Markets

‘Uneventful’ Day Sees Natural Gas Futures Finish a Penny Higher; Cash Mixed

Natural gas futures contemplated a move lower Tuesday before recovering to break a front-month losing streak that had lasted for five straight trading sessions. Spot prices were mixed, with generally small moves save for a few points along the East Coast and in the West; the NGI National Spot Gas Average added 6 cents to $2.84/MMBtu. Read More

NatGas Futures Slump Continues with March Down a Dime; Cash Mixed

Natural gas futures slid nearly a dime Monday as the bears maintained control following last week’s nearly 80-cent decline in front-month prices. Much of the spot market weakened along with futures, although chilly temperatures in the Midwest helped lift Midcontinent prices as points in the West rebounded; the NGI National Spot Gas Average fell 14 cents to $2.78/MMBtu. Read More

NatGas Bears Not Heeding Groundhog’s Prognosis; Spot Market Losses Widespread

Punxsutawney Phil saw his shadow Friday, foreboding six more weeks of winter, but maybe it wasn’t obvious by looking at the natural gas markets. Cash prices experienced widespread weakness for a second straight day as a forecast warm-up took the edge off East Coast premiums. The NGI National Spot Gas Average slid 69 cents to $2.92/MMBtu. Read More