Mercados

ARTICLES

Nymex July Natural Gas Edges Higher as Heat Trumps Bearish Storage Data

  • July natural gas prices end a volatile day in the black as heat remains supportive
  • “The pattern is certainly hot/bullish enough to threaten $3 if the markets wanted to weigh weather forecasts more heavily than strong production.” - NatGasWeather
  • Energy Information Administration reports another bearish storage injection
  • Cooler temperatures in California send SoCal Citygate spot gas prices tumbling
Read More

Nymex July Natural Gas Bounces Back On Increasing Heat; Spot Gas Mixed

  • Nymex July natural gas futures claw back from two-day decline as forecasts show hotter end of June/early July
  • Storage estimates pointing to mid-80s Bcf build in inventories for week ending June 15
  • Traders eyeing production to reduce storage deficit in coming weeks; EIA says July production growth could exceed 1 Bcf/d
  • Pipeline work causing volatility in several regions across United States; SoCal Citygate prices climb a third straight day
  • BREAKING: EIA reports a 91 Bcf storage injection for the week ending June 15
Read More

Heat Lifts July Natural Gas Ahead of Thursday’s EIA Report; Spot Gas Mostly Lower

  • Nymex July natural gas contract climbs to $2.963 on near-term heat
  • Market expectations for Thursday’s EIA storage report are for an inventory build in the low 90s Bcf
  • Bud downgraded to tropical storm; storm could be limiting liquefied natural gas imports on Mexico’s West coast
  • BREAKING: EIA reports a 96 Bcf injection into storage for the week ending June 8
Read More