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.
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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.
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.
NatGas Supply-Demand Balancing, Forecast Heat Boost Forwards Markets
It was quite the week in natural gas forwards markets as prompt-month prices rose an average 17 cents between April 15 and 21 in the face of slowing production and long-term outlooks for warmer-than-normal weather, according to NGI’s Forward Look.
NatGas Supply-Demand Balancing, Forecast Heat Boost Forwards Markets
It was quite the week in natural gas forwards markets as prompt-month prices rose an average 17 cents between April 15 and 21 in the face of slowing production and long-term outlooks for warmer-than-normal weather, according to NGI’s Forward Look.
NatGas Forwards Rally Amid Market Tightening, Looming Heat
It was quite the week in natural gas forwards markets as prompt-month prices rose an average 17 cents between April 15 and 21 in the face of slowing production and long-term outlooks for warmer-than-normal weather, according to NGI’s Forward Look.
NatGas Forwards Rally Amid Market Tightening, Looming Heat
It was quite the week in natural gas forwards markets as prompt-month prices rose an average 17 cents between April 15 and 21 in the face of slowing production and long-term outlooks for warmer-than-normal weather, according to NGI’s Forward Look.
AECO Has Room to Fall Amid Plump Storage, Weak Demand
Natural gas prices along the AECO forward curve — which already are showing signs of weakness further out the curve — could see near-month packages fall substantially in the coming weeks. Storage inventories are nearing maximum capacity only one month into the traditional injection season, and demand is proving lackluster in high-density population centers that the region typically relies upon to take gas.
AECO Has Room to Fall Amid Plump Storage, Weak Demand
Natural gas prices along the AECO forward curve — which already are showing signs of weakness further out the curve — could see near-month packages fall substantially in the coming weeks. Storage inventories are nearing maximum capacity only one month into the traditional injection season, and demand is proving lackluster in high-density population centers that the region typically relies upon to take gas.
Cold Snaps, Signs of Slowing Production Bolster NatGas Forwards Prices
A string of cold snaps, which could be the last of the season, and signs of slowing production kicked natural gas forwards up a few notches between April 1 and 7, NGI Forward Lookdata shows.