Items Tagged with 'storage'

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Like Crude and Stocks, Natural Gas Futures Rally to Open Week; Cash Soft on Mild Temps

Energy and stock markets steadied themselves Monday after last week’s swoon over Covid-19 fears, and natural gas futures followed the broader trend, rebounding decisively despite a lack of weather-driven demand in the forecast. The April Nymex contract added 7.2 cents to settle at $1.756/MMBtu, while May picked up 6.5 cents to $1.797. Read More
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Small Rally for Front Month as Depressed Natural Gas Futures Market Waiting on Weather

After recent heavy selling, signs of colder temperatures returning near the end of the 15-day outlook provided enough impetus for a modest natural gas futures rally Thursday; however, an on-target inventory report saw prices pull back a few cents. The February Nymex contract went on to settle 2.1 cents higher at $1.926/MMBtu after trading as high as $1.980. March settled at $1.904, up 0.4 cents. Read More