Americas
Weather hints at bearish Henry Hub market during spring
Henry Hub front-month futures are under pressure because of the early start to the gas injection season in the United States.
Europe & Russia
Supply pressures prices as Europe starts to restock
European hub prices have dropped over the past week. The NBP day-ahead hit 27.7 p/th on Tuesday while the TTF day-ahead price has fallen by around 2 p/th.
European gas prices tick up as colder temperatures kick in
Colder weather in most of Europe will continue to support gas prices over the coming week. However, gains are expected to remain relatively moderate as demand levels are getting closer to seasonal norms following a period of prolonged mild weather.
27 January 2014Low nuclear power outages limit gains in Henry Hub futures
CME/NYMEX-traded Henry Hub front-month futures averaged around $4.3/MMBtu last week, which was also the average for December 2013 and January 2014
21 January 2014No immediate price impact from Groningen production cut
Mild weather conditions across Europe remained the main factor affecting prices last week, pushing them down overall.
20 January 2014Respite from the cold weather to be short-lived
Weather remains the predominant factor affecting gas prices in North America. The CME/NYMEX-traded Henry Hub front-month futures declined by almost 7% – to $4/MMBtu – between 6 and 9 January as th
14 January 2014Warmer-than-expected weather reins in European price gains
Gas prices at the UK’s NBP ended last week around half a penny higher than the week before, at 66.65 p/th. With mild weather forecast for the next few days, the price outlook for this week remains bearish, provided there are no significant supply glitches.
13 January 2014The Arctic Vortex boosts US regional gas prices
Gas prices in the United States reached their highest levels in more than a decade this week as a severe cold weather front – called the Arctic Vortex – hit the US northeast and Midwest.
7 January 2014Drop in Norwegian flows lifts NBP day-ahead
As 2013 ended with mild temperatures, 2014 saw the bearish trend at European gas markets continue.
6 January 2014About 209 articles for Market Roundup