U.S. natural gas futures slipped to a one-week low on Tuesday on rising output and expected lower demand over the next two weeks because of increased nuclear and wind power generation. That price dropped despite rising liquefied natural gas (LNG) exports now that the sixth train at Cheniere Energy Inc's Sabine Pass plant is producing LNG in test mode. In October global gas prices soared to record highs as power utilities around the world scrambled for LNG cargoes to replenish low [Read more]

U.S. natural gas futures slipped to a one-week low, as output rose to a record high while there were also ample amounts of gas in storage for the winter. That price decline came despite forecasts for cooler weather and higher heating demand next week, a 6% increase in European gas prices, the start of a new liquefaction terminal in Louisiana and record U.S. liquefied natural gas (LNG) exports. In October, global gas prices soared to record highs as utilities scrambled for LNG cargoes to [Read more]

U.S. natural gas futures edged up on Monday on forecasts for cooler weather and higher demand next week than previously expected. Traders also noted U.S. prices rose as a 4% increase in European gas prices for December and the start of a new liquefaction terminal in Louisiana boosted U.S. liquefied natural gas (LNG) exports to a record high. That U.S. price rise came despite an increase in output and ample amounts of gas in storage for the winter. In October, global gas prices soared to [Read more]