Forward

May natural gas forward prices rose an average 8 cents from April 20 to 26, as increasing storage deficits put the ball back in market bulls’ court, albeit temporarily, according to NGI’s Forward Look.

Natural gas forward prices for April averaged 2 cents higher from Feb. 23 to March 1 as March comes roaring in like a lion, with several cold snaps following a mostly mild February, which could perhaps lead to heftier storage withdrawals in the coming weeks, according to NGI’s Forward Look.

Natural gas forward prices for March fell an average 13 cents between Feb. 2 and 8 as only brief periods of cold weather in the forecast were no match for record production, according to NGI’s Forward Look.

November natural gas forward prices fell an average 6 cents between Oct. 20 and Oct. 26 as record production and elusive cold weather forecast for the coming weeks weighed heavily on a market anxious to get the winter heating season underway, according to NGI’s Forward Look.

Natural gas forward prices for October rose an average 9 cents from Aug. 25 to 31, with the majority of that gain attributed to tight storage conditions that apparently just came to light for the market following this week’s storage report from the U.S. Energy Information Administration (EIA), according to NGI’s Forward Look.

August natural gas forward markets rose an average 4.3 cents between July 14 and 20 as scorching temperatures this week lifted power burn to the highest levels of the summer so far, while longer-term weather forecasts continued to show some cooling in key demand regions, according to NGI’s Forward Look.

Natural gas forward prices fell at most locations across the United States for the period between May 19 and 25 as bearish storage news and a lack of clarity in long-term weather forecasts pressured markets, according to NGI’s Forward Look.

Natural gas forward prices fell at most locations across the United States for the period between May 19 and 25 as bearish storage news and a lack of clarity in long-term weather forecasts pressured markets, according to NGI’s Forward Look.

June natural gas forward prices fell an average 8 cents from April 28 to May 2 as bearish near-term weather and producer selling pressured the markets, according to NGI Forward Look.