Natural Gas yesterday settled higher by 2.13% at Rs 263.9 following the U.S. Energy Information Administration’s report of a smaller-than-expected increase in natural gas storage levels, which bolstered bullish market sentiment. Utilities injected 63 billion cubic feet of gas into storage during the week ended May 1, which fell short of market expectations of 74 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 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 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 prices experienced a significant decline of 5.74%, concluding at Rs 254.3, reflecting the overall downturn in energy markets following a temporary ceasefire between the U.S. and Iran, which alleviated supply apprehensions. The agreement, which encompasses the reopening of the Strait of Hormuz, has alleviated concerns regarding potential disruptions, thereby exerting downward pressure on Read More
Natural gas increased by 0.68% to close at Rs 265.8, buoyed by anticipations of heightened demand and continued robust flows to LNG export terminals. The most recent EIA data revealed a 36 Bcf injection for the week ending March 27, which stands in stark contrast to the five-year average withdrawal of 4 Bcf, suggesting a Read More
Natural gas prices experienced an increase, closing up 3.06% at Rs 289.7, bolstered by a stronger-than-anticipated withdrawal from U.S. storage, indicating robust near-term demand. The U.S. Energy Information Administration reported a decline in inventories of 54 billion cubic feet for the week ending March 20, significantly surpassing market expectations. Total stockpiles have decreased to 1.829 Read More
Natural gas prices experienced significant downward pressure, declining 5.35% to close at Rs 272.7, influenced by a reduction in geopolitical tensions and a less favorable demand outlook that impacted market sentiment. The decline was a consequence of U.S. President Donald Trump’s decision to postpone military action against Iranian targets, leading to a cooling of global Read More
Natural gas prices experienced a significant increase, rising by 4.31% to close at Rs 295.5, influenced by heightened geopolitical tensions in the Middle East that have sparked renewed worries about potential supply disruptions. Iran’s missile strikes on Qatar’s Ras Laffan Industrial City—home to the world’s largest LNG export facility—along with reported hits on energy infrastructure Read More
Natural gas prices increased by 0.68% to close at Rs 280.9, buoyed by a temporary decline in production, primarily attributed to freezing conditions impacting pipelines in North Dakota. Notwithstanding this, the overall perspective continues to be ambiguous, as projections for more temperate weather are anticipated to diminish heating requirements in the forthcoming weeks. This atypical Read More
Natural gas prices experienced a decline of 1.92%, concluding at Rs 291.9, influenced by predictions of more temperate weather and a slight reduction in demand expectations for the upcoming week. Given that temperatures are anticipated to hover around seasonal averages for the remainder of March, it is reasonable to conclude that heating demand will likely Read More
Natural gas prices experienced a significant decline in the previous session, closing 4.92% lower at Rs 276.1, following Donald Trump’s assertion that the conflict involving Iran might conclude “very soon,” which alleviated some of the risk premium in energy markets. Nevertheless, uncertainty persists at high levels as Qatar, the world’s largest LNG export hub, remains Read More
Natural gas prices experienced a significant decline of 5.58%, concluding at Rs 272.4, as global energy markets softened in response to indications that Iran might be receptive to discussions aimed at resolving the persistent conflict in the Middle East. The prospect of diplomatic negotiations has contributed to a reduction in certain geopolitical risk premiums within Read More
Natural gas declined by 2.8%, closing at Rs 257.1, influenced by forecasts of milder weather anticipated to reduce heating demand. Warmer conditions prevailing across a significant portion of the western United States as the month concludes have diminished expectations for a late-season cold snap, thereby alleviating apprehensions regarding constrained winter supplies. As winter approaches its 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 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
