futures

Natural Gas Futures Snap Losing Streak After Putin’s Veiled Nuclear Threat

Natural Gas Futures Snap Losing Streak After Putin’s Veiled Nuclear Threat

Natural gas futures on Wednesday gained ground for the first time in five sessions as global supply doubts personified by Russia’s president and his threat of launching nuclear weapons overshadowed fading demand. At A Glance: Russia to ramp up Ukraine war effort Analysts look for 90s Bcf injection Forecasts call for cooler conditions The October…

September 21, 2022
Natural Gas Futures Spike above $8 as Heat Wave Drives Demand, Europe’s Woes Worsen

Natural Gas Futures Spike above $8 as Heat Wave Drives Demand, Europe’s Woes Worsen

Natural gas futures flew higher for the third time in four sessions as oppressive heat across most of the Lower 48 kept air conditioners cranking, and festering supply challenges in Europe bolstered the demand outlook for U.S. exports The August Nymex gas futures contract surged 74.3 cents day/day and settled at $8.007/MMBtu. September rose 74.9…

July 20, 2022
Despite Production Drop and Prevailing Heat, Natural Gas Futures Fail to Find New Footing

Despite Production Drop and Prevailing Heat, Natural Gas Futures Fail to Find New Footing

Natural gas futures rebounded early Wednesday as production dropped and near-term cooling demand remained elevated. The prompt month, however, slipped lower by midday as traders digested expectations for a stout storage injection, and it struggled to regain momentum. The August Nymex gas futures contract ultimately fell 1.3 cents day/day and settled at $5.510. September shed…

July 6, 2022
Brutal Heat Sends Natural Gas Futures Up Ahead of Potentially Disappointing Storage Report

Brutal Heat Sends Natural Gas Futures Up Ahead of Potentially Disappointing Storage Report

Natural gas futures continued to bounce around like a pogo stick, with bulls buying the early dip in Wednesday’s trading session and near-term heat fueling the rally. The July Nymex gas futures contract settled at $6.858/MMBtu, up 5.0 cents on the day. August futures climbed 8.9 cents to $6.872. Spot gas prices were mostly higher…

June 22, 2022
Natural Gas Futures Bounce Back After Third-Largest Drop on Record

Natural Gas Futures Bounce Back After Third-Largest Drop on Record

Following one of the biggest plunges in the history of natural gas trading, futures rebounded on Wednesday as traders digested the impact of a major export outage against a broader backdrop of robust global demand. At A Glance: Traders focus on robust cooling demand Europe’s thirst for U.S. LNG holds strong Cash prices rebound as…

June 15, 2022
Natural Gas Futures Soar as Supply Cuts Hit as Heat Builds; $10 Gas Possible in ‘Fairly Near Future’

Natural Gas Futures Soar as Supply Cuts Hit as Heat Builds; $10 Gas Possible in ‘Fairly Near Future’

In one of the most explosive sessions in recent weeks – and that’s saying a lot – natural gas futures rocketed higher Monday as production struggles to gain momentum and heat is starting to intensify ahead of what’s expected to be a hot summer. The July Nymex gas futures contract jumped 79.9 cents to $9.322/MMBtu.…

June 6, 2022
Natural Gas Futures Fly to 14-Year High, Approach $9.40 Handle Intraday

Natural Gas Futures Fly to 14-Year High, Approach $9.40 Handle Intraday

Natural gas futures on Wednesday soared past $9.000/MMBtu for the first time since 2008 amid worries that fragile supplies may prove inadequate to meet summer cooling demand and robust calls for U.S. exports. At A Glance: Futures fly ahead of June’s expiry LNG export demand intensifies Spring production struggles fester Traders through most of the…

May 25, 2022
Natural Gas Futures Pop Back as War in Ukraine Smolders, Supply Questions Fester

Natural Gas Futures Pop Back as War in Ukraine Smolders, Supply Questions Fester

Natural gas futures advanced Wednesday, rebounding from a two-day slump, as hints of late-March cold and lingering global supply issues caught traders’ attention. The April Nymex gas futures contract climbed 18.0 cents day/day and settled at $4.748. May rose 16.7 cents to $4.784. At A Glance: U.S. exports of LNG hold strong Forecasts call for…

March 16, 2022
With Spring Weather Looming Large, April Natural Gas Futures Skid for Third Straight Day

With Spring Weather Looming Large, April Natural Gas Futures Skid for Third Straight Day

Natural gas prices held in a narrow range Wednesday, flipping between modest gains and losses as traders balanced global supply worries amid the war in Ukraine against the prospect of fading domestic demand. At A Glance: Forecasts call for mild conditions U.S. LNG exports hold near capacity Market expects triple-digit storage pull The April Nymex…

March 9, 2022
Winning Ways Endure for Weekly Natural Gas Prices Alongside Winter’s Worst Chills

Winning Ways Endure for Weekly Natural Gas Prices Alongside Winter’s Worst Chills

Weekly natural gas cash prices rode a roller coaster of steep gains and losses in the volatile Northeast, where bidding on natural gas tends to swing more than other regions due to limited pipeline capacity and erratic weather. Ultimately, prices in the region settled firmly in positive territory as forecasters warned of a major winter…

January 28, 2022