
Winter’s onset fails to heat up the market
Mild temperatures continue to dominate throughout much of Europe, limiting heating-related gas use and putting pressure on hub prices.
16 December 2015
Henry Hub futures drop to a 14-year low
The Henry Hub front-month futures price touched a 14-year low in December, weighed on by mild weather and healthy gas storage levels in the US.
16 December 2015
Mild temperatures weigh on European hub prices
The NBP day-ahead fell over the past week as mild temperatures and ample supply weighed on prices.
9 December 2015
Henry Hub futures remain low despite gas withdrawals
The start of the 2015-2016 withdrawal season has had little effect on gas prices in the United States or Canada so far.
9 December 2015
Henry Hub futures still under the weather
Mild weather and healthy storage levels in the US and Canada continue to weigh on gas prices, a trend set to continue for the next few weeks.
2 December 2015
EU and Ukraine increase net storage withdrawals
The pace of net withdrawals from storage has increased in the EU and Ukraine, with nearly 4 bcm taken out of stocks in the past week.
2 December 2015
US gas storage level hits all-time high
US gas storage volumes have reached record levels as a result of mild weather-related demand and continuing injections.
25 November 2015
Cold hits UK but bears still in charge at NBP
Cold weather in the UK and much of Europe has boosted demand-side support for spot prices at the NBP and lifted the day-ahead contract.
25 November 2015
Canada’s East-West gas spread turns negative
Gas storage levels in eastern Canada are higher than in the west of the country, pushing the Dawn Hub spot price below that of the AECO Hub.
18 November 2015
Hub prices in Europe find support after hitting new lows
European hub prices have risen since the end of last week, supported by colder temperatures that have boosted heating-related demand.
18 November 2015
Mild temperatures hit seasonal demand and prices
Mild weather in Europe has cut heating requirements and reduced seasonal demand, pressuring the NBP day-ahead down to 34 p/th on Tuesday from around 37 p/th a week ago.
11 November 2015
Weather poised to support Henry Hub futures
Weather-related gas demand is expected to gather pace in the United States and Canada in the coming weeks, supporting regional gas prices in both countries.
11 November 2015
NBP hits low for year as European hub prices fall further
Strong supplies are putting pressure on European hub prices as winter gets under way, with the NBP falling to a new low for the year on Tuesday.
4 November 2015
Henry Hub futures receive support from high nuclear outages
The Henry Hub front-month futures price has received some support from increased nuclear power outages in the US, but healthy storage levels will cap gains.
4 November 2015
Henry Hub futures fall below $2/MMBtu as gas glut intensifies
The North American gas glut has pushed the Henry Hub front-month futures price below $2/MMBtu, but it is expected to receive support in the coming weeks as the withdrawal season starts.
28 October 2015
Ukraine’s storage levels low, but benefiting from Russian gas
Ukrainian storage builds have picked up pace since Russia restarted gas flows to the country. However, Ukraine has only around 16.4 bcm in stock, which is low for the start of winter.
21 October 2015
North America well placed to meet winter gas demand
The US and Canada will end the 2015 injection season with a surplus of gas, but this will help them meet increased demand during the winter.
21 October 2015
Disruptions to Norwegian flows hint at NBP spot gains
Disruptions to Norwegian flows from an unplanned outage could cap the upside in Norwegian volumes this week and limit the supply pressure on prices.
14 October 2015
Gas glut in North America pressures Henry Hub futures
The Henry Hub front-month futures price has averaged less than $2.5/MMBtu so far in October, under pressure from a gas glut in North America.
14 October 2015
Henry Hub front-month futures fall to a 39-month low
Improved gas supplies and weak demand during the shoulder months saw the Henry Hub front-month futures price fall to $2.40/MMBtu on 2 October – the contract’s lowest level since June 2012.
7 October 2015About 183 articles for Market Roundup