Storage

NatGas Futures Continue Slump; Cash Plummets on Soft Holiday Demand

Natural gas futures continued to slump Wednesday as a bearish medium-range weather outlook overshadowed another weekly storage withdrawal. The spot market was dripping in red ink, with forecast weak demand following the Thanksgiving holiday not offering much incentive for buyers to lock in deals through the long weekend. The NGI National Spot Gas Average tumbled 17 cents to $2.74. Read More

December NatGas Falls Again Ahead of Predicted Storage Withdrawal; Cash Unchanged

Natural gas futures fell for the second consecutive day Tuesday, threatening to fill the bottom of a gap in the chart that formed earlier this month. With the Thanksgiving holiday approaching, spot prices were mixed, and save for some larger shifts in the Northeast and in the West, changes mostly fell within a nickel of even. The NGI National Spot Gas Average finished flat at $2.91. Read More