Markets

Natural gas futures were lower through midday trading Wednesday, retreating sharply from early highs as the market continued to wrestle with a mixed fundamental outlook underscored by an enduring storage overhang. Here’s the latest: June Nymex futures down 2.4 cents to $2.183/MMBtu as of 2:11 p.m. ET; July off fractionally at $2.469 The rally that…

Spurred on by dipping production figures amid springtime pipeline maintenance, natural gas futures continued to find upward momentum in early trading Wednesday. With bulls aiming to send prices higher for a fifth consecutive session, June Nymex futures were up 5.4 cents to $2.261/MMBtu at around 8:45 a.m. ET. Domestic production totaled 95.1 Bcf/d in early…

Natural gas futures on Tuesday notched a fourth-straight day of gains – albeit barely – on maintenance-induced reductions to already lower production activity. At A Glance: Production hits May low Weather forecasts mixed LNG steadies above 12 Bcf/d Coming off a cumulative gain of more than 25 cents over the prior three sessions, the June…

Mexico’s dependency on the United States for natural gas supplies is expected to continue to rise and hit record levels during the country’s next presidential administration from 2024-2030, according to Adrián Duhalt, a research scholar at Columbia University’s Center on Global Energy Policy. Mexico’s natural gas imports via pipeline have averaged 6.08 Bcf/d year-to-date through…

Having posted sizable gains since late last week, natural gas futures were up a more modest amount through midday Tuesday; traders were left to mull a fundamental outlook headlined by falling supply estimates. Here’s the latest: June Nymex futures up 1.2 cents to $2.207/MMBtu as of 2 p.m. ET Front month up roughly 20 cents…

With falling supply amid springtime pipeline maintenance supporting the fundamental outlook for natural gas, futures added to their recent gains in early trading Tuesday. The June Nymex contract was up 1.7 cents to $2.212/MMBtu at around 8:30 a.m. ET. July was up 1.2 cents to $2.475.  Daily production declined sharply in updated estimates on Tuesday…

Natural gas futures continued their winning ways on Monday, advancing for a third straight day amid supply curtailments, improving LNG levels and forecasts for late-May heat. At A Glance: Production hovers at 97.5 Bcf/d Feed gas volumes add strength NGI models 77 Bcf storage build After gaining more than 20 cents over the final two…

With recent developments supporting the summer export demand outlook, natural gas futures were headed for a third straight daily gain through midday trading Monday. Here’s the latest: June Nymex futures at $2.206/MMBtu, up 6.4 cents, as of 2:17 p.m. ET Nymex natural gas speculators increased their collective net short position during the week ended April…

Global natural gas prices continued to climb on Monday amid hotter weather, supply constraints and increasing competition among buyers.  The prompt Dutch Title Transfer Facility gained 4% Monday to finish just above $10/MMBtu. The contract increased by 9% last week, when the Japan-Korea Marker also climbed by 3%. Extreme heat has gripped South and Southeast…