Weekly Natural Gas Market Update for 01/31/2025
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Propane prices are often their lowest in May and June. Of course, the end of the heating season is a factor, but so is the fact that crude inventories are generally at their highest, which keeps pressure off crude’s price. However, events like the outbreak of war between Russia and Ukraine override the fundamentals. Conversely, propane prices are often high leading into winter. Yes, it’s partly because of the hype ahead of winter, but more importantly, it’s because crude inventories are at their lowest, and crude prices are often at their highest that time of year. As we all know, most of the time propane and crude prices trend together. There are times of separation as we discussed last week, but most of the time, the two commodities’ prices are trending in the same direction. So, there is good and bad news for propane due to increased refinery throughput. https://buff.ly/4aUYbf8 #natgas #naturalgas #crudemarket #crude #OPEC #propane #oil #gas #oilandgas #LPG #LPGasMagazine #CostManagementSolutions #gasliquids #conwaypropane #mbpropane #natgas #PERC #EIA #Safety #NPGA #propanesupply #TradersCorner #C3
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Natural gas/methane at the Waha hub in the Permian has "traded in negative territory every day this month." Let that sink in. "The negative cash price at Waha has been a persistent theme in the gas market this year, as more than 42% of all trading days so far in 2024?have averaged a negative price?according to Natural Gas Intelligence (NGI) data. August has contributed to that large share, as Waha has traded in negative territory every day this month. However, the price averaged negative $1.58/MMBtu over the past week, which was?$0.48/MMBtu higher than the price for the week ended August 12." https://lnkd.in/e29kfsZr More venting, more flaring.
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Natural Gas Bearish Continuation & Important Move Ahead|Gold|Silver | Crude Oil | Technical Analysis https://lnkd.in/e6hG_m43 #forexeducation #commoditytrading #XAUUSD #Natgas #technicalanalysis
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Large US natural gas producers are delaying well completions and considering curtailing output as a persistently oversupplied domestic market weighs on prices. https://lnkd.in/eMCfkEk6
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Energy Commodities Updates: Natural gas Falls by 1.05% ?? Commodity Top commodity losers are Natural Gas -1.05% Natural Gas EU Dutch TTF -0.62%. Natural Gas UK GBP -0.54%. Gains are led by Gasoline 0.87%. Crude Oil WTI 0.86% . Brent Crude Oil 0.62%.
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Natural Gas Hits a 10-Week Low!! ???? Will the inventory data bring hope? ???? Check out our Natural Gas Outlook and get the inside edge on all the market events. ??? https://lnkd.in/gVNRQXFA Happy Trading! ?? Commodity Samachar Learn and Trade with Ease ???? #naturalgas #inventory #naturalgasoutlook #TechnicalOutlook #marketupdate
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Art Hogan, Chief Market Strategist at B. Riley Wealth, discussed natural gas prices surging to their highest levels since June with Oil & Gas Jobs by Rigzone. Hogan said, “there are a couple of catalysts in today’s move in natural gas prices”. ?? https://lnkd.in/eZnuZjAe
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Market trends in early December: Oil, gas and CO2 prices show volatility #BrentOil #Co2Emissions #Europe #Futures #Gas #Oil #TtfGas https://lnkd.in/dbm4VSqc
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Europe: Brent oil, gas and CO2 prices see fluctuations in the fourth week of January 2025 #BrentOilFutures #Co2Emission #Europe #Gas #Oil #TtfGasFutures https://lnkd.in/dkTTz4mG
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Will Natural Gas Recover From Current Levels? ?? What's next for natural gas? ?? Check out all the details now and get the inside edge on all the technical analysis. ?? https://lnkd.in/dazYsEst Happy Trading! ?? Commodity Samachar Learn and Trade?with?Ease??? #naturalgas #naturalgasprice #technicalanalysis #marketupdate
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