eia storage report

Natural gas futures retreated in early trading Monday as forecasts over the weekend advertised milder conditions that would limit early season cooling demand. The June Nymex contract was down 2.3 cents to $2.935/MMBtu at around 8:45 a.m. ET. Changes in the weather data over the weekend pointed to lower overall demand for the next 15…

As updated forecasts hinted at higher cooling demand developing later in May, natural gas futures recovered the previous session’s losses in early trading Friday. After slipping 1.0 cents in Thursday’s trading, the June Nymex contract was up 1.3 cents to $2.941/MMBtu at around 8:45 a.m. ET. Based on the latest forecast data projections from Bespoke…

Natural gas futures slipped lower for a second consecutive session on Thursday, despite a bullish government inventory print and continued robust demand for both U.S. liquefied natural gas (LNG) and pipeline exports. The June Nymex contract fell 1.0 cent day/day and settled at $2.928/MMBtu. The contract lost 2.9 cents on Wednesday. July shed eight-tenths of…

Utilities injected 60 Bcf of natural gas into underground storage during the week ended April 30, the U.S. Energy Information Administration (EIA) reported on Thursday. The result came in bullish relative to analysts’ estimates, providing Nymex natural gas futures a modest bump. Temperatures were cooler throughout the Midwest during the covered week, fueling heating demand…

Coming off a range-bound trading session, and with the latest weather outlook offering little to excite bulls, natural gas futures hovered close to even early Wednesday. The June Nymex contract was off 1.3 cents to $2.954/MMBtu at around 8:45 a.m. ET. Based on the latest forecast data Bespoke Weather Services made a “marginal increase” to…

Continuing to ride higher as summer nears, natural gas futures approached the technically and psychologically significant $3/MMBtu mark in early trading Tuesday. The June Nymex contract was up 2.2 cents to $2.988 at around 8:45 a.m. ET. Overnight colder changes to the forecast increased demand expectations for this weekend into next week, according to NatGasWeather.…

Natural gas futures hovered close to even in early trading Monday, with prices pausing after recent gains even as analysts pointed to further upside moving into the summer. The June Nymex contract was down 1.7 cents to $2.914/MMBtu at around 8:45 a.m. ET. Weather-driven demand expectations trended slightly higher over the weekend, with the forecast…

After a three-day run, natural gas futures screeched to a halt Thursday after the latest round of storage data showed inventories grew more than expected. On the first day in the prompt position, the June Nymex futures contract settled at $2.911/MMBtu, off 4.9 cents day/day. July fell 5.0 cents to 2.961. Spot gas prices also…

The latest storage figure from the U.S. Energy Information Administration (EIA) came in on the high side of expectations Thursday, with the agency reporting a 15 Bcf injection into storage inventories for the week ending April 23. After three straight days in the green, natural gas futures retreated early in Thursday’s session and fell further…