to a storage build that was less than anticipated, reduced production rates, and nearly unprecedented LNG exports. The EIA reported a storage injection of 79 Bcf for the Read More
Natural gas prices experienced a decline of 2.1%, settling at Rs 252.1. This decrease is attributed to expectations of mild weather conditions, which are facilitating higher-than-normal storage injections. Softer seasonal demand has impacted sentiment, with projections suggesting that inventory levels may increase to approximately 8% above normal in the short term. Furthermore, anticipated demand in 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 increased by 0.53% to close at Rs 244.6, bolstered by a recent decline in daily production and marginally improved near-term demand forecasts. Despite overall production in the U.S. staying close to record highs, a recent short-term decline of approximately 4.6 bcfd, primarily from Texas and Louisiana, has provided some upward pressure on Read More
Natural gas prices experienced a significant decline of 3.24%, closing at Rs 265.4, influenced by a reduction in geopolitical tensions that affected market sentiment. Donald Trump indicated that the United States might withdraw from the Iran conflict in the coming weeks, leading to heightened anticipation that disturbances in the Strait of Hormuz could progressively diminish. Read More
Natural gas prices experienced a significant increase in the prior session, closing 8.04% higher at Rs 295.6, primarily fueled by apprehensions that the intensifying conflict in the Middle East may threaten essential global gas supplies. Market uncertainty has deepened regarding the timeline for the restoration of full operations at QatarEnergy’s Ras Laffan facility, recognized as Read More
Natural gas prices decreased by 2.24%, concluding at Rs 262.1, influenced by near-record production levels and predictions indicating milder weather along with reduced heating demand in the upcoming week. Output across the Lower 48 states has averaged 108.6 bcfd so far in February, an increase from January’s 106.3 bcfd and approaching December’s record of 109.7 Read More
Natural gas declined by 4.96%, closing at Rs 279.5, as predictions of warmer weather reduced expectations for heating demand. The National Oceanic and Atmospheric Administration indicates that a significant portion of the central and southern United States is expected to undergo above-average temperatures in the forthcoming two weeks, which will likely alleviate consumption following a 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 modest increase, closing at Rs 320.2, reflecting a rise of 0.91%. This uptick was bolstered by enhanced flows to U.S. liquefied natural gas export terminals and upward adjustments to short-term demand forecasts. The increase occurred notwithstanding predictions indicating a predominantly warmer-than-average climate until mid-February, which is anticipated to limit heating Read More
Natural gas prices experienced a significant correction, declining by 27.15% to close at Rs 294.9, as concerns over weather-driven demand influenced market sentiment. Projections from the National Oceanic and Atmospheric Administration suggest that temperatures will be milder than usual across a substantial portion of the U.S., leading to a notable decrease in anticipated heating demand, Read More
Natural gas prices concluded the trading session with an increase of 2.68% at Rs 352, influenced by mixed weather forecasts that contributed to fluctuations in demand expectations. Commodity Weather Group reported that the first week of February will experience slightly colder-than-normal conditions across the eastern U.S., which is likely to bolster near-term heating demand. This Read More
