Leticia Gonzales

Natural gas traders appeared to need more convincing that the hugely bullish miss in the latest government inventory data holds water. After bouncing as much as 14.0 cents off its intraday low, the September Nymex gas futures contract settled Thursday at $2.519, up only 2.2 cents from Wednesday’s close. October futures picked up 4.4 cents…

The Energy Information Administration (EIA) stunned the natural gas market with a much smaller-than-expected 18 Bcf net injection into storage inventories for the week ending Aug. 18, providing a boost to futures prices that have struggled this week. At A Glance: BREAKING: EIA reports 18 Bcf injection Surplus tightening continues West spot prices slide Natural…

The Energy Information Administration (EIA) stunned the natural gas market with a much smaller-than-expected 18 Bcf net injection into storage inventories for the week ending Aug. 18, providing a boost to futures prices that have struggled this week. The September Nymex contract was about 5.0 cents lower in the minutes leading up to the weekly…

Natural gas futures continued to slide midweek with the threat of another tropical disturbance keeping traders on guard even amid the ongoing heatwave suffocating much of the Lower 48. The September Nymex gas futures contract settled Wednesday at $2.497/MMBtu, off 6.3 cents on the day. October futures were down 6.0 cents to $2.592. At A…

Natural gas futures retreated on Tuesday as traders brushed off a significant drop in production tied to pipeline maintenance. With rain and wind continuing to batter South Texas in the wake of Tropical Storm Harold and a parade of disturbances meandering across the Atlantic, the Nymex September gas futures contract fell 7.2 cents to $2.5650/MMBtu.…

Natural gas futures retreated on Tuesday as traders brushed off a significant drop in production tied to pipeline maintenance. With rain and wind continuing to batter South Texas in the wake of Tropical Storm Harold and a parade of disturbances meandering across the Atlantic, the Nymex September gas futures contract fell 7.2 cents to $2.560/MMBtu.…

Natural gas futures were higher at the top of the week as searing heat blanketed much of the Lower 48, challenging record power loads and stressing grids. The September Nymex gas futures contract settled Monday at $2.632/MMBtu, up 8.1 cents from Friday’s settlement. October futures climbed 5.2 cents to $2.743. At A Glance: Tropical systems…

Natural gas futures were higher at the top of the week as searing heat blanketed much of the Lower 48, challenging record power loads and stressing grids. The September Nymex gas futures contract settled Monday at $2.632/MMBtu, up 8.1 cents from Friday’s settlement. October futures climbed 5.2 cents to $2.743. At A Glance: Long-range models…

Natural gas forward prices retreated through the Aug. 10-16 period as long-range forecasts point to a cooler end to the month with an increase in tropical activity. Strong production levels outside of maintenance, lagging LNG demand and robust underground stocks also weighed on the market, sending September forward prices down an average 25.0 cents, according…