Natural gas futures jump 7% amid cold weather fears - Breaking The News

Natural gas futures jump 7% amid cold weather fears

6 January

1 min read

US natural gas futures surged 8% to $3.60 per MMBtu on Monday, spurred by extreme winter weather forecasts across North America and Europe.

The anticipated cold wave has raised concerns over heightened heating demand and potential energy shortages. Uncertainty over Russian gas supplies to Europe has added to the price volatility.

As of 3:06 am ET, US natural gas futures for December contracts soared 7.27% to sell at $3.6120 per million British thermal units.

natural gas

EIA: US natural gas inventories by 62 Bcf

13 March

Working natural gas in storage across the United States decreased by 62 billion cubic feet (Bcf) in the week ending March 7 compared to the previous seven-day period to land at 1,698 Bcf, the Energy Information Administration (EIA) stated in its report published on Thursday.The stockpiles decreased by 628 Bcf year-on-year and by 230 Bcf compared to the five-year average of 1,928 Bcf. The total working gas is within the five-year historical range.

EIA: US natural gas inventories down by 80 Bcf

6 March

Working gas in storage across the United States stood at 1,760 billion cubic feet in the week ending February 28, the Energy Information Administration (EIA) revealed in its report released on Thursday. The figure marks a net decrease of 80 billion cubic feet compared to the week before.On an annual basis, the natural gas stockpiles fell by 585 billion cubic feet and were 224 billion cubic feet below the five-year average of 1,984 billion cubic feet. The total working...

Natural gas surges over 10% over tariffs scare

4 March

Natural Gas in the United States surged over 10% and climbed to a 26-month high on Tuesday after President Donald Trump's latest tariffs went into effect earlier today. Escalating trade tensions between the US on one hand, and Canada, Mexico, and China on the other, heightened investor worries and sent waves of uncertainty across global markets, with Canada's energy sector readying for the impact of the latest duties.US natural gas futures for delivery in...

EIA: US natural gas inventories down by 261 Bcf

27 February

Working gas in storage across the United States stood at 1,840 billion cubic feet in the week ending February 21, the Energy Information Administration (EIA) revealed in a report published on Thursday.The figure marks a net decrease of 261 billion cubic feet compared to the week prior.On an annual basis, the natural gas stockpiles fell by 561 billion cubic feet and were 238 billion cubic feet below the five-year average of 2,078 billion cubic feet. The total working...

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