Leticia Gonzales

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 32 Bcf natural gas into storage for the week ended Aug. 25. The result exceeded market expectations but proved lean relative to prior years, leaving Nymex natural gas futures trading in a narrow range. At A Glance: BREAKING: EIA reports 32 Bcf injection…

The October natural gas futures contract debuted on strong footing Wednesday, which notably preceded the next government inventory report. After surprising to the low side last week, the potential for another bullish stat sent the October Nymex contract up 13.4 cents day/day to $2.796/MMBtu. November climbed 11.9 cents to $3.181. At A Glance: Long-term storm…

Natural gas futures pumped the brakes on their modest three-day rally Tuesday as traders eyed the potential demand destruction that could be imposed in the near term by Hurricane Idalia. On its final day on the Nymex futures curve, the September contract rolled off the board at $2.556/MMBtu, down 2.3 cents on the day. October…

Natural gas futures pumped the brakes on their modest three-day rally Tuesday as traders eyed the potential demand destruction that could be imposed in the near term by Hurricane Idalia. On its final day on the Nymex futures curve, the September contract rolled off the board at $2.556/MMBtu, down 2.3 cents on the day. October…

After one of the hottest months on record for some key natural gas regions, September baseload natural gas was trending mixed during the first two days of bidweek trading, which runs from Aug. 25-29. NGI’s Bidweek Alert showed the majority of U.S. locations falling month/month as temperatures are expected to ease seasonally in September. However,…

Natural gas futures were higher on Monday after the weekend models showed hot weather returning to the Lower 48 following the Labor Day holiday. After soaring to a $2.695 intraday high, the September Nymex gas futures contract settled at $2.579/MMBtu, up 3.9 cents from Friday’s settlement. October futures edged up only eight-tenths of a cent…

Natural gas futures were higher on Monday after the weekend models showed hot weather returning to the Lower 48 following the Labor Day holiday. After soaring to a $2.695 intraday high, the September Nymex gas futures contract settled at $2.579/MMBtu, up 3.9 cents from Friday’s settlement. October futures edged up only eight-tenths of a cent…

Natural gas spot gas prices were lower this week despite scorching heat that spread outside of California and Texas to blanket much of the Lower 48. Led by steep losses in California, NGI’s Weekly Spot Gas National Avg. plummeted 30.0 cents to $2.300/MMBtu for the week of Aug. 21-25 trading. Nymex natural gas futures also…

Natural gas futures polished off the week with a modest increase, driven by the likelihood of hot weather returning and becoming widespread early next month. The September Nymex gas futures contract settled Friday at $2.540/MMBtu, up 2.1 cents from Thursday’s settlement. At A Glance: No end in sight for Texas heat Surplus erosion to continue…