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The Latest Breaking News from Natural Gas

Nat-Gas Prices Soar on U.S. Heat and Global Supply Concerns

September Nymex natural gas (NGU23 ) on Wednesday closed +0.182 (+6.55%). Nat-gas prices Wednesday extended this week's sharp rally to a 5-1/2 month high on the outlook for excessive heat in the U.S. to boost nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said near-record heat...

Barchart

Nat-Gas Prices Climb on the Outlook for Above-Average Temps

September Nymex natural gas (NGU23 ) on Tuesday closed +0.052 (+1.91%). Nat-gas prices Tuesday extended Monday's sharp rally to a 5-week high on the outlook for hot temperatures in several regions of the U.S. to boost nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said above-normal...

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Nat-Gas Prices Surge on Forecasts for Hot Temps to Return to East Coast

September Nymex natural gas (NGU23 ) on Monday closed +0.148 (+5.74%). Nat-gas prices Monday rallied sharply to a 1-1/2 week high on the outlook for excessive heat to return to the East Coast, which will boost nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said the...

Barchart

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Is Now the Time to Buy Natural Gas?

Natural gas can be a highly volatile energy commodity in the futures arena. The physical commodity is highly combustible, and the price action can be explosive and implosive at times. In August 2022, U.S. natural gas futures rose to a fourteen-year high. One year later, the price is over 70%…

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Nat-Gas Prices Slightly Higher on a Mixed U.S. Weather Outlook

September Nymex natural gas (NGU23 ) on Friday closed +0.012 (+0.47%). Nat-gas prices Friday posted modest gains on a mixed U.S. weather outlook. Forecaster Maxar Technologies said the Midwest will see seasonable to slightly below-normal temperatures from August 9-13, while hot temperatures will stretch from the Southwest to Texas. Lower-48...

Barchart

Will Ghana’s gas gamble perpetuate a cycle of fossil-fuel related debt?

West African country is enduring hard times – and critics say plan to import liquefied natural gas will only make things worse

The Guardian - UK

Nat-Gas Prices Rally on Smaller-Than-Expected EIA Weekly Inventory Build

September Nymex natural gas (NGU23 ) on Thursday closed +0.088 (+3.55%). Nat-gas prices Thursday closed sharply higher after weekly EIA nat-gas inventories rose +14 bcf, less than expectations of +18 bcf. A mixed U.S. weather outlook limited the upside in gas prices. The Commodity Weather Group said above-normal temperatures would...

Barchart

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Insiders Are Buying These 3 Energy Stocks. Should You?

Corporate insiders have been scooping up shares of energy stocks ET, PAGP, and HPK. Should you follow suit with company executives and add these three oil and gas stocks to your portfolio, too?

Barchart

Nat-Gas Prices Weighed Down by Forecasts for Cooler U.S. Weather

September Nymex natural gas (NGU23 ) on Wednesday closed -0.083 (-3.24%). Nat-gas prices Wednesday extended Tuesday's losses to a 6-week low and settled moderately lower. Gas prices are under pressure on the outlook for cooler weather in the Midwest and East Coast, which would reduce nat-gas demand from electricity providers...

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IIT Madras to offer PG course on applied petroleum engineering

IIT Madras’ Digital Skills Academy is offering a web-enabled postgraduate advanced certification course in applied petroleum engineering and hydrogen energy. The Institute is partnering with Zemblance Hydrocarbons and experts from Oil and Natural Gas Corporation, IndianOil, GAIL (India) and Chennai Petroleum Corporation Ltd. to provide practical insights. The hybrid programme…

The Hindu

Israel’s Natural Gas Revolution Saves Economy Billions

An in-depth study reveals over NIS 316 billion ($86.7 billion) in savings over the past decade.

Zenger

Residents decry ‘audacity’ of proposed $402 million Peoples Gas rate hike

Speakers at a public meeting at UIC tell Peoples Gas executives that the cost of living is already high and a rate hike would add to households’ financial pressure.

Chicago Sun-Times

Nat-Gas Prices Under Pressure from Forecasts for Cooler U.S. Temps

September Nymex natural gas (NGU23 ) on Tuesday closed -0.074 (-2.81%). Nat-gas prices Tuesday fell to a 2-week low and settled moderately lower. Gas prices came under pressure Tuesday after forecaster Maxar Technologies said rain would sweep into the Midwest and East Coast between August 6-10, cooling off the regions...

Barchart

BP profits are cut in half to $2.6 billion as oil and natural gas prices fall

Energy giant BP says it earned nearly $2.6 billion in the second quarter

The Independent UK

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Nat-Gas Prices Slip on Forecasts for Cooler East Coast Temps

September Nymex natural gas (NGU23 ) on Monday closed -0.004 (-0.15%). Nat-gas prices Monday closed slightly lower on the outlook for cooler U.S. temperatures, which will curb nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said cooler temperatures are expected to move into the East Coast...

Chicago Sun-Times

Man dies after natural gas explosion in Oak Park apartment building

David Rech, 64, was taken to Loyola University Medical Center, where he died the following day, officials said.

Barchart

Nat-Gas Prices Rise on the Outlook for Hotter U.S. Temps Next Month

September Nymex natural gas (NGU23 ) on Friday closed +0.043 (+1.66%). Nat-gas prices Friday posted moderate gains on the outlook for hotter weather in the Midwest next month, which will boost nat-gas demand from electricity providers to power increased air conditioning usage. The Commodity Weather Group said forecasts show well...

Barchart

Nat-Gas Prices Tumble on Ample U.S. Supplies and Cooler U.S. Temps

Aug Nymex natural gas (NGQ23 ) on Thursday closed -0.160 (-6.00%). Nat-gas prices Thursday sold off sharply to a 5-week low on a larger-than-expected build in weekly EIA inventories and forecasts for cooler U.S. temperatures next week, which will curb nat-gas demand from electricity providers to power air conditioning. The...

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Kiplinger

These Energy ‘Middlemen’ Are an Income Lover’s Dream

Midstream energy companies, which connect producers and end users, service the industry itself, rather than being tied to commodity prices.

Chicago Sun-Times

Natural gas explosion causes fire in Oak Park apartment building; 1 injured

A man was hospitalized, but his condition wasn’t known. About 12 other residents were displaced from their homes.

Barchart

Nat-Gas Prices Fall Back on the Outlook for Cooler U.S. Temps

Aug Nymex natural gas (NGQ23 ) on Wednesday closed -0.065 (-2.38%). Nat-gas prices Wednesday fell moderately on the outlook for cooler temperatures to move into the U.S., curbing nat-gas demand from electricity providers to power air-conditioning. Forecaster Atmospheric G2 said cooler temperatures are expected to move into the Northeast beginning...

The Independent UK

Clean energy push in New Jersey, elsewhere met with warnings the government is coming for your stove

New Jersey is pushing an ambitious agenda to move its 9 million residents away from natural gas and gasoline to heat their homes and power their cars, in favor of electricity to do the job of both

Barchart

Scorching U.S. Temps Lift Nat-Gas Prices

Aug Nymex natural gas (NGQ23 ) on Tuesday closed +0.045 (+1.68%). Nat-gas prices on Tuesday settled moderately higher as near-record high temperatures this week in the central and southwestern U.S will boost nat-gas demand from electricity providers to increase air-conditioning usage. Nat-gas prices Tuesday also had carryover support from a...

StockNews.com

3 Energy Stocks to Watch With Quality and Momentum Backing Them

Despite facing macroeconomic headwinds, the energy industry holds a promising long-term outlook due to rapid urbanization and the sluggish energy transition. Hence, energy stocks Exxon Mobil (XOM), Chevron Corporation (CVX), and Cross Timbers Royalty (CRT), buoyed by their Quality and Momentum, could be ideal additions to your watchlist. Read more….

Barchart

Nat-Gas Prices Slip on Forecasts for Cooler U.S. Temps Next Week

Aug Nymex natural gas (NGQ23 ) on Monday closed -0.028 (-1.03%). Nat-gas prices Monday closed moderately lower losses on forecasts for cooler U.S. temperatures next week, which will curb nat-gas demand from electricity providers to power air-conditioning. Forecaster Atmospheric G2 said cooler temperatures are seen for the central and eastern...

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