Bearish

January Natural Gas Crashes as Winter Weather Lacks Staying Power; Cash Prices Mostly Up

January Natural Gas Crashes as Winter Weather Lacks Staying Power; Cash Prices Mostly Up

Natural gas futures cratered Monday, hammered by soaring natural gas production and a lack of weather-driven demand. At A Glance: Front month sinks 15.0 cents Mild weather persists California spot prices rise The January Nymex natural gas contract settled 15.0 cents lower at $2.431/MMBtu. The front-month reversed earlier losses to a $2.294 intraday low. February…

December 11, 2023
Natural Gas Futures in Freefall as Wintry Weather Not Likely to Return Before Late December

Natural Gas Futures in Freefall as Wintry Weather Not Likely to Return Before Late December

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…

December 5, 2022

Traders Eye Buying Opportunity; November Seen A Penny Lower

November natural gas is set to open a penny lower Tuesday morning at $2.91 as weather forecasts prove of little consequence and traders mull purchases.

October 3, 2017
NatGas Prices Survive Bearish Storage Data And Climb Higher On The Week

NatGas Prices Survive Bearish Storage Data And Climb Higher On The Week

Outside the Northeast weekly natural gas prices showed broad strength as only five points in California fell into the loss column, and only modestly at best.

March 3, 2017
NatGas Futures Probe Lower Following Historic February Storage Injection

NatGas Futures Probe Lower Following Historic February Storage Injection

April natural gas futures posted a new low for the day Thursday morning after the Energy Information Administration (EIA) reported an unprecedented February storage build, which was greater than the small withdrawal that most in the market were expecting.

March 2, 2017
Weekly NatGas Cash, Futures Both Fall 20 Cents; Trader Sees End-Of-March Spot Futures At $2.32

Weekly NatGas Cash, Futures Both Fall 20 Cents; Trader Sees End-Of-March Spot Futures At $2.32

Both physical and financial natural gas prices suffered what seemed to be a never ending succession of weather outlooks calling for unusual winter warmth during the week that ended Feb. 17. All points followed by NGI fell into the loss column and the NGI Weekly National Spot Gas Average tumbled 20 cents to $2.75.

February 17, 2017
Forecasted Warm-Up Stifles Bullish NatGas Storage Report’s Impact on Forward Prices

Forecasted Warm-Up Stifles Bullish NatGas Storage Report’s Impact on Forward Prices

Natural gas forwards markets abided by the old adage “what goes up must come down” as January prices plunged an average 44 cents between Dec. 9 and 15 on forecasts for milder weather to close out December, effectively putting prompt-month prices back to where they were at the start of the month, according to NGI’s Forward Look.

December 19, 2016
No Help For Price Bulls; Natural Gas Storage Continues to Build North of 4 Tcf

No Help For Price Bulls; Natural Gas Storage Continues to Build North of 4 Tcf

Natural gas futures tumbled to session lows Thursday morning after the Energy Information Administration (EIA) reported a storage injection that was about in line with market expectations.

November 17, 2016

NatGas Cash, Futures Go Their Separate Ways; November Adds 14 Cents

Three-day deals became a tough sell in Friday’s trading as Hurricane Matthew moved up the Florida coast, and gas for weekend and Monday delivery fell by double-digits, although most points declined by a dime or less.

October 7, 2016
NatGas Traders Turn Other Cheek Following Plump Storage Build

NatGas Traders Turn Other Cheek Following Plump Storage Build

Natural gas futures took a hit Thursday morning after the Energy Information Administration (EIA) reported a storage injection that was a greater than what traders were expecting.

September 1, 2016
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