straga/iStock via Getty Images U.S. natural gas futures tumbled to two-month lows following a bigger than expected weekly storage build as production rose, and the amount of gas flowing to liquefied natural gas export plants fell as the Freeport LNG plant in Texas shut early this week due to HurricaneContinue Reading
straga/iStock via Getty Images U.S. natural gas futures tumbled to six-week lows Monday, pressured by a loss of demand implied in weekend weather forecasts and recovering U.S. production, with analysts looking for support around $2.50/MMBtu, a level not seen since late May. “Natural gas has been chipping away at theContinue Reading
straga/iStock via Getty Images U.S. natural gas futures surrendered part of the previous session’s gains on Tuesday, while spot natural gas prices in Texas fell below zero for the first time since May. The forecast for the next two weeks “remains rather hot and with a bullish lean most days,”Continue Reading
straga/iStock via Getty Images The European Union adopted a new package of sanctions on Russia over the war in Ukraine on Monday, which for the first time includes measures seeking to limit Russia’s ability to ship liquefied natural gas throughout the world. The measures will ban Russian LNG from beingContinue Reading
