Americas
A record year for US gas-for-power demand
Low gas prices and ample supplies of the fuel in the United States have increased its popularity in the country’s power sector, and mean the fuel is now more able to compete with coal.
Europe & Russia
European gas – stocked up for 2016
Warmer weather has limited drawdowns on stocks in Europe and Ukraine over recent weeks and net withdrawals in most major European markets for the first half of December have been lower than in recent years.
Americas
Henry Hub futures struggle to find a floor
The Henry Hub front-month futures price hit an intraday low of $2.61/MMBtu on 2 February – its lowest level since the end of August 2012.
4 February 2015
Europe & Russia
European stock levels see heavy withdrawals
Storage withdrawals across Europe have continued to outpace those seen at the same time last year.
28 January 2015
Americas
Henry Hub futures below $3/MMBtu despite cold weather
The Henry Hub front-month futures price is trading below $3/MMBtu despite the cold weather affecting the northeast US. Price gains are limited by predominantly bearish fundamentals.
28 January 2015
Europe & Russia
European hub prices fall and storage levels continue to drop
The NBP day-ahead and month-ahead are both around 45 p/th ($6.81/MMBtu), having fallen over the past week.
21 January 2015
Americas
Weather calling the shots in Henry Hub futures
Henry Hub front-month futures fell by 9.5% day on day – closing at $2.83/MMBtu – on 20 January.
21 January 2015
Europe & Russia
Norwegian outages push up hub prices
The NBP day-ahead rose by around 2 p/th over the past week to reach approximately 47 p/th ($7.13/MMBtu) on Tuesday.
14 January 2015
Americas
Henry Hub futures near a 28-month low
The Henry Hub front-month futures price registered an intraday low of $2.78/MMBtu on 12 January – its lowest since the middle of September 2012.
14 January 2015
Americas
Sub-$3/MMBtu Henry Hub ignites oversupply concerns
Henry Hub front-month futures have averaged $2.95/MMBtu so far in January – a year-on-year drop of 35% and the lowest average price for January since 2012.
7 January 2015
Europe & Russia
Stocks fall and hub prices down as Europe enters 2015
Storage volumes in the UK and Germany are lower than they were at the same time in 2014. Withdrawals since the start of October have outpaced those seen during the same period a year ago.
7 January 2015
Americas
Bears weigh on Henry Hub futures
Mild weather, low gas storage withdrawals and reduced nuclear power plant outages in the United States have all weighed on the Henry Hub front-month futures price.
17 December 2014
Europe & Russia
European hub prices continue to fall
Low demand caused by mild weather weighed on European prices this week. NBP day-ahead prices are now around 53 p/th, having fallen from 55 p/th a week ago.
17 December 2014
Americas
Mild weather limits gains in regional spot gas prices
December has been mild so far in North America, and this has been reflected in regional spot gas prices in the United States and Canada.
10 December 2014
Europe & Russia
Hub prices unlikely to gain substantially over coming week
European hub prices have fallen over the last week, and there will be little to support significant price gains over the coming week.
10 December 2014
Europe & Russia
Stock levels fall on winter withdrawals
Stocks levels have started to drop in most European countries over the past month. In November, net withdrawals across the EU were just under 5 billion cubic metres – marginally higher than November 2013.
3 December 2014
Americas
Henry Hub futures nosedive over mild weather forecasts
Forecasts for mild weather conditions in the United States took their toll on Henry Hub front-month futures as the price declined by 9.6% on a weekly basis, closing at $3.87/MMBtu on 2 December.
3 December 2014
Americas
Canada’s East-West gas price spread widens
The East-West gas price spread in Canada (the difference between the Dawn and AECO hub spot gas prices) has averaged $0.82/MMBtu so far in November – 46.4% higher year on year, and its widest spread since March 2014.
26 November 2014
Europe & Russia
Cold weather pushes up European hub prices
The NBP day-ahead rose by more than 3 p/th between Monday and Tuesday to reach 60 p/th – the first significant price jump so far this winter.
26 November 2014
Europe & Russia
Europe’s day-ahead prices rise while stock levels fall
European hub prices have risen over the past week. The NBP day-ahead is now around 55 p/th ($8.62/MMBtu), having risen from around 53 p/th earlier in the week.
19 November 2014
Americas
Cold weather brings volatility back to Transco Z6 price
The Transco Z6 spot price in New York closed at $9.25/MMBtu on 17 November, which was a sharp rise from the previous day’s close of $3.69/MMBtu.
19 November 2014
Americas
Henry Hub prices bolstered by Polar Vortex
The Henry Hub front-month futures price rose by 14% on a weekly basis to close at $4.41/MMBtu on 7 November as North America was hit by the first Polar Vortex of the season.
12 November 2014About 183 articles for Market Roundup