Unrelenting heat that is expected to continue well into September and a bullish storage injection combined to drive up natural gas forwards prices more than 20 cents on average between Aug. 19 and 25, according to NGI’s Forward Look.
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Power Burn, Bullish Storage Report Revive NatGas Forwards
After sitting relatively idle much of the week, natural gas forwards markets got a boost from a bullish storage report that helped send September forward prices up an average 7.6 cents between Aug. 12 and 18, according to NGI’s Forward Look.
So Long, Summer; NatGas Forwards Plunge 20-Plus Cents
After natural gas markets failed to bat an eye at last week’s historic storage withdrawal, it’s no surprise to see forwards markets plunge by double digits this week.
NatGas Forwards Slide as Summer Wanes
After natural gas markets failed to bat an eye at last week’s historic storage withdrawal, it’s no surprise to see forwards markets plunge by double digits this week.
NGI The Weekly Gas Market Report
Record Heat No Match for NatGas Storage Glut; Forwards Prices Slump
Natural gas forwards markets slid an average of 7 cents between July 8 and 14 as potentially record-setting heat was no match for bloated storage inventories, according to NGI’s Forward Look.
Storage Overhang Pressures NatGas Forwards Despite Record Heat
Natural gas forwards markets slid an average of 7 cents between July 8 and 14 as potentially record-setting heat was no match for bloated storage inventories, according to NGI’s Forward Look.
Weather, Storage, Cash Give NatGas Forwards a Lift
Natural gas prompt-month forward prices posted double-digit gains between May 27 and June 2 as strong cash, bullish storage and supportive weather amped up the market, according to NGI Forward Look.
NatGas Forwards Fueled by Triple Threat of Weather, Storage, Cash
Natural gas prompt-month forward prices posted double-digit gains between May 27 and June 2 as strong cash, bullish storage and supportive weather amped up the market, according to NGI’s Forward Look.
NatGas Forwards Get Bump From Storage, End Week Lower
Natural gas forwards markets were lower across the board between May 13 and 19, falling by an average of nearly 7 cents, despite getting a boost from a bullish storage report, according to NGI’s Forward Look.
NatGas Forwards Tumble On Storage, Weather; NE Rally Continues On More Bad News
The double-digit gains seen last week in natural gas forwards markets were just as quickly erased during the April 22-28 period as seemingly bearish storage news and mild weather sent June prices spiraling downward by an average 16 cents, according to NGI’s Forward Look.