henry hub

Natural Gas Futures Climb Early Amid Production Decline, Warmer Forecast Trends

Natural Gas Futures Climb Early Amid Production Decline, Warmer Forecast Trends

A combination of lower production estimates and hotter overnight forecast trends helped lift natural gas futures in early trading Wednesday. The August Nymex contract was up 14.5 cents to $5.668/MMBtu as of around 8:50 a.m. ET. A day/day drop in production estimates of around 1.6-1.9 Bcf/d was “providing fundamental cover” for higher prices as of…

July 6, 2022
August Natural Gas Futures Flounder as Forecasts Call for Easing Heat; Cash Prices Climb

August Natural Gas Futures Flounder as Forecasts Call for Easing Heat; Cash Prices Climb

Natural gas futures slipped lower Tuesday, extending the extensive sell-off from a week earlier. A mid-July reprieve from oppressively hot weather patterns and the potential for another stout storage print weighed on prices. The August Nymex gas futures contract settled at $5.523/MMBtu, down 20.7 cents day/day. September fell 22.5 cents to $5.487. With heat scorching…

July 5, 2022
Volatility Amid Freeport LNG Outage Concerns Sees Natural Gas Futures Pare Losses

Volatility Amid Freeport LNG Outage Concerns Sees Natural Gas Futures Pare Losses

Coming off a huge sell-off in the previous session, natural gas futures recovered some of their losses in early trading Friday as the Freeport liquefied natural gas (LNG) terminal outage continued to roil the market ahead of the extended July Fourth holiday weekend. After plummeting $1.074 on Thursday, the August Nymex contract was up 45.9…

July 1, 2022
August Natural Gas Called Lower Ahead of EIA Report; Forecasts Seen Slightly Hotter

August Natural Gas Called Lower Ahead of EIA Report; Forecasts Seen Slightly Hotter

Natural gas futures were trading slightly lower early Thursday as the market prepared to examine the latest government inventory report for further signs of balance impacts from downtime at a major U.S. export terminal.  The August Nymex contract was off 6.9 cents to $6.429/MMBtu at around 8:50 a.m. ET. Surveys ahead of the Energy Information…

June 30, 2022
Overnight Forecasts Maintain Strong July Heat as Natural Gas Futures Climb Early

Overnight Forecasts Maintain Strong July Heat as Natural Gas Futures Climb Early

Bolstered by continued expectations for robust July cooling demand, natural gas futures advanced in early trading Wednesday. Heading into its first session as the prompt month, the August Nymex contract was up 13.0 cents to $6.700/MMBtu at around 8:50 a.m. ET.  The overnight runs of the American and European weather models maintained hotter trends from…

June 29, 2022
July Nymex Natural Gas Contract Loses Momentum, but Still Expires Nickel Higher

July Nymex Natural Gas Contract Loses Momentum, but Still Expires Nickel Higher

Natural gas futures extended their rally as a hotter long-range forecast, a dip in production and bullish technical momentum lifted the prompt month ahead of expiration. The July Nymex contract rolled off the board at $6.551/MMBtu, up 5.0 cents on the day. The August contract, which moves to the front of the Nymex curve on…

June 28, 2022
July Temps ‘Rather Bullish’ as Natural Gas Futures Extend Gains

July Temps ‘Rather Bullish’ as Natural Gas Futures Extend Gains

A toasty temperature outlook for the first third of July helped natural gas futures extend their recent gains in early trading Tuesday. The expiring July Nymex contract was up 15.3 cents to $6.654/MMBtu as of around 8:50 a.m. ET, adding to a 28.1-cent rally from the previous session. August was up 14.1 cents to $6.687.…

June 28, 2022
Natural Gas Forwards Tumble as Freeport LNG Outage Loosens Summer Balances

Natural Gas Forwards Tumble as Freeport LNG Outage Loosens Summer Balances

As summer heat failed to provide the spark needed to sustain higher prices, lost demand from the Freeport liquefied natural gas (LNG) terminal outage continued to erode value in the natural gas forwards market during the June 16-22 trading period. According to NGI’s Forward Look data, benchmark Henry Hub fell 56.2 cents week/week to average…

June 24, 2022
Impact of Freeport LNG Outage to Play Out in Latest EIA Print as Natural Gas Called Lower

Impact of Freeport LNG Outage to Play Out in Latest EIA Print as Natural Gas Called Lower

As traders and analysts prepared to examine the latest round of government inventory data in the context of ongoing balance impacts from the Freeport liquefied natural gas (LNG) terminal outage, natural gas futures retreated in early trading Thursday. The July Nymex contract was off 13.3 cents to $6.725/MMBtu at around 8:50 a.m. ET. August was…

June 23, 2022
Easing Heat, ‘Monumental Reshaping’ of Supply Fuels More Losses for Natural Gas Futures

Easing Heat, ‘Monumental Reshaping’ of Supply Fuels More Losses for Natural Gas Futures

After a sharper nosedive early Tuesday, natural gas futures recovered most ground and finished the day less than 15 cents lower than Friday’s close. Weather models drove the morning losses while technicals fueled the rebound, ultimately leaving the July Nymex futures contract 13.6 cents lower at $6.808/MMBtu. August futures fell 12.3 cents to $6.783. Spot…

June 21, 2022
‹ Previous 1 2 3 925