Jeremiah Shelor

After initially probing higher, natural gas futures dipped through midday trading Wednesday. Shoulder-season conditions appeared to be offering few clear signals to push prices in either direction. Here’s the latest: May Nymex futures down 2.2 cents to $1.840/MMBtu as of 2:15 p.m. ET Longer-dated contracts were seeing larger declines. The natural gas market enters the…

Continuing on a path of spring renewal, natural gas futures added to recent gains at the front of the curve early Wednesday, with ongoing signs of production weakness still lending fundamental support. The May Nymex contract was up 1.7 cents to $1.879/MMBtu as of 8:41 a.m. ET. The front month dropped as low as $1.778…

With bulls aiming to send prices higher for a third straight session, natural gas futures were up modestly through midday trading Tuesday as weaker production volumes and stronger physical prices hinted at tightening market conditions.  Here’s the latest: May Nymex futures at $1.854/MMBtu as of 2:13 p.m. ET, up 1.7 cents The front month dipped…

Natural gas futures fell in early trading Tuesday, giving up a large chunk of the previous day’s gains as daily export demand levels faded in updated estimates. Coming off a 7.4-cent rally on Monday, the May Nymex contract was down 5.0 cents to $1.787/MMBtu as of 8:43 a.m. ET. A combination of colder forecast trends…

The first day of April brought bullish price action to both natural gas futures and physical markets through midday Monday as a notable dip in production volumes appeared to fuel upward momentum. Still, like anything else on April 1, it may be best to approach first-of-the-month production estimates with some skepticism. Here’s the latest: May…

Helped by dipping first-of-month production numbers, natural gas futures climbed early Monday, continuing to build on gains from late last week. After rallying 4.5 cents ahead of Good Friday, the May Nymex contract was up another 2.8 cents to $1.791/MMBtu as of around 8:50 a.m. ET. Near-term conditions were creating “market noise” for natural gas…

As an outsized storage surplus continued to hang over the outlook, regional natural gas forward prices shed value during the March 21-27 trading period, NGI’s Forward Look data show. Front month fixed prices at benchmark Henry Hub fell 12.7 cents for the period to end at $1.577/MMBtu. However, the benchmark also saw double-digit losses for…

Natural gas futures were rallying through midday Thursday as the market continued to mull the balance implications of a storage result that landed on the bullish end of expectations. Cash prices, traded for Monday delivery, were generally pushing higher. Here’s the latest: May Nymex contract up 4.8 cents to $1.766/MMBtu at around 2:10 p.m. ET,…

Natural gas futures hovered close to unchanged early Thursday as traders awaited updated government inventory data that was expected to reveal a weekly withdrawal in line with historical norms. The May Nymex contract was up 0.2 cents to $1.720/MMBtu as of 8:41 a.m. ET. June was trading at $1.957, up 0.4 cents. Predictions ahead of…