Leticia Gonzales

The Energy Information Administration (EIA) reported a 46 Bcf build into storage inventories for the week ending Aug. 3, lifting stocks to 2,354 Bcf.

With help from some late-session buying, September natural gas rallied for a sixth straight day against a backdrop of an on-target storage injection and weather forecasts calling for cooler temperatures beginning late next week. The Nymex September traded sideways throughout the day before going on to settle at $2.955, up six-tenths of a cent.

With help from some late-session buying, September natural gas rallied for a sixth straight day against a backdrop of an on-target storage injection and weather forecasts calling for cooler temperatures beginning late next week. The Nymex September traded sideways throughout the day before going on to settle at $2.955, up six-tenths of a cent.

September natural gas prices remained in positive territory ahead of Wednesday’s market open, trading up 1.3 cents at $2.91 with no major changes in the latest weather guidance.

September natural gas busted at the seams Wednesday, clearing another technical hurdle as prices jumped 5.2 cents to settle at $2.949 as traders clearly had one thing on their mind: storage. Spot gas prices, however, failed to follow suit despite lingering hot weather in key demand regions. The NGI National Spot Gas Average fell 2 cents to $3.06.

September natural gas busted at the seams Wednesday, clearing another technical hurdle as prices jumped 5.2 cents to settle at $2.949 as traders clearly had one thing on their mind: storage. Spot gas prices, however, failed to follow suit despite lingering hot weather in key demand regions. The NGI National Spot Gas Average fell 2…

September natural gas prices were set to open slightly higher Tuesday, up 1.3 cents at $2.873 ahead of market open, despite some minor changes to weather guidance that trended cooler overall in the most recent models runs.

After what some natural gas market analysts characterized as a “technical pause” on Monday, September natural gas prices climbed 3.7 cents to settle Tuesday at $2.897. The move higher came even as the latest weather outlooks showed periods of cooler weather, wedged between periods of widespread heat. Spot gas prices began losing steam as traders eyed cooler weather around the corner. The NGI National Spot Gas Average fell 11 cents to $3.08.

After what some natural gas market analysts characterized as a “technical pause” on Monday, September natural gas prices climbed 3.7 cents to settle Tuesday at $2.897. The move higher came even as the latest weather outlooks showed periods of cooler weather, wedged between periods of widespread heat. Spot gas prices began losing steam as traders eyed cooler weather around the corner. The NGI National Spot Gas Average fell 11 cents to $3.08.