Storage

April Natural Gas Slips Amid On-Target Storage Data, Robust Supply

April natural gas prices failed to hold onto modest early gains on Thursday, settling 2.1 cents lower at $2.617 as the latest storage data from the Energy Information Administration confirmed “no urgent tightness” in the market. Spot gas prices also continued to decline as snow began to thaw and temperatures were rising along the East Coast. The NGI National Spot Gas Average was down 8 cents to $2.48. Read More

April Natural Gas Up Pennies As Cold Blast Sweeps East Coast

April natural gas prices got a reprieve from Monday’s downturn as a strong weather system with rain, snow and colder-than-normal temperatures tracked across the eastern half of the United States, lifting the prompt month 2.4 cents to settle Tuesday at $2.675. Spot gas prices were mixed but sharply higher in the Northeast as demand was expected to remain unseasonably strong for another day. The NGI National Spot Gas Average was up 9 cents to $2.65.

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