Argentina: CNG sales fall by 90% following coronavirus mitigation measures
The Chamber of CNG Dispensers (CeGNC) says that refuelling has dropped by 90% since the implementation of mitigation measures against COVID19.
Google Mobility Assessment
How good can we expect from China, Hong Kong, Australia
Gas Price Overview:
(For the week ending Wednesday, April 8, 2020)
Natural gas spot prices rose at most locations this report week (Wednesday, April 1 to Wednesday, April 8). The Henry Hub spot price rose from $1.60 per million British thermal units (MMBtu) last Wednesday to $1.80/MMBtu yesterday. 12.5% increase.
At the New York Mercantile Exchange (Nymex), the price of the May 2020 contract also 20c increased 20¢, from $1.587/MMBtu last Wednesday to $1.783/MMBtu yesterday. The price of the 12-month strip averaging May 2020 through April 2021 futures contracts climbed 13¢/MMBtu to $2.346/MMBtu.
The net injection to working gas totaled 38 billion cubic feet (Bcf) for the week ending April 3. Working natural gas stocks total 2,024 Bcf, which is 76% more than the year-ago level and 19% more than the five-year (2015–19) average for this week.
The natural gas plant liquids composite price at Mont Belvieu, Texas, rose by 3¢/MMBtu, averaging $2.52/MMBtu for the week ending April 8. The prices of isobutane and ethane fell by 2% and 5%, respectively. The price of natural gasoline remained flat week over week while the prices of propane and butane rose by 1% and 20%, respectively. Recently issued waivers allowing continued sales of winter-grade gasoline have enabled more butane blending, which increased butane prices.
According to Baker Hughes, for the week ending Tuesday, March 31, the natural gas rig count decreased by 2 to 100. The number of oil-directed rigs fell by 62 to 562. The total rig count decreased by 64, and it now stands at 664.
weather drove increased natural gas consumption: colder-than-normal average temperatures
Multi Commodity Exchange of India Limited (MCX) reported Indian Gas MCX rose from 121.6 to 135.7 a 11.5 increasefor a 1 week period, recording starting to recover
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