Latest news with #weatherforecasts
Yahoo
17-07-2025
- Business
- Yahoo
Nat-Gas Prices Erase Early Gains as Weekly EIA Inventories Build
August Nymex natural gas (NGQ25) on Thursday closed down -0.009 (-0.25%). Aug nat-gas prices on Thursday fell from a 2.5-week high and settled slightly lower after weekly EIA nat-gas supplies rose more than expected. The EIA reported that nat-gas inventories rose by +46 bcf in the week ended July 11, above expectations of +45 bcf. Nat-gas prices initially rallied on Thursday due to warmer US weather forecasts, which could boost nat-gas demand from electricity providers to meet increased air conditioning usage. Forecaster Vaisala said forecasts remain above normal for the July 22-26 period across the US, with highs in the mid-90s expected in the middle of the country and in the east for the second half of the period. More News from Barchart Nat-Gas Prices Continue Higher on Hot US Weather Forecasts Crude Oil Prices Fall Due to a Focus on Oil Surplus Crude Oil Prices Fall Due to a Focus on Oil Surplus Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Lower-48 state dry gas production on Thursday was 107.2 bcf/day (+4.3% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 80 bcf/day (-1.6% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 15.3 bcf/day (-2.2% w/w), according to BNEF. An increase in US electricity output is positive for nat-gas demand from utility providers. The Edison Electric Institute reported Wednesday that total US (lower-48) electricity output in the week ended July 12 rose +1.1% y/y to 98,133 GWh (gigawatt hours), and US electricity output in the 52-week period ending July 12 rose +2.4% y/y to 4,248,982 GWh. Thursday's weekly EIA report was slightly bearish for nat-gas prices since nat-gas inventories for the week ended July 11 rose +46 bcf, above the consensus of +45 bcf and the 5-year average of +41 bcf for the week. As of July 11, nat-gas inventories were down -4.9% y/y, but were +6.2% above their 5-year seasonal average, signaling adequate nat-gas supplies. As of July 15, gas storage in Europe was 63% full, compared to the 5-year seasonal average of 72% full for this time of year. Baker Hughes reported last Friday that the number of active US nat-gas drilling rigs in the week ending July 11 was unchanged at 108 rigs, slightly below the 15-month high of 114 rigs posted on June 6. In the past nine months, the number of gas rigs has risen from the 4-year low of 94 rigs reported in September 2024. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
10-07-2025
- Business
- Yahoo
Palantir Hooks Up with Weather AI
Palantir (NASDAQ:PLTR) is teaming up with weather specialist to bring AI-driven forecasts straight into government and enterprise operations via Palantir's FedStart program. That means federal teams can tap satellite-powered predictions through a pre-vetted, compliance-friendly which launched in 2016, uses space?based sensors and AI models to warn of extreme weather. Embedding those insights into Palantir's decision-making platforms could help agencies plan for storms, floods and wildfires before they strike. Last year the U.S. saw 27 weather disasters that each caused over a billion dollars in damage, totaling about $183 billion and leading to 568 fatalities. With that kind of risk on the line, having up-to-date, high-accuracy forecasts could be a game-changer for emergency response and infrastructure planning. Palantir shares have climbed 84 percent so far this year, nearly eight times the gain of the iShares Expanded Tech-Software ETF. Investors will be watching to see if this partnership helps Palantir expand its government footprint and deliver on its AI-powered resilience story. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CTV News
09-07-2025
- Climate
- CTV News
Heat continues in Saskatchewan
Regina Watch WATCH: Heat warnings and air quality warnings are continuing in Saskatchewan. Angela Stewart has your forecast.
Yahoo
06-07-2025
- Climate
- Yahoo
Met Office maps show exact Welsh locations set for major weather swing
Met Office maps show Wales is set for a significant uptick in temperatures in the coming days - with a heatwave possible by the weekend. Temperatures have been in the low to mid twenties in recent days, with cloudy conditions and some heavy rain in parts of the country. But temperatures are set to rise significantly in the coming days, with the mercury potentially hitting 29C by Friday. For Wales to have a heatwave, it has to be 25C for three days in a row. And according to weather maps from the Met Office, there's several parts of Wales which will hit those temperatures on consecutive days. On Thursday, weather maps at 4pm show temperatures of 28C in Monmouth, 26C in Newtown, Cardiff and Builth Wells, 25C in Wrexham and Llandovery, and 24C in Swansea and Bala. On Friday, it will be 29C in Monmouth, 27C in Cardiff, Llandeilo, Builth Wells, Wrexham and Newtown, 26C in Swansea, Carmarthen, Cardigan, and 25C in Pembroke, Bala, Barmouth, Caernarfon and St David's. On Saturday, it will be 27C in Wrexham, 26C in Newtown, Aberystwyth, Builth Wells, Swansea, Merthyr Tydfil, Cardiff, Carmarthen and Llandovery, and 25C in St Asaph, Caernarfon, Bala and Barmouth and Cardigan. On Sunday, it is 27C in Monmouth, 25C in Wrexham, Llandovery, Cardiff and Builth Wells. It will fall just short with 24C in Newtown, Aberystwyth, Swansea and Aberystwyth. Here's what the Met Office says about the weather between July 7 and July 19. Monday: "Apart from an early isolated light shower in the east, the new working week will start fine. "Though a little breezy, it should feel pleasant in the sunshine that appears. Maximum temperature 20C." Tuesday to Thursday: "A ridge of high pressure will gradually build in from the southwest during the Tuesday to Thursday period. Mainly dry with some clear or sunny spells, and warming up too." A long range forecast from Thursday, July 10 to Saturday, July 19: "A broad northwest/southeast split in the weather looks most likely through much of this period. Towards the northwest, Atlantic frontal systems will bring occasional rain and cloudier skies at times, along with breezier conditions, though there should be some drier, brighter interludes too. "Further south and east, high pressure will likely dominate with a fair amount of dry and sunny weather to be had. With this, there is a signal for increasing heat and humidity and the potential for another period of hot weather to develop by the second weekend of July, probably lasting into the start of the following week. "Given the anticipated high temperatures, the chance of thunderstorms also increases, though widespread rainfall across southern areas looks unlikely." Get daily breaking news updates on your phone by joining our WhatsApp community here. We occasionally treat members to special offers, promotions and ads from us and our partners. See our Privacy Notice.
CBS News
02-07-2025
- Climate
- CBS News
Rain chances continue overnight across Maryland
More rain possible in Maryland before dry weather More rain possible in Maryland before dry weather More rain possible in Maryland before dry weather The severe thunderstorm watch that was in effect for much of Maryland Tuesday has been canceled, with the most intense storms now confined to the southern portion of the state. A cold front responsible for Tuesday afternoon's stormy conditions pushed through the region by Tuesday night, bringing an end to the threat of widespread severe weather and flooding. While spotty showers may linger into the overnight hours, any additional rainfall is expected to be light and non-threatening. Overnight lows will drop to near 70 degrees. Clouds and a few early showers may linger into Wednesday morning, with temperatures starting in the 70s. As the day progresses, skies will begin to clear and highs will climb into the 80s. Humidity levels will also dip slightly behind the front, bringing a more comfortable feel to the air. Thursday is shaping up to be a beautiful summer day, with sunny skies and high temperatures in the upper 80s. Overnight lows will settle into the upper 60s. Looking ahead to Independence Day, the forecast appears ideal for outdoor celebrations. Temperatures will begin in the 70s Friday morning and rise to the upper 80s by the afternoon. By fireworks time in the evening, temperatures are expected to fall to around 80 degrees under clear skies. The weekend will feature more typical July weather as humidity begins to increase again. Despite the more humid conditions, dry weather is expected both Saturday and Sunday, with a mix of sun and clouds and highs near 90 degrees. Overnight temperatures will return to the low 70s by Sunday morning. The return of full summer heat and humidity is expected next week, with afternoon highs in the low 90s and daily chances for scattered thunderstorms. The most likely day for storms currently appears to be Tuesday.
