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The Latest Breaking News from BNEF

Nat-Gas Prices Retreat as US Temperatures Cool

August Nymex natural gas (NGQ24 ) on Tuesday closed down by -0.043 (-1.74%). Aug nat-gas prices Tuesday moved lower for the sixth consecutive session and posted a 7-week low. Nat-gas prices remain under pressure as US gas storage is +20.6% above the 5-year seasonal average, signaling robust supplies. Also, weather...

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Nat-Gas Prices Pressured by Cooler US Weather Forecasts

August Nymex natural gas (NGQ24 ) on Monday closed down by -0.123 (-4.73%). Aug nat-gas prices Monday fell sharply to a 5-week low. Nat-gas prices are being pressured by the outlook for cooler US temperatures, which will curb nat-gas demand from electricity providers to run air-conditioning. Forecaster Maxar Technologies said...

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Nat-Gas Prices Fall on Elevated US Inventories

August Nymex natural gas (NGQ24 ) on Friday closed down by -0.084 (-3.13%). Aug nat-gas prices Friday extended this week's decline to a 3-1/2 week low. Elevated US nat-gas inventories are pressuring prices. As of June 21, nat-gas inventories were +20.6% above their 5-year seasonal average, signaling ample nat-gas supplies....

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Nat-Gas Prices Pressured by Forecasts for Cooler US Temps

August Nymex natural gas (NGQ24 ) on Thursday closed down by -0.060 (-2.19%). July nat-gas prices Thursday added to Wednesday's losses and posted a 3-week low. Nat-gas prices fell on the outlook for cooler US temperatures that will curb nat-gas demand from electricity providers to run air-conditioning. Forecaster Maxar Technologies...

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The Facts Are In: It’s Not Looking Good For Internal Combustion

The "EV slowdown" is overblown. It's internal-combustion cars that are on their way out.

InsideEVs

Nuclear more costly and could ‘sound the death knell’ for Australia’s decarbonisation efforts, report says

Analysis from Bloomberg says even if nuclear is successfully implemented it would be ‘at least four times’ more expensive than average cost of renewables

The Guardian - AU

Nat-Gas Prices Sink on the Outlook for Cooler US Temps

July Nymex natural gas (NGN24 ) on Wednesday closed down by -0.128 (-4.64%). July nat-gas prices Wednesday sold off to a 3-week low and closed sharply lower. Nat-gas prices tumbled Wednesday as US weather forecasts shifted cooler, which will reduce nat-gas demand from electricity providers to power air-conditioning. Atmospheric G2...

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Nat-Gas Prices Decline on Cooler US Weather Forecasts

July Nymex natural gas (NGN24 ) on Tuesday closed down by -0.055 (-1.96%). July nat-gas prices Tuesday gave up an early advance and fell moderately after US weather forecasts turned cooler, which will reduce nat-gas demand from electricity providers to power air-conditioning. Maxar Technologies said Tuesday that a cold front...

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Nat-Gas Prices Recover on Forecasts for Hot US Temps

July Nymex natural gas (NGN24 ) on Monday closed up by +0.106 (+3.92%). July nat-gas prices Monday recovered from a 2-1/2 week low and settled moderately higher on forecasts for above-normal temperatures throughout the US, which will boost nat-gas demand from electricity providers to power air-conditioning. NatGasWeather said most of...

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Plug-In Hybrids Overtake EV Growth. But There Are Some Catches

China became the largest PHEV market in 2022 thanks to an influx of affordable models from BYD and some of its competitors.

InsideEVs

Nat-Gas Prices Fall Moderately as Weekly EIA Inventories Climb Above Consensus

July Nymex natural gas (NGN24 ) on Friday closed down by -0.036 (-1.31%). July nat-gas prices Friday dropped to a 2-week low and finished moderately lower as weekly nat-gas supplies rose more than expected. The EIA reported Friday that US nat-gas inventories for the week of June 14 rose +71...

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Nat-Gas Prices Tumble on Forecasts for Cooler US Temps

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.168 (-5.78%). July nat-gas prices Thursday fell to a 2-week low and finished sharply lower. Nat-gas prices retreated Thursday after updated weather forecasts shifted cooler, which will curb nat-gas demand from electricity providers to power air-conditioning. Maxar Technologies said...

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Nat-Gas Prices Climb as US Weather Forecasts Turn Hotter

July Nymex natural gas (NGN24 ) on Tuesday closed up by +0.121 (+4.34%). July nat-gas prices Tuesday closed sharply higher. Updated weather forecasts Tuesday that called for hotter US temperatures fueled a rally in nat-gas prices. Maxar Technologies said Tuesday that forecasts have shifted hotter for parts of the eastern...

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Nat-Gas Prices Pressured From Elevated US Supplies

July Nymex natural gas (NGN24 ) on Monday closed down by -0.093 (-3.23%). July nat-gas prices Monday dropped to a 1-week low on the outlook for US gas supplies to remain elevated. As of June 7, nat-gas inventories were +23.9% above their 5-year seasonal average, signaling ample nat-gas supplies. Nat-gas...

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Forecasts for Cooler US Temps Knock Nat-Gas Prices Lower

July Nymex natural gas (NGN24 ) on Friday closed down by -0.078 (-2.64%). July nat-gas prices Friday posted moderate losses. Updated weather forecasts that call for cooler US temperatures that will curb air-conditioning usage weighed on nat-ga prices Friday. The Commodity Weather Group said Friday that half of the eastern...

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Nat-Gas Prices Fall as Weekly EIA Inventories Climb Above Expectations

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.086 (-2.82%). July nat-gas prices settled moderately lower on Thursday after weekly EIA nat-gas supplies rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended June 7 rose +74 bcf, above the consensus of...

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Nat-Gas Prices Retreat on Expectations for US Gas Supplies to Remain Elevated

July Nymex natural gas (NGN24 ) on Wednesday closed down by -0.084 (-2.68%). July nat-gas prices Wednesday retreated on the outlook for ample US nat-gas supplies to continue despite hot weather. As of May 31, US nat-gas inventories were up +13.5% y/y and were +25.1% above their 5-year seasonal average....

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Nat-Gas Prices Soar on the Outlook for Hot US Temps

July Nymex natural gas (NGN24 ) on Tuesday closed up sharply by +0.223 (+7.67%). July nat-gas prices Tuesday rallied sharply to a 4-3/4 month nearest-futures high. Nat-gas prices soared Tuesday on the outlook for hotter-than-normal US temperatures that will boost nat-gas demand from electricity providers for air-conditioning. NatGasWeather said Tuesday...

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Nat-Gas Prices Erase Early Gains as US Weather Forecasts Shift Cooler

July Nymex natural gas (NGN24 ) on Monday closed down by -0.012 (-0.41%). July nat-gas prices Monday retreated from a 2-week high and settled slightly lower. Long liquidation in nat-gas emerged Monday after updated weather forecasts called for milder US temperatures than were initially forecast. The Commodity Weather Group said...

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Nat-Gas Prices Push Higher on the Outlook for Hot US Temps

July Nymex natural gas (NGN24 ) on Friday closed up by +0.097 (+3.44%). July nat-gas prices Friday climbed to a 2-week high and settled sharply higher. Forecasts for hotter US temperatures pushed nat-gas prices higher Friday. On Friday, the Commodity Weather Group said that forecasts shifted warmer for much of...

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Nat-Gas Prices Rally as US Weather Forecasts Trend Hotter

July Nymex natural gas (NGN24 ) on Wednesday closed up by +0.064 (+2.32%). July nat-gas prices Thursday rose to a 1-1/2 week high and closed moderately higher. Nat-gas prices Thursday found support on forecasts for hotter US temperatures that will boost nat-gas demand from electricity providers to power air-conditioning usage....

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Nat-Gas Prices Jump on Forecasts for Hot US Temps

July Nymex natural gas (NGN24 ) on Wednesday closed up by +0.171 (+6.61%). July nat-gas prices Wednesday closed sharply higher as US weather forecasts turned warmer, which will boost nat-gas demand from electricity providers to power increased air-conditioning. NatGasWeather said on Wednesday that temperatures are expected to remain above normal...

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Nat-Gas Prices Retreat on Expectations Norwegian Gas Outage Will be Brief

July Nymex natural gas (NGN24 ) on Tuesday closed down sharply by -0.170 (-6.17%). July nat-gas prices Tuesday relinquished early gains and closed sharply lower on negative carryover from a slump in European nat-gas prices. European nat-gas prices retreated from Monday's 6-month high Tuesday as supply concerns eased on expectations...

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Nat-Gas Prices Soar as an Outage Cuts Norwegian Gas Supplies

July Nymex natural gas (NGN24 ) on Monday closed up sharply by +0.169 (+6.53%). July nat-gas prices soared Monday on carryover support from a rally in European nat-gas prices to a 6-month high. Nat-gas prices rallied sharply due to concern that European demand for US gas supplies will surge after...

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Nat-Gas Prices Recover Mildly After the Week's Plunge

July Nymex natural gas (NGN24 ) on Friday closed up +0.015 (+0.58%). July nat-gas prices Friday saw a modest recovery after the sharp declines of -5.63% on Wednesday and -3.53% on Thursday. The near-term weather outlook is mixed. NatGasWeather said Thursday that the eastern part of the US is expected...

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