Natural gas prices for June fell an average of 5 cents from April 27-May 4 as an increasingly bearish weather outlook for the remainder of May added to pressure already being brought on by heavy producer selling, according to NGI’s Forward Look.
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May Natural Gas Forwards Values Slip as Winter’s Close Expected Later This Month
May natural gas forward prices fell an average 5 cents between March 30 and April 5 as near-record production and milder weather on tap for the latter part of April dashed any lingering hopes for market bulls, according to NGI’s Forward Look.
Winter (Nearly) Dunzo; May Natural Gas Slides on Milder Temps, Growing Production
May natural gas forward prices fell an average 5 cents between March 30 and April 5 as near-record production and milder weather on tap for the latter part of April dashed any lingering hopes for market bulls, according to NGI’s Forward Look.
April NatGas Forwards Mostly Lower on Robust Supply; Some Markets Surge on Depleted Storage, Pipe Restrictions
April natural gas prices fell an average 6 cents from March 16-22 as not even a cold weather forecast for early April could turn traders’ attention from near-record production, according to NGI’s Forward Look.
Plump Storage Injection Too Little Too Late to Stop NatGas Forwards Rally
Natural gas forward prices for October rose an average 17 cents from Sept. 8-14 as weather forecasts called for warmer-than-normal temperatures to finish out the month, according to NGI’s Forward Look. But the market’s realization that demand destruction caused by Hurricane Irma may have been overestimated also weighed on forwards this week.
No Way But Down For NatGas Forwards Amid Improving Storage, Returning Supply and Mild Temps
Natural gas prices for October fell an average 12 cents from Sept. 1 to 6 as a trifecta of factors created the only logical path for forward markets during the short holiday week, according to NGI’s Forward Look. NGI was closed Sept. 4 in observance of Labor Day.
NatGas Forwards Leap 22 Cents On Looming Heat, Bullish Storage Report
What a difference a week makes. Just a week after plunging by the double digits, natural gas September forward prices vaulted an average 22 cents from Aug. 4 to 10 as weather forecasts became more convincing that the United States will experience more hot weather for the second half of August and into the first week of September.