The most frequently traded product is gas supplies priced at “Daily Index”. Daily Index is the average price published by NGX for all transactions for that day and does not reflect future prices. The daily index price, which is often quoted in the media, is commonly referred to as the “NGX Daily Index”, “AECO/NIT 2A or 5A” Average price. The AECO Hub is a trademarked name used to describe Niska Gas Storage's two facilities (Suffield and Countess), but the pricing point AECO C is a virtual point that has come to mean all gas that There has been a dramatic decline in AECO futures pricing over the past six months, with the average futures price from 2018 to 2021 having fallen from $C 2.36/GJ in July to $C 1.57/GJ today. At the current price, a molecule of natural gas in Alberta is trading at a fifty percent markdown to Louisiana’s Henry Hub. The AECO-C price continued its trend of delinking from the Henry Hub price in 2018. The price differential between AECO-C and Henry Hub widened to US$1.95 per million British thermal units (/MMBtu) in 2018 from US$1.16/MMBtu in 2017, which is wider than it has been in previous years, averaging under US$0.65/MMBtu between 2009 and 2015.
The Canadian AECO-C price is forecast using the historical differential to Henry Hub. Consideration is also given to AECO-C futures as traded on the Natural Gas Exchange (NGX). UK National Balancing Point (NBP) natural gas pricing has been forecast separately from Henry Hub based on futures data from ICE.
A monthly cash settled Exchange Futures Contract based upon the mathematical result of Dollars, published under the heading "NGX AECO 5a Price Index: Total: Average Price US$/MMBtu" in the issue of c) Ref Price A - Specified Price. 3/12/20, %, |, 3/13/19, 19/20, Price. Close, Change, Change AECO 12-month Avg. Futures, (C$/mmbtu), 2.004, -0.005, |, 1.681, 0.323, 1.876. AECO 12-m Avg. 5 days ago Daily — futures curves (USD/bbl) ⇓ Weekly — Friday close Daily — Henry Hub & AECO (USD/MMBtu) Get access to our complete database of historical oil and gas prices, energy statistics and oil sands production data. 17 Oct 2019 CALGARY — A one-month, triple-digit rally in Alberta natural gas prices is piquing the interest of investors, executives say, amid falling Natural gas prices, as with other commodity prices, are mainly driven by supply and demand The standardized NYMEX natural gas futures contract is for delivery of 10,000 million Btu of energy (approximately 10,000,000 cu ft or 280,000 m3 Thus, if the average temperature for a day is 50 °F (10 °C), there are 15 HDDs.
Summary. The AECO-C natural gas price in 2018. decreased by 34 per cent and; averaged Cdn$1.48 per gigajoule (GJ).
This report week is the first time NGI has reported a negative daily volume-weighted average spot price at AECO C, though the average spot price was $0.00/MMBtu on October 6, 2017. Sporadic spot trades with negative prices occurred on May 3, 2018, but the overall price that day averaged $0.14/MMBtu.
28 Oct 2019 Canadian Light Crude Oil Price Differential to WTI. WTI and AECO. $C/GJ. US Natural Gas Futures. Nymex (Henry Hub) 2019 to 2021. 2.00.
The Canadian AECO-C price is forecast using the historical differential to Henry Hub. Consideration is also given to AECO-C futures as traded on the Natural Gas Exchange (NGX). UK National Balancing Point (NBP) natural gas pricing has been forecast separately from Henry Hub based on futures data from ICE. AB NIT (7a/5a) Index Future. Description. A monthly cash settled Exchange Futures Contract based upon the mathematical result of subtracting the monthly price published by Canadian Gas Price Reporter, as defined in Reference Price B, from the average of the daily prices published by Canadian Gas Price Reporter, as defined in Reference Price A. Reference Pricing. Natural gas prices are quoted in relation to a physical location, which is usually a natural gas storage facility or a transfer point on a natural gas pipeline. Natural gas prices are determined daily for physical receipt, or traded for later receipts via the futures market. Natural gas futures are: The third-largest physical commodity futures contract in the world by volume Widely used as a national benchmark price for natural gas, which continues to grow as a global and U.S. energy source Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts. Skip to content. Markets Commodities. averaged Cdn$1.48 per gigajoule (GJ). The AECO-C base price is projected to increase over the forecast period, reaching Cdn$3.52/GJ by 2028. The price differential between AECO-C and Henry Hub reflects transportation differentials, regional supply and demand balances, infrastructure constraints, and the U.S./Canadian dollar exchange rate. In 2018
NOVA/AECO C Canada Natural Gas Prices The March Nymex gas futures contract settled at $1.905/MMBtu, down 1.5 cents from Thursday's close.
3/12/20, %, |, 3/13/19, 19/20, Price. Close, Change, Change AECO 12-month Avg. Futures, (C$/mmbtu), 2.004, -0.005, |, 1.681, 0.323, 1.876. AECO 12-m Avg.
Natural gas is traded on the New York Mercantile Exchange (NYMEX), the world's largest commodity futures exchange. Composed of hydrogen and carbon atoms, 22 Dec 2014 This work product involves forecasts of future natural Historical natural gas prices at Henry Hub, Dawn and AECO-C are shown in Figure 2,