Cme

Natural gas futures were soaring higher in early trading Monday after a bullish shift in forecasts over the weekend raised the prospect of upcoming cold reaching more populated areas of the eastern Lower 48. The March Nymex contract was up 19.5 cents to $2.759/MMBtu at around 8:45 a.m. ET. Over the weekend weather models increased…

Natural gas futures hovered close to even early Friday as forecasts continued to favor frigid temperatures moving into parts of the Lower 48 next month, while analysts contemplated the implications of this week’s “disappointing” inventory data. The March Nymex contract was up 0.7 cents to $2.671/MMBtu at around 8:35 a.m. ET. As of early Friday…

Natural gas futures retreated early Thursday as one of the major weather models trended warmer, while upcoming government inventory data was expected to take a backseat to forecasts in terms of influencing future price action. The March Nymex contract was down 4.4 cents to $2.658/MMBtu at around 8:45 a.m. ET. Selling corresponded to changes in…

Overnight weather models extended a recent cold shift in the forecasts, giving natural gas futures continued upward momentum in early trading Wednesday. The expiring February Nymex contract was up 6.2 cents to $2.718/MMBtu at around 8:40 a.m. ET, while the March contract was trading 6.0 cents higher to $2.696. Another round of colder-trending weather data…

CME Group plans to launch a futures contract in March that would provide a regulated, market-based solution to manage global emissions risk. The Global Emissions Offset (GEO) futures contract, which is pending relevant regulatory reviews before a launch on March 1, was jointly developed with Xpansiv CBL Holding Group, a data and technology firm focused…

CME Group said late Wednesday it plans to launch two Asian liquefied natural gas (LNG) futures contracts and four Japanese electricity futures contracts in February. While the electricity contracts would expand CME’s suite of global power futures and options, the two LNG contracts could provide Japanese power producers another tool to manage price risk, the…

As the market prepared to digest the latest government inventory data, expected to show a hefty withdrawal from U.S. gas stocks, mixed overnight weather trends saw natural gas futures retreat in early trading Wednesday. The January Nymex contract was off 6.7 cents to $2.713/MMBtu at around 8:35 a.m. ET. After previously showing a warmer outlook…

Roughly a year after CME Group launched its U.S. liquefied natural gas (LNG) futures contract, the first ever available in the world for physical LNG delivery, it has yet to trade as the spot market continues to evolve and global players have long been slow to adopt new financial tools in their deals.  Developing a…

Liquefied natural gas (LNG) buyers beginning in October will be able to purchase physical volumes of the super-chilled fuel through CME Group’s new LNG futures contract, the company said Wednesday.