The Latest Breaking News from BNEF

Analysis from Bloomberg says even if nuclear is successfully implemented it would be ‘at least four times’ more expensive than average cost of renewables

July Nymex natural gas (NGN24 ) on Wednesday closed down by -0.128 (-4.64%). July nat-gas prices Wednesday sold off to a 3-week low and closed sharply lower. Nat-gas prices tumbled Wednesday as US weather forecasts shifted cooler, which will reduce nat-gas demand from electricity providers to power air-conditioning. Atmospheric G2...

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.168 (-5.78%). July nat-gas prices Thursday fell to a 2-week low and finished sharply lower. Nat-gas prices retreated Thursday after updated weather forecasts shifted cooler, which will curb nat-gas demand from electricity providers to power air-conditioning. Maxar Technologies said...

July Nymex natural gas (NGN24 ) on Tuesday closed up by +0.121 (+4.34%). July nat-gas prices Tuesday closed sharply higher. Updated weather forecasts Tuesday that called for hotter US temperatures fueled a rally in nat-gas prices. Maxar Technologies said Tuesday that forecasts have shifted hotter for parts of the eastern...

July Nymex natural gas (NGN24 ) on Monday closed down by -0.093 (-3.23%). July nat-gas prices Monday dropped to a 1-week low on the outlook for US gas supplies to remain elevated. As of June 7, nat-gas inventories were +23.9% above their 5-year seasonal average, signaling ample nat-gas supplies. Nat-gas...

July Nymex natural gas (NGN24 ) on Friday closed down by -0.078 (-2.64%). July nat-gas prices Friday posted moderate losses. Updated weather forecasts that call for cooler US temperatures that will curb air-conditioning usage weighed on nat-ga prices Friday. The Commodity Weather Group said Friday that half of the eastern...

July Nymex natural gas (NGN24 ) on Thursday closed down by -0.086 (-2.82%). July nat-gas prices settled moderately lower on Thursday after weekly EIA nat-gas supplies rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended June 7 rose +74 bcf, above the consensus of...

July Nymex natural gas (NGN24 ) on Wednesday closed down by -0.084 (-2.68%). July nat-gas prices Wednesday retreated on the outlook for ample US nat-gas supplies to continue despite hot weather. As of May 31, US nat-gas inventories were up +13.5% y/y and were +25.1% above their 5-year seasonal average....

July Nymex natural gas (NGN24 ) on Tuesday closed up sharply by +0.223 (+7.67%). July nat-gas prices Tuesday rallied sharply to a 4-3/4 month nearest-futures high. Nat-gas prices soared Tuesday on the outlook for hotter-than-normal US temperatures that will boost nat-gas demand from electricity providers for air-conditioning. NatGasWeather said Tuesday...