
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 2015
Spot prices fall as market enters withdrawal season
The NBP day-ahead fell below 40 p/th ($6.11/MMBtu) during the first week of October as high levels of supplies of both piped gas and LNG weighed on prices.
7 October 2015
Henry Hub futures struggle to find a floor amid oversupply
The Henry Hub front-month futures price is under pressure from healthy gas supplies in the United States and weak domestic demand.
30 September 2015
Supplies pressure prices on European hubs
Prices at the NBP and European hubs see further falls, while Ukraine remains in limbo in the continued absence of a Russian deal.
30 September 2015
Strong supplies keep lid on prices at NBP
Rising UK gas demand failed to trigger a significant increase in spot prices on Tuesday, with supply enough to keep the market reasonably balanced.
23 September 2015
EU storage is strong, but Ukraine faces a winter shortage
Storage levels in the EU are in a strong position in advance of winter, in marked contrast to the situation in Ukraine. As temperatures start to drop, the time to fill storage sites is running out.
16 September 2015
Improving supplies pressure North American gas prices
Gas storage levels in the United States and Canada are being supported by increasing gas output from key shale plays in the US. This is also pressuring gas prices in North America.
16 September 2015
NBP day-ahead continues to rise as temperatures fall
The NBP day-ahead was boosted by lower temperatures over the past week, with reduced flows from Norway also giving support.
9 September 2015
Henry Hub under pressure as nuclear output holds firm
Low outage levels at nuclear plants are adding bearishness to the market, with low shoulder-month demand and mild weather forecasts also weighing on the Henry Hub.
9 September 2015
Colder weather boosts NBP day-ahead back over 40 p/th
Colder weather and higher demand for heating has helped support prices at the NBP, pushing the day-ahead price over $6.11/MMBtu on Tuesday.
2 September 2015
Gas-for-power demand fails to boost Henry Hub futures
Gas is becoming increasingly popular in the US power sector, but the impact of the increased gas-for-power demand on Henry Hub futures is limited.
2 September 2015
Limited upside in sight for Henry Hub price
Improving gas supplies in the United States and Canada are dampening hopes for the recovery of the Henry Hub futures price any time soon.
26 August 2015
Henry Hub under pressure as shoulder months approach
Henry Hub futures are already facing bearish pressure with North America’s shoulder months fast approaching.
19 August 2015
NBP day-ahead dips below 40 p/th on strong supply
Day-ahead prices at the UK’s NBP hub dipped below 40 p/th ($6.27/MMBtu) on Tuesday for the first time since mid-August last year.
19 August 2015
North American gas prices shrug off the summer effect
A spate of heatwaves across North America has had a limited effect on gas prices, with supply levels in the US and Canada more than healthy enough to cover increased weather-related demand.
12 August 2015About 209 articles for Market Roundup