QGMAIN E-mini Natural Gas Futures(JUN4)
- 2.635
- +0.140+5.61%
E-mini Natural Gas Futures(JUN4) News
The Red Sea situation is more than just turbulent; is the global LNG trade pattern being reshaped?
Currently, four months have passed since a liquefied natural gas tanker passed through the Mander Strait, which separates the Arabian Peninsula from Africa, proving how violent attacks in that narrow strait disrupted global energy trade.
Red Sea Disruptions Are Splitting Global LNG Trade Into Regions
It’s been four months since a liquefied natural gas tanker has passed through the narrow strait separating the Arabian Peninsula and Africa, testament to how violent attacks there have upended global energy trade.
Gas Price Increases Accelerate in April as Overall Inflation Pressures Ease
The energy index rose 1.1% in April, the same increase as in March. The cost of energy in April was up 2.6% from last year.
U.S. Natural Gas Futures Rise Ahead of Storage Report -- Market Talk
0927 ET - U.S. natural gas futures are higher as the market awaits the EIA's weekly storage report, which is expected to show a slight increase in the inventory surplus. Analysts in a Wall Street Jour
Are production cuts+low prices boosting US natural gas expected to get out of the surplus situation this winter?
Analyst John Kemp said ultra-low prices are maximizing the generator's gas combustion and forcing producers to cut back on drilling, which will ensure the US removes excess gas by the end of the 2024/25 winter.
AI will fuel the gas boom! Multiple Reports Sing Too Many: Electricity Demand Will Surge By 2030
① The huge energy demand from artificial intelligence and data centers has brought huge upside to the natural gas industry; ② Wells Fargo's report indicates that US electricity demand is expected to grow 20% by 2030; ③ industry figures point out that renewable energy alone may not meet electricity demand, and natural gas will be needed to supplement it at that time.
U.S. Natural Gas Futures Move Cautiously Higher -- Market Talk
0838 ET - U.S. natural gas futures are steady to higher as the front month switches to June after Friday's weak May expiry. A brief respite in growing storage is possible with this week's EIA report t
Goldman Sachs: The US gas market may have declined somewhat recently
Recent trends in the US gas market suggest that prices at Henry Hub (Henry Hub) may have declined somewhat.
It's ironic! Is the reason why the US is once again experiencing “negative gas prices” because oil prices have risen too fast?
① There is so much gas extracted from gas wells in Texas in the US that producers now have to pay customers to “take” the gas from themselves... ② This week, the price of natural gas at the Waha hub in the US Permian Basin fell to a rare -2 US dollars/million baht; ③ And the reason behind this is actually related to the sharp rise in oil prices!
U.S. Natural Gas Glut to Keep Prices Low This Year Before Rising in 2025, EIA Says
U.S. natural gas futures fell sharply Thursday following data that showed a larger than expected injection into storage that left inventories 38% above the five-year average for the week.
Big ups and downs! Damo: Global natural gas prices will be affected by oversupply in the next few years
After a relatively warm winter, there was an oversupply of natural gas around the world, followed by a sharp drop in gas prices.
Morgan Stanley: Global gas oversupply will reach its highest level in decades!
The price of natural gas in the US has dropped by about 22% so far this year, and European countries will be the biggest beneficiaries of low-priced natural gas.
What sparks will AI spark with the oil and gas industry? Analyst: Mining costs may be reduced by 50%
① At present, artificial intelligence technology has gradually penetrated the oil and gas industry; ② According to a survey of the energy industry recently released by KPMG, two-thirds of CEOs believe that investing in generative artificial intelligence is a top priority; ③ industry data shows that artificial intelligence technology has accelerated drilling speed while significantly saving costs.
Saudi Aramco CEO: The global energy transition is failing, and the idea of phasing out fossil fuels is unrealistic
① Nasser said that the energy transition is failing, and policymakers should abandon the illusion of “phasing out oil and gas” at this stage; ② He pointed out that currently wind energy and solar energy together account for less than 4% of the global energy supply, and the penetration rate of electric vehicles is less than 3%.
Ukraine says “no renewal”! Natural gas prices soar and global demand will “grow strongly”
Ukraine's top energy official said a few days ago that no new agreement will be considered after the transit agreement expires. This also means that Europe's energy market will face a wave of shocks.
Natural Gas Climbs Above $2 After US, Qatar Output Declines
Natural Gas prices are soaring in both the European and US futures markets.
US gas prices surged 7%! America's largest producer joins the production reduction team
In the face of oversupply and low prices in the natural gas market, many top natural gas producers have announced that they will reduce production this year.
Global LNG Demand Seen Rising in 2024 From China, Europe
Global liquefied natural gas (LNG) demand will grow in 2024 with top buyer China back in the market and consumption in Europe rising, a TotalEnergies executive said on Wednesday.
Saudi oil field reserves rise: natural gas increases by 15 trillion cubic feet, condensate increases by 2 billion barrels
① Saudi Aramco also discovered 15 trillion standard cubic feet of natural gas reserves at the local Jafurah (Jafurah) oil field; ② The oil field's natural gas reserves reached 229 trillion cubic feet, and condensate reserves reached 75 billion barrels.
Qatar announced plans to expand natural gas production, which is expected to reach 142 million tons per year
This Middle Eastern country is already one of the world's largest exporters of liquefied natural gas, and plans to increase production capacity by 16 million tons every year.