eia storage report

Fundamentals gained the upper hand in natural gas futures trading on Wednesday, with the July Nymex contract expiring lower amid stubbornly strong production, robust storage levels and lagging LNG demand. At A Glance: Production steady near 100 Bcf/d Storage surpluses seen holding Cash slides on softening demand With Texas poised for a break from the…

Natural gas futures returned to their winning ways Wednesday, supported by strong southern cooling demand and languid production. At A Glance: Market sees low 90s Bcf injection Consumption varies by region Maintenance weighs on output Coming off a 14.0-cent swoon on Tuesday – the first drop in six regular sessions – the July Nymex gas…

Natural gas futures on Thursday rallied for a fourth consecutive session, bolstered by a bullish storage print that came on the heels of hotter weather and lower production. The July Nymex gas futures contract settled at $2.533/MMBtu, up 19.1 cents day/day. August jumped 19.6 cents to $2.609. At A Glance: EIA prints 84 Bcf injection…

Natural gas futures rallied for a fourth straight session on Wednesday, supported by waning production and forecasts for intensifying heat in the second half of this month. The July Nymex gas futures contract gained 6.7 cents day/day and closed at $2.329/MMBtu. August rose 5.2 cents to $2.433. At A Glance: Market sees triple-digit injection Projects…

Natural gas futures faltered on Thursday, driven lower by a robust inventory injection that reflected strong production and anemic demand. The July Nymex gas futures contract, which has lost ground each day this week, dropped 10.8 cents day/day and settled at $2.158/MMBtu.. August lost 8.5 cents to $2.273. At A Glance: EIA posts 110 Bcf…

Natural gas futures forged ahead Wednesday, ending a three-day retreat despite weak weather-driven demand, steady production and expectations for a triple-digit storage increase. At A Glance: Prompt month gains 7.7 cents Market sees 100 Bcf injection National demand proves light The June Nymex gas futures contract on Wednesday gained 7.7 cents day/day and closed at…

The U.S. Energy Information Administration (EIA) reported an injection of 99 Bcf natural gas into storage for the week ended May 12. The result came in well below median estimates and bolstered Nymex natural gas futures. The June Nymex futures contract was up 1.7 cents at $2.382/MMBtu prior to the 10:30 a.m. ET inventory report.…

Natural gas futures on Wednesday finished in the red for the first time in four sessions as traders braced for several robust storage injections amid mild weather and soft export demand. The June Nymex gas futures contract settled at $2.365/MMBtu, down 1.1 cents day/day. July slid 2.5 cents to $2.509. At A Glance: Front month…

Natural gas futures were down slightly in early trading Thursday as the market prepared to price in the latest government inventory data, expected to show a slightly tighter-than-average build, albeit with a string of triple-digit injections lining up in the subsequent weeks. The June Nymex contract was off 1.2 cents to $2.179/MMBtu at around 8:50…