Natural gas prices for May shifted less than nickel at most market hubs between March 28 and 31 as mostly bearish weather on tap for the next couple of weeks and an in-line storage report left the market relatively idle, according to NGI’s Forward Look.
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NatGas Forward Prices Fall Amid Plump Storage, Mild Temps On Tap
Natural gas forward prices for April were down an average of 12 cents between March 18 and March 24 as swelling storage inventories and forecasts for mostly mild weather pressured markets, NGI Forward Look data shows.
Robust Storage Levels Bully NatGas Forward Prices Lower
Natural gas forward prices for April were down an average of 12 cents between March 18 and March 24 as swelling storage inventories and forecasts for mostly mild weather pressured markets, NGI Forward Look data shows.
Falling Production, Brief Cold Snap Lift NatGas Forwards
Natural gas forwards markets continued to strengthen during the third week of March as declining production and the expected return of cooler weather lifted prices by an average of 11 cents between March 11 and 17, according to NGI’s Forward Look.
NatGas Forward Markets Spring Forward Amid Short-Covering, Cooler Temps
Natural gas forward prices bounced back this week by an average of more than 10 cents as conditions became oversold thanks to several weeks of double-digit declines across the front of forward curves, according to NGI’s Forward Look.
NatGas Forwards Values Slink Lower; Infrastructure Changes to Offer Some Reprieve?
Natural gas forwards markets fell an average of 13 cents for April as market players brushed off a surprise storage report and remained fixated on forecasts showing mild conditions over much of the country during the next two weeks, according to NGI’s Forward Look.
NatGas Forwards Sink Further; Infrastructure Changes Offer Support to Some Markets
Natural gas forwards markets fell an average of 13 cents for April as market players brushed off a surprise storage report and remained fixated on forecasts showing mild conditions over much of the country during the next two weeks, according to NGI’s Forward Look.
Bearish Storage Draw, LNG Imports Keep Downward Pressure on NatGas Forwards
A springlike forecast for the next couple of weeks and a very bearish storage report sent natural gas forward prices even lower during the period Feb. 19 and 25, NGI’s Forward Look data shows.
NatGas Forwards Stuck in Rut as Mild Temps Loom, Storage Swells
It’s going to take some significant heating demand or bullish storage news to end the slide natural gas forwards prices have been on, but this wasn’t the week that was going to happen.
Robust Production, Mild Temps Continue Downward Pressure on Northeast NatGas Forward Prices
Uncertainty in long-term weather forecasts, ample supplies and near-record production in the Northeast sent natural gas forwards markets in that region down more than double most other markets for the period between Jan. 29 and Feb. 4, NGI Forward Look data shows.