Natural Gas

By Mrinalika Roy Nov 21 (Reuters) – Shale gas producers in the U.S. Permian Basin are sounding out data-center operators building up capacity to power a boom in AI applications, aiming to ease the pressure from a nearly two-year slump in the prices of the commodity. Devon Energy (DVN.N), Expand Energy (EXE.O), Diamondback Energy (FANG.O), …

US Natgas Producers Chase AI-Driven Surge in Power Demand to Weather Low Prices Read More »

(Reuters) – U.S. natural gas futures climbed about 4% to a five-month high on Wednesday on forecasts for colder weather over the next two weeks than previously expected, which should cause utilities to start pulling gas out of storage to meet rising heating demand around the U.S. Thanksgiving day holiday next week. In addition, the …

US Natgas Prices Climb 4% to 5-Month High on Colder Forecast, Jump in LNG Feedgas Read More »

U.S. natural gas futures slid about 3% to a one-week low on Friday on an increase in daily output and forecasts for less cold weather in late November than previously expected. That mild late November weather should reduce heating demand and allow utilities to continue injecting more gas into storage for another week. Capping price …

U.S. Natgas Prices Slide 3% on Rising Output, Less Cold Forecast for Late November Read More »