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Nymex front month maintaining early gains through midday trading, buoyed by EQT Corp. announcing 1.0 Bcf/d production cut April Nymex contract up 9.2 cents to $1.927/MMBtu as of 2:08 p.m. ET; July up 11.0 cents to $2.576 Per EQT: Curtailments began in late February and to continue through March Northeast dry gas production at 33.3…

As California utilities prepare their systems for upcoming summer demand, hydro-electric generation and other renewable resources remain important tools in the state’s energy resource toolbox. However, natural gas is crucial to the stabilization of the power grid, particularly during extreme events, according to state regulators. The California Energy Commission (CEC) is anticipating more robust hydro…

Natural gas futures were mixed on Tuesday, with the March contract off slightly amid light volume. But the April contract was boosted by bargain buying and a continued slide in production that could, if sustained, address supply/demand imbalance and bolster prices in the medium term. At A Glance: Output slips below 102 Bcf/d Solid but…

Big swings on lighter volume for March Nymex contract into expiry, closes down 4.4 cents at $1.615/MMBtu Gains for 2024 injection season contracts Tuesday as latest production samples pointing to easing output; April Nymex contract climbs 6.4 cents to $1.808 Bloomberg estimated Lower 48 production down to around 101.3 Bcf/d; Wood Mackenzie estimate at 101.7…

With production strong and demand fading, natural gas futures fell prey to price bears once again. At A Glance: NGI models 65 Bcf draw Benign weather in cards Production at 104 Bcf/d Coming off a 2.8-cent gain on Friday – but eight straight losses prior to that – the March Nymex gas futures contract settled…

Nymex futures heading for negative session on return from three-day weekend amid weak heating demand outlook through early March March Nymex contract off 3.2 cents to $1.577/MMBtu as of 2:35 p.m. ET; steeper losses observed for 2024 injection season contracts Euro model seeing highs of 40s and 50s for Midwest and Northeast next week, according…

Natural gas futures rallied again on frigid temperatures and mounting heating demand, continuing an uninterrupted stretch of gains that dates to the opening session of 2024. At A Glance: Prompt month tops $3.300 Snow, freezing air pervasive Production declines 2 Bcf/d Coming off steady advances last week and an 8.7-cent gain to begin this week,…

Nymex natural gas futures soared early in the regular trading session on Wednesday but gave back larger gains as revisions to weather forecasts sapped several days of heating demand. At A Glance: February futures up 1.8 cents  Cold weather eyed for support Chill drives cash higher January futures ended its run as the front-month contract…

January Nymex natural gas futures tumbled in thin volume trade Tuesday, coming off the extended Christmas holiday weekend and ahead of the contract’s expiration at the close of business Wednesday. The more heavily traded February contract also stumbled as traders positioned in preparation for its move into the lead position. At A Glance: January futures…