Physical natural gas for weekend and Monday delivery slumped in Friday’s trading as all traders had to do was look at near-term weather forecasts and remember that incremental weekend purchases could be made via electronic media. Three-day deals did not seem necessary.
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NatGas Cash Firm, But Record Thin Storage Draw Keeps January Slide Alive
Physical natural gas for Friday delivery traded nominally higher Thursday as supportive power pricing and somewhat tempered weather forecasts enabled solid double-digit gains at eastern points.
Cash NatGas, Futures Fighting Uphill Battle With Mild Weather, Storage
Physical natural gas for Wednesday delivery continued to slip lower Tuesday as weather forecasts continued to be uninspiring and traders saw little on the horizon to spark any kind of price rally.
Cash NatGas Slips a Penny, Futures Inch Higher
Natural gas for Wednesday delivery moved little in Tuesday’s trading as near-term weather conditions in populous eastern and Midwest markets remained mostly benign and any seasonal cold looked to be at least a couple of weeks away.
Physical Prices Slip 2 Cents; NatGas Futures Crumble
Physical natural gas for delivery Tuesday moved little on average Monday, with gains in California, the Rockies and West Texas nearly offsetting declines in the Gulf, Midcontinent, and Midwest. The NGI National Spot Gas Average fell 2 cents to $2.01.
Price Rebound Seen by 3Q2016; Cash Works Higher, Futures Mixed
Physical natural gas for weekend and Monday delivery managed a small advance in Friday’s trading as outsized gains in the East overshadowed hefty declines in the Midwest and California.
Physical NatGas Mostly Steady; Futures Slump
Following Friday’s sharply lower physical natural gas prices, deliveries for Tuesday proved to be a mixed affair.
Little Change Seen in NatGas Cash, Futures; October Fractionally Higher
Buyers and sellers of physical natural gas for Wednesday delivery by and large drew to a tie in Tuesday’s trading.
Northeast Natural Gas Decline Leads Broad Retreat; September Drops A Nickel
Physical natural gas for weekend and Monday delivery slumped in Friday’s trading as traders were reluctant to commit to 3-day deals in spite of weather forecasts calling for above normal temperatures in populous eastern markets.
Eastern NatGas Points Lead Market Lower; Futures Strike Out With Storage Stats
Spot natural gas for Friday delivery scooted lower in Thursday's trading at about the same rate as the prompt-month futures contract, which failed to rally…