Rebounding from Thursday’s 21.4-cent freefall following a larger-than-expected storage injection, May natural gas futures on Friday reached a high of $4.099 before closing the regular session at $4.039, up 5.4 cents from Thursday’s finish but 3.1 cents below last week’s close.
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Futures Gain a Nickel as Overall Direction Is Debated
Rebounding from Thursday’s 21.4-cent freefall following a larger-than-expected storage injection, May natural gas futures on Friday reached a high of $4.099 before closing the regular session at $4.039, up 5.4 cents from Thursday’s finish but 3.1 cents below last week’s close.
Nearly All Locations Record Fairly Small Losses
As a marketer had predicted a day earlier, the 6.2-cent drop by futures combined with a lack of heating load in nearly all areas would be sufficient to cause mostly small losses in the cash market Tuesday.
Nearly All Locations Record Fairly Small Losses
As a marketer had predicted a day earlier, the 6.2-cent drop by futures combined with a lack of heating load in nearly all areas would be sufficient to cause mostly small losses in the cash market Tuesday.
Screen Fall Trumps Returning Chill in Lowering Cash
After a 21.8-cent futures drop a day earlier that was largely based on a below-expectations storage withdrawal report, it was hardly surprising to see prices drop across the board Friday, even with colder temperatures returning to some areas during the weekend.
Screen Fall Trumps Returning Chill in Lowering Cash
After a 21.8-cent futures drop a day earlier that was largely based on a below-expectations storage withdrawal report, it was hardly surprising to see prices drop across the board Friday, even with colder temperatures returning to some areas during the weekend.
Futures Softness Induces Dips at Nearly All Points
As a marketer had expected, the 13.3-cent drop by April futures Monday was able to take most of the cash market lower Tuesday, but predicted temperatures remained cold enough in Canada and much of the U.S. to limit declines to less than a dime in nearly all cases.
Futures Softness Induces Dips at Nearly All Points
As a marketer had expected, the 13.3-cent drop by April futures Monday was able to take most of the cash market lower Tuesday, but predicted temperatures remained cold enough in Canada and much of the U.S. to limit declines to less than a dime in nearly all cases.
Winter a ‘Draw’ for Bulls, Bears
March natural gas futures rebounded from Tuesday’s 15.8-cent slide to gain 7.6 cents on Wednesday. The prompt-month contract closed the regular session at $5.386.
Winter a ‘Draw’ for Bulls, Bears
March natural gas futures rebounded from Tuesday’s 15.8-cent slide to gain 7.6 cents on Wednesday. The prompt-month contract closed the regular session at $5.386.