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Natural gas futures crumbled further on Monday as weather models continued to warm, perhaps even a bit too much. With production above 100 Bcf/d and Freeport LNG still offline, the January Nymex gas futures contract settled at $5.577/MMBtu, down a jaw-dropping 70.4 cents from Friday’s close. February futures slid 68.5 cents to $5.484. At A…

The Energy Information Administration (EIA) reported an on-target 49 Bcf injection into natural gas storage inventories for the week ending Aug. 6, quickly sending futures prices to around $4.00/MMBtu. The 49 Bcf build was on par with major survey estimates ahead of the report and came in not too far removed from historical levels. Last…

Permian Basin pure-play Parsley Energy Inc. has slightly reduced its spending outlook for this year, but overall oil and natural gas production remain on line with projections made late last year.

Permian Basin pure-play Parsley Energy Inc. has slightly reduced its spending outlook for this year, but overall oil and natural gas production remain on line with projections made late last year.

March natural gas was set to open Thursday about 3 cents lower at around $2.556 as overnight weather data dropped some heating demand versus previous expectations.

February natural gas was set to open about 11 cents higher at around $2.846 Thursday, as weather data suggested the current cold blast — expected to extend well into the first week of the new year — could stick around a bit longer.

January natural gas was set to open about 4 cents lower at around $2.595 Thursday, approaching the lows set last week even amid calls for the Energy Information Administration (EIA) to report a robust withdrawal in its 10:30 a.m. EDT storage inventory report.

November natural gas is set to open 6 cents higher Tuesday morning at $3.01 as weather models insert cooler temperatures in the latter stages of the near-term forecast. Overnight oil markets rose.

November futures worked higher Thursday following a report by the Energy Information Administration (EIA) showing a storage injection that was far less than what traders were expecting.