futures

Roughly a year after CME Group launched its U.S. liquefied natural gas (LNG) futures contract, the first ever available in the world for physical LNG delivery, it has yet to trade as the spot market continues to evolve and global players have long been slow to adopt new financial tools in their deals.  Developing a…

Estimates showing strengthening liquefied natural gas (LNG) demand boosted gas futures in early trading Monday, while yet another named storm could threaten production and exports later this week. The November Nymex contract was up 8.8 cents to $2.526/MMBtu at around 8:45 a.m. ET. Data as of early Monday showed feed gas flows to U.S. LNG…

Natural gas futures plunged Tuesday, as November opened its first full session as the prompt month amid demand skepticism and heavy selling. With lofty storage levels, erratic liquefied natural gas (LNG) volumes and a weaker weather pattern in October, analysts had anticipated the rough start and cautioned that more pressure may lie ahead.   The November…

Heading into its first full session as the front month, November natural gas futures sold off in early trading Tuesday as analysts pointed to weakness in the physical market as a source of downward price pressure.  The November Nymex contract was down 11.8 cents to $2.677/MMBtu at around 8:50 a.m. ET. The early selling Tuesday…

A milder weather forecast and a mixed outlook in terms of production and export demand helped send natural gas futures lower in early trading Monday. The expiring October Nymex contract was off 10.9 cents to $2.030/MMBtu at around 8:50 a.m. ET. November futures were down 9.1 cents to $2.716. Weather-driven demand expectations decreased over the…

Natural gas futures on Wednesday rebounded in force after a steep slump earlier in the week, bolstered by signs of a liquefied natural gas (LNG) recovery, forecasts of greater weather-driven demand and new storage estimates that indicated containment worries may have been overblown. The October Nymex contract popped 29.1 cents day/day and settled at $2.125/MMBtu.…

Bolstered by a strengthening weather-driven demand outlook, natural gas futures rebounded sharply in early trading Wednesday. The October Nymex contract had advanced 15.5 cents to $1.989/MMBtu at around 8:45 a.m. ET. The major weather models have now advertised net gains in projected demand for three consecutive days, Bespoke Weather Services said in its latest forecast…

With demand impacts expected from Tropical Storm Beta hovering over the Texas coast, natural gas futures extended their slide in early trading Tuesday. The October Nymex contract was down 0.9 cents to $1.826/MMBtu at around 8:50 a.m. ET, while January was off 4.0 cents to $3.277. The October contract opened this week’s trading with a…

A drop in liquefied natural gas (LNG) demand kept the pressure on gas futures near the front of the curve in early trading Monday.  The October Nymex contract was down 7.4 cents to $1.974/MMBtu at around 8:40 a.m. ET. The start of annual fall maintenance at the Dominion Energy Cove Point LNG terminal has cut…