News & Analysis - Natural Gas
July 22, 2015
Banks are continuing to adjust their roles in commodity trading, including for oil, natural gas, metals, iron ore, freight and more. What does it mean for markets?
July 21, 2015
The company has taken a major step towards a five-year dream to create a virtual gas pipeline across the Atlantic.
July 16, 2015
Natural gas surpassed coal for power generation in the US in April; what does the future look like for all of North America?
In Asia, summer is typically characterized by an increase in power demand. What makes this summer different and how is it affecting LNG prices? July has already yielded records in the US gas landscape: the spot price at the Algonquin city-gates at its lowest in more than a decade, and the year-to-date max for power burn. Platts interviews Patrick Heather, senior research fellow at the Oxford Institute for Energy Studies, on European natural gas hubs liquidity growth and the challenges they face. Cameroon's oil industry has been on something of a road to recovery in recent years, with the country seeing crude production rise to its highest level in more than a decade earlier this year.
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Spot natural gas prices in the US Gulf Coast made small moves in either direction Monday on cooler-than-normal weather forecasts around the country and weakness in the NYMEX February futures contract. The cash price at Henry Hub edged a couple of cents lower to average around $2.90/MMBtu on IntercontinentalExchange. New Orleans is forecast to see highs in the mid-50s Jan 13, about 7 degrees below normal.