US natural gas futures surge 7% amid supply concerns and project delay

Natural gas is an essential energy resource that continues to power economies across the globe. Known for its abundance and reliability, it is primarily composed of methane and is extracted from deep beneath the earth’s surface.

Natural Gas prices have seen a slight increase, with the commodity currently trading at $2.367. This marks a small gain of 0.04%, although prices continue to remain below the key pivot point of $2.39. Should this

In 2024, power producers across the United States have significantly increased natural gas-fired generation, setting new records in the first nine months of the year. This surge in gas usage has solidified the country’s position as

Pennsylvanians involved in the fracking industry remain confident that their sector will persist, regardless of the outcome of the upcoming presidential election. Both major candidates—Republican Donald Trump and Democrat Kamala Harris—are promising support for the hydraulic

U.S. natural gas futures saw a sharp rise of around 7% on Monday, reaching a 12-week high. This increase was driven by concerns that oil and gas producers along the Gulf Coast might reduce their output

Natural gas offers numerous advantages for businesses, including reliability, flexibility, and a substantial reduction in carbon emissions compared to other non-renewable energy sources. As a clean-burning option, it helps meet the rising energy demands while simultaneously

October natural gas prices rose on Tuesday after an initial drop, driven by forecasts for warmer temperatures across the US. Maxar Technologies indicated that warmer weather is expected in the eastern third of the country over

The global energy sector is undergoing a significant transformation, driven by innovation, sustainability initiatives, and the increasing demand for reliable energy sources. As the world looks to transition towards greener solutions, traditional energy companies are evolving

Diversified Energy Company has made a significant move by acquiring additional natural gas properties in East Texas, marking its second acquisition of Proved Developed Producing (PDP) assets in the region this year. The company has agreed

Oil and gas industry dealmaking surged by 57% last year, as energy companies significantly increased their development spending. This growth was fuelled by higher cash flows from previous years’ profits, according to a recent report from

US natural gas futures saw a notable rise, increasing by over 1% to reach a three-week high on Tuesday. This uptick was driven by forecasts indicating hotter weather and an anticipated increase in gas demand for

In recent years, the power sector has emerged as the only significant consumer of natural gas in the United States to show consistent growth. As demand from other sectors declines, the power industry has become the