Mexico natural gas prices jumped to $3.74/MMBtu in May compared to April prices of $3.38 and year-ago prices of $2.37, according to the latest IPGN monthly index published by the Comisión Reguladora de Energía (CRE).
The changes in supply and demand that brought natural gas futures down a few notches to start the week provided some uplift to the market on Tuesday. A large decline in production, though likely temporary, along with a warmer turn
The July Nymex contract on Thursday rose for the seventh time in eight trading sessions to $3.253/MMBtu, up two-tenths of a cent day/day, as temperatures across the United States rose and demand for natural gas across many parts of the
Participants in Mexico’s natural gas and energy markets expressed their optimism for the future in the days following the midterm elections last Sunday (June 6).
“The Mexican Congress now has a more balanced representation, which is an excellent opportunity for
Natural gas futures opened the week lower as a trifecta of bearish factors, including a large drop in export feed gas demand, brought prices down a couple of notches. The July Nymex gas futures contract fell 2.7 cents to $3.070.
At the end of June, numerous capacity contracts for the transport of natural gas on a firm basis on the national Sistrangas pipeline system will conclude. Some of these contracts deserve special attention because of their size, such as the
Forecasts promising toasty temperatures during the second week of June prompted double-digit gains for natural gas forwards prices at numerous Lower 48 hubs during the trading week ended June 2, according to NGI’s Forward Look.
La Organización de Países Exportadores de Petróleo y sus aliados (OPEP+) acordaron este martes mantener los aumentos progresivos de la producción entre mayo y julio, ante el comportamiento estable del mercado, según se concluyó en la 17 Reunión Ministerial, en