Kevin Dobbs

Natural gas futures were up early as traders digested modest shifts in fundamental data at the onset of Wednesday’s session. Forecasts showed a slight tilt toward cooler northern weather for the second half of June, but estimates pegged production lighter for a second consecutive day. Coming off a 7.4-cent gain the prior session, the July…

Natural gas futures advanced for the second time early this week, supported by a hit to production and advancing heat in the South that galvanized increased cooling demand. Following a 1.2-cent gain to start the week, the July Nymex gas futures contract advanced 7.4 cents day/day and settled at $2.340/MMBtu on Tuesday. August rose 7.1…

Natural gas futures eked out a narrow gain on Monday despite shifts in weather forecasts and continued reminders of robust supplies. Following a 9.8-cent loss Friday, the July Nymex gas futures contract picked up 1.2 cents day/day and settled at $2.266/MMBtu, bolstered by strength in cash markets. August advanced a half-cent to $2.336. NGI’s Spot…

Natural gas futures climbed early Tuesday, bolstered by a mounting southern heat wave and a maintenance-induced production decline that offset a litany of lingering bearish factors.   Coming off a 1.2-cent gain to start the week, the July Nymex gas futures contract was up 7.2 cents to $2.338/MMBtu at around 8:40 ET Tuesday. “There hasn’t been…

Natural gas futures eked out a narrow gain on Monday despite shifts in weather forecasts and continued reminders of robust supplies. Following a 9.8-cent loss Friday, the July Nymex gas futures contract picked up 1.2 cents day/day and settled at $2.266/MMBtu, bolstered by strength in cash markets. August advanced a half-cent to $2.336. At A…

Natural gas futures were trading sideways early Monday amid wavering weather forecasts and robust supplies. Coming off a 9.8-cent loss Friday, the July Nymex gas futures contract was down a half-cent at $2.249/MMBtu at around 8:45 a.m. ET.   NatGasWeather said weekend forecasts called for strong heat this week in the South, followed by more widespread…

Weekly natural gas cash prices pressed forward alongside a futures rally and forecasts for intensifying heat in the second half of June.  NGI’s Weekly Spot Gas National Avg. for the June 5-9 period gained 8.0 cents to $1.890/MMBtu. The average had declined the prior week in concert with a futures slump. At the end of…

Natural gas futures rallied through most of the week but gave up ground to close out trading Friday after forecasts shed some heat intensity for mid-June and calls for LNG remained relatively light. The July Nymex gas futures contract shed 9.8 cents day/day and settled at $2.254/MMBtu. August fell 10.3 cents to $2.331. At A…

Following four daily gains on the back of lighter production and forecasts for mounting demand, natural gas futures stalled early on Thursday, held in check by a triple-digit storage injection that reminded the market remains long on supplies. Still, traders eventually looked past the government data and toward looming summer cooling demand, lifting the prompt…