Jeremiah Shelor

Natural gas futures pull back sharply from early highs as bears reassert control amid mild weather, storage glut April Nymex contract down to $1.696/MMBtu, off 6.3 cents, as of 2:21 p.m. ET Front month reached $1.823 high in morning trading after CNX Resources Corp. announced roughly 30 Bcfe production cut Swift reversal for prices started…

Another producer curtailment, coupled with more supportive temperatures into the back half of March, saw natural gas futures pare their recent losses in early trading Tuesday. After falling 4.6 cents in the previous session, the April Nymex contract had gained back 3.4 cents to trade at $1.794/MMBtu as of 8:38 a.m. ET. The early gains…

Natural gas futures retreating through midday trading as expanding storage surplus outweighing cooler temperatures into late March April Nymex contract off 3.6 cents to $1.769/MMBtu as of 2:10 p.m. ET; May down 5.0 cents to $1.873 Lower 48 storage surplus versus five-year average poised to pass 600 Bcf; NGI modeling 3 Bcf withdrawal for week…

Forecasts flashing cooler weather arriving into the second half of March failed to impress natural gas futures traders early Monday as prices eased lower. The April Nymex contract was down 2.4 cents to $1.781/MMBtu as of 8:47 a.m. ET. A number of near-term factors threatened downward pressure on prices as of early Monday, EBW Analytics…

Regional natural gas forwards generally pushed higher at the front of the curve during the Feb. 29-March 6 trading period as ebbing production strengthened the price outlook for a market dealing with excess supply exiting winter, NGI’s Forward Look data show. Fixed prices for April delivery at benchmark Henry Hub added 4.0 cents for the…

Natural gas futures slightly lower through midday trading as underwhelming weather limiting upside April Nymex contract down 1.1 cents to $1.807/MMBtu as of 2:30 p.m. ET; May off 2.7 cents to $1.925 U.S. down four natural gas rigs, including three in Haynesville Shale, per latest Baker Hughes Co. count Production totaling 101.5 Bcf/d for Friday,…

Led by a pullback in Haynesville Shale activity, the U.S. natural gas rig count dropped four units to 115 for the week ended Friday (March 8), according to updated figures from Baker Hughes Co. (BKR). The 115 active U.S. natural gas rigs as of Friday compares with 153 running in the year-ago period, according to…

As updated forecasts weakened a cooler shift for the eastern Lower 48 expected to bring more seasonal weather-driven demand later this month, natural gas futures extended their losses in early trading Friday. After shedding 11.0 cents in the previous session, the April Nymex contract was down another 5.1 cents to $1.767/MMBtu at around 8:40 a.m.…

Regional natural gas forwards generally pushed higher at the front of the curve during the Feb. 29-March 6 trading period as ebbing production strengthened the price outlook for a market dealing with excess supply exiting winter, NGI’s Forward Look data show. Fixed prices for April delivery at benchmark Henry Hub added 4.0 cents for the…