This price has become one of North America’s leading price-setting benchmarks and influences the value of future term contracts. 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.Another highly traded product on NGX is the “AECO/NIT 7A” Monthly Index price.
Daily GPI prices represent next-day natural gas spot prices at various trading locations in the U.S. and Canada. 3 0 obj
From aluminum to zinc and everything in between, join BNN Bloomberg's Andrew Bell for the latest insight into the hot world of commodities and the companies that produce them, including interviews with mineral and mining entrepreneurs from Canada and around the globe. This chart also indicates that winter prices are typically higher than summer prices due to colder seasonal temperatures and higher heating demands.Providing a reliable and economical supply of natural gas to AlbertansCopyright
A polar blast is boosting prices for western Canadian natural gas, narrowing the commodity’s discount to the U.S. benchmark to the smallest in almost a year. The daily index price ("AECO/NIT 2A or 5A") and the monthly index price ("AECO/NIT 7A") are utilized by Alberta’s utility companies to establish their monthly gas cost recovery rates charged to their customers.
ET, Tuesday-Friday at 11 a.m. The trading platform is very liquid and typically sells over twice the amount of natural gas that is actually being produced in Alberta every day.The NGX trading platform is activated very early each day, with gas traders transacting numerous bids and offers every minute on various product offerings. Darren Gee, CEO of Peyto Exploration, discusses the impact of higher AECO prices on the company's operations. Find information about commodity prices and trading, and find the latest commodity index comparison charts.
The main component is methane, also known as CH4. stream
Near-month prices at AECO track Henry Hub prices, the exchange rate and the cost of transportation.
Company profile page for AECO Gas Storage Partnership including stock price, company news, press releases, executives, board members, and contact information
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As one of only two price reporting agencies that include ICE trade data to determine natural gas price indexes, NGI delivers robust indexes at a competitive price. AECO/NGX Spot Price - Settlement: $2.10: CAD/GJ : AECO/NGX Spot Price - Same Day Volume: 318.7: TJ : AECO/NGX Near-Month: September, 2020: $2.20: CAD/GJ : NYMEX Today @ 10:00 AM MST : WTI September, 2020 Contract: $42.10: USD/BBL : Near-Month Gas Contract: $2.16: USD/MMBTU : Daily Average US Exchange Rate: $1.34 * Expressed as a basis to WTI-CMA JUPITER ENERGY ADVISORS INC. noRR S-IO DRY OUTLOOK TEMPERATURE MROE 7 RUS 2020 usd/mmbtu • data by nymex & ngx. {{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }} <>/Metadata 744 0 R/ViewerPreferences 745 0 R/PageLabels 746 0 R>>
Get stock price, historical stock charts & news for Generic 1st 'NG' Future The most frequently traded product is gas supplies priced at “Daily Index”. Edmonton temperatures to drop as low as -34 degrees Fahrenheit Contract terms may be for the day, the weekend, rest of month or future months’ deliveries. usd/mmbtu • data by nymex & ngx. Commodities – Monday at 11:30 a.m. Energy consultancy Aegent Energy Advisors estimates that the AECO differential to the Henry Hub spot price will widen to around US$2 per MMBTU by April 2019, which is 20% greater than the current discount.
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Daily Index is the average price published by NGX for all transactions for that day and does not reflect future prices. ET . Company profile page for Aeco Technology Co Ltd including stock price, company news, press releases, executives, board members, and contact information Gas Alberta also utilizes these index prices, along with a number other factors, in setting its monthly gas rate.The following charts illustrate the daily and monthly index prices of natural gas for the current and prior month.
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Market Insights and Analytics Commodity Prices and Essential Market Data Real-Time News, Prices and Analysis Maps and Geospatial Data Forward Curves and Risk Valuation Data.
At the end of the month, NGX determines the monthly index price for the next month using the weighted average price of all transactions contracted for that month.The daily index price ("AECO/NIT 2A or 5A") and the monthly index price ("AECO/NIT 7A") are utilized by Alberta’s utility companies to establish their monthly gas cost recovery rates charged to their customers.
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monthly average natural gas prices. oil price - lhs (usd/bbl) long short net longs (1000 bbl contracts - rhs) monthly average oil prices. This daily reporting by NGX includes future currency values and price differences between various market locations, commonly referred to as “basis differentials”.The following chart shows the current and future market prices for deliveries in Alberta for the next several years.