futures

A bump in estimated liquefied natural gas (LNG) export demand, alongside predictions of a below-average injection from the latest government storage report, helped lift gas futures in early trading Thursday. The October Nymex contract was up 3.7 cents to $2.523/MMBtu at around 8:45 a.m. ET. Interstate pipeline flow data from Genscape Inc. early Thursday showed…

Natural gas futures were trading sharply lower early Wednesday as analysts warned of a potentially prolonged post-Hurricane Laura demand recovery. The October Nymex contract was off 8.8 cents to $2.439/MMBtu at around 8:50 a.m. ET. It could take weeks for natural gas demand along the Gulf Coast to return to pre-Laura levels, according to estimates…

With lingering uncertainty over how quickly liquefied natural gas (LNG) demand will recover following Hurricane Laura, gas futures were trading several cents lower early Tuesday. The October Nymex contract was down 7.0 cents to $2.560/MMBtu at around 8:45 a.m. ET. The October contract fell to as low as $2.497 in Monday’s session amid signs of…

As analyst estimates showed liquefied natural gas (LNG) demand continuing to sag in the aftermath of former Hurricane Laura, gas futures were down sharply in early trading Monday. The October Nymex contract was off 7.8 cents to $2.579/MMBtu at around 8:45 a.m. ET. Estimates from Genscape Inc. put interstate pipeline flows to U.S. LNG export…

Two tropical cyclones threatened the Gulf of Mexico (GOM) Monday, prompting offshore production shut-ins and lifting natural gas futures in early trading. The September Nymex contract was up 4.4 cents to $2.492/MMBtu at around 8:45 a.m. ET. Tropical Storm Marco has weakened, but Tropical Storm Laura is now on course for the Texas and Louisiana…

Natural gas futures were nearly unchanged in early trading Thursday as the market awaited more clues on the supply/demand balance, expected from the upcoming release of U.S. government inventory data. The September Nymex contract was up 0.1 cents to $2.427/MMBtu at around 8:45 a.m. ET. For today’s Energy Information Administration (EIA) report, scheduled for 10:30…

As traders shrugged off hotter trends in the latest forecasts amid a mix of other factors weighing on prices heading toward the end of the injection season, natural gas futures pared their recent gains in early trading Wednesday. The September Nymex contract was off 2.0 cents to $2.397/MMBtu at around 8:45 a.m. ET. The latest…

As extreme heat in the West was expected to continue supporting prices at the front of the curve, natural gas futures rallied in early trading Tuesday. The September Nymex contract was up 9.3 cents to $2.432/MMBtu at around 8:40 a.m. ET. California has been hit with record heat and rolling blackouts that have coincided with…

Coming off a decisive advance on Friday, natural gas futures were hovering close to even in early trading Monday as analysts highlighted a mix of potential bullish and bearish factors influencing prices to start the week. The September Nymex contract was off 1.1 cents to $2.345/MMBtu at around 8:40 a.m. ET. The latest forecast from…