Natural Gas

The week was filled with stories that kept the business world buzzing. From Elon Musk’s controversial involvement in German politics to the surge in natural gas prices due to freezing US temperatures, there was no shortage of news. Let’s dive into the key stories that shaped the weekend...

After weeks of significant gains, U.S. natural gas prices at the Henry Hub facility plunged on Friday, dropping over 7% to $3.39 per million British thermal units (MMBtu), the lowest in a week. The sharp decline was driven by milder-than-expected cold weather forecasts and a smaller-than-...

An arctic air blast across the U.S. is driving up heating demand and creating volatile conditions in energy markets. What Happened: Natural gas futures bounced back Thursday morning, with February contracts climbing by over 2% to $3.71 per million British units. According to the National Weather...

U.S. natural gas futures are pulling back Tuesday after reaching a 52-week high on Monday. Trading remains volatile with an Arctic blast forecast to hit the nation in January.  The Details: On Sunday, AccuWeather meteorologists released an extended forecast predicting cold Arctic air over much...

U.S. natural gas prices jumped Thursday, with the Henry Hub benchmark – as broadly tracked by the U.S. Natural Gas Fund LLP (NYSE:UNG) – climbing 6.5% to $3.59 per million British units, eyeing the highest close since January 2023. Since the start of the week prices are up 9.5%, cementing the...

As the Magnificent Seven races to dominate artificial intelligence (AI), their power demands are pushing natural gas into the spotlight. According to JPMorgan analyst Arun Jayaram, power demands could add 1.9 Bcf/d to U.S. natural gas consumption by 2028. AI, Electrification Light Up The Grid From...

U.S. natural gas prices are on fire this month, surging by about 50% to reach $3.40 per million British thermal units as of Nov. 21, the highest level in over a year. November is poised to mark the strongest surge in natural gas at the Henry Hub pricing point since July 2022, fueled by heightened...

Geopolitical tensions between Russia and Ukraine are once again roiling global energy markets, with rising prices raising concerns over the potential economic impact on U.S. consumer bills. On Thursday, Russia launched an intercontinental ballistic missile (ICBM) from the Astrakhan region during...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...

U.S. natural gas prices, tracked by the United States Natural Gas Fund LP (NYSE:UNG), are on pace to extend their winning streak to four sessions on Friday as the combination of lower-than-expected inventory builds and increased demand due to persistent heat reversed the bearish trend that...

Energy prices have soared over the past five years as climate change-induced extreme weather has hit several regions of the United States; meanwhile, record-high temperatures have kept Americans indoors. A new report contradicts the narrative that the switch to green energy is the sole factor...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

Energy commodity prices experienced another session of declines on Tuesday, despite investor concerns over potential supply disruptions from Hurricane Beryl. The price of West Texas Intermediate (WTI) light crude, tracked by the United States Oil Fund (NYSE:USO), fell for the third straight session...

TotalEnergies SE (NYSE:TTE), along with the Nigerian National Petroleum Corporation Ltd (NNPCL), is set to develop the Ubeta gas field in Nigeria. TotalEnergies is the OML 58 onshore license operator in Nigeria with a 40% interest. NNPCL holds a 60% stake. The OML 58 license project is situated...

The U.S. faces severe heat waves, impacting areas from the Midwest into much of the Ohio Valley, Great Lakes, Northeast, and Mid-Atlantic through the next few days. According to the latest updates from the National Oceanic and Atmospheric Administration (NOAA), high temperatures and warm overnight...