The Latest Breaking News from Freeport

Nat-Gas Prices Jump on a Smaller-Than-Expected Build in EIA Inventories

June Nymex natural gas (NGM24 ) on Thursday closed up by +0.114 (+5.21%). June nat-gas prices on Thursday rallied sharply to a 3-1/2 month nearest-futures high. A smaller-than-expected build in weekly nat gas supplies pushed prices sharply higher. The EIA reported Thursday that nat-gas inventories for the week ended May...

Barchart · May 9, 2024

Nat-Gas Prices Undercut by Abundant US Supplies

June Nymex natural gas (NGM24 ) on Wednesday closed down by -0.020 (-0.91%). June nat-gas prices on Wednesday fell back from a 3-1/2 month nearest-futures high and closed moderately lower. Gas prices gave up their gains Wednesday and turned lower on expectations that US nat-gas supplies will remain abundant. The...

Barchart · May 8, 2024

Nat-Gas Prices Supported by Reduced US Nat-Gas Output

June Nymex natural gas (NGM24 ) on Tuesday closed up by +0.012 (+0.55%). June nat-gas prices on Tuesday posted modest gains as they consolidated below Monday's 3-1/2 month nearest-futures high. Gas prices have carryover support from last Friday when Baker Hughes reported that the number of active US nat-gas drilling...

Barchart · May 7, 2024

Nat-Gas Prices Weighed Down by Ample Supplies

June Nymex natural gas (NGM24 ) on Tuesday closed down by -0.039 (-1.92%). June nat-gas prices Tuesday gave up an early advance and closed moderately lower. Ample US supplies and mild spring temperatures are undercutting nat-gas prices. Also, NatGasWeather said Tuesday that "surpluses are still expected to remain hefty and...

Barchart · Apr 30, 2024

Nat-Gas Prices Weighed Down by Ample US Supplies and Mild Temperatures

May Nymex natural gas (NGK24 ) on Friday closed down by -0.024 (-1.47%). May nat gas prices Friday tumbled to a 3-3/4 year nearest-futures low and closed moderately lower. Ample US nat-gas supplies and mild spring temperatures are weighing on gas prices. As of April 19, nat-gas inventories were +37.0%...

Barchart · Apr 26, 2024

US LNG Demand Surges, Freeport LNG Plant Faces Challenges

Freeport LNG's operational challenges reflect the complexities of meeting global LNG demand amidst energy transition.

Top News · Apr 26, 2024

Nat-Gas Prices Fall as EIA Inventories Climb More Than Expected

May Nymex natural gas (NGK24 ) on Thursday closed down by -0.015 (-0.91%). May nat gas prices Thursday dropped to a 1-month nearest-futures low and closed moderately lower on a larger than expected build in weekly EIA nat-gas supplies. The EIA reported Thursday that nat-gas inventories for the week ended...

Barchart · Apr 25, 2024

Nat-Gas Prices Slump on Mild US Temps and Elevated Inventories

May Nymex natural gas (NGK24 ) on Wednesday closed down by -0.159 (-8.77%). May nat gas prices Wednesday fell to a 1-week low and closed sharply lower on forecasts for mild US weather and abundant nat-gas supplies. The Commodity Weather Group Wednesday said temperatures for the Midwest are expected to...

Barchart · Apr 24, 2024

Nat-Gas Prices Underpinned by Forecasts for Warm Temps

May Nymex natural gas (NGK24 ) on Tuesday closed up by +0.021 (+1.17%). May nat gas prices Tuesday moved moderately higher for a second session and posted a 1-1/2 week high. Nat-gas prices are underpinned by the outlook for warmer US temperatures that could boost nat-gas demand from electricity providers...

Barchart · Apr 23, 2024

Nat-Gas Prices Rise on the Prospects of Warmer US Temps

May Nymex natural gas (NGK24 ) on Monday closed up by +0.039 (+2.23%). May nat gas prices Monday posted moderate gains as warm weather forecasted for the eastern half of the US for early May may boost nat-gas demand from electricity providers to power increased air-conditioning usage. Maxar Technologies said...

Barchart · Apr 22, 2024