Natural gas futures rebound on Texas heat wave

The front-month natural gas contract for October delivery, which expired today, finishes 4.1% higher on the day at $2.764/mmBtu, marking a fourth straight session of prices increases. The front-month now shifts to the November delivery contract, which climbed

Natural gas prices rise for the third time in the past four sessions, climbing a solid 3.2% to end at $2.728/mmBtu. Reports indicating Freeport LNG began resuming normal feedgas intake flows on Friday after equipment-related disruptions early last

U.S. natural gas production and demand will rise to record highs in 2023, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected dry gas production will rise to 102.69

U.S. House Speaker Kevin McCarthy has revealed he plans to promote U.S. natural gas exports at an upcoming G7 meeting. McCarthy will frame his agenda in the context of Europe buying more U.S. gas as a way for the continent

The U.S. dominated global natural gas production until the 1980s, at which time it ceded the lead to Russia. The Middle East has also grown its natural gas production at a rapid pace over the past 50 years

The U.S. is already on its way to becoming the biggest LNG exporter in the world in terms of capacity. This trend is only going to accelerate in the next four years as the country leads new capacity

A new report argues that the gas pipeline industry will play a crucial role in the energy transition and reducing carbon emissions. While some investors, environmentalists, and political leaders have been critical of gas as a fossil fuel,

Liquefied natural gas (LNG) exports from the United States rebounded in July with a 9% jump from the previous month, as plants resumed operations after planned maintenance, preliminary data from Refinitiv Eikon showed on Tuesday. The United States

There’s a big winner in the record heat waves baking the United States, China and other countries — fossil fuels. The United States is setting records for natural gas consumption this week at the power plants that keep the nation’s

CME Group’s flash data for natural gas futures markets noted traders reduced their open interest positions for yet another session on Wednesday, now by around 9.6K contracts. Volume followed suit and dropped by nearly 53K contracts, partially reversing

Diversified Energy Company announced the sale of some of its undeveloped land in Oklahoma to an unnamed buyer for about $16 million. The deal involves around 22,000 acres of land in the Central Region, where Diversified has a