henry hub

As traders prepared to digest updated government inventory data that could reveal an unusually early net injection following blowtorch winter weather, natural gas futures hovered just shy of even early Thursday. The April Nymex contract was trading at $1.648/MMBtu at around 8:35 a.m. ET, off 1.0 cent. May was down 1.3 cents to $1.771. The…

Canadian natural gas production and storage are both elevated heading toward shoulder season – much like in the United States – and bearish pressure on prices persists. There are hints that exploration and production (E&P) companies may pull back, following the lead of their Lower 48 brethren and creating the potential for supply/demand balance this…

Alberta natural gas producer Peyto Exploration & Development Corp. has no plans to curtail production like some of its North American peers, despite current weak pricing at the Henry Hub and AECO locations. Peyto would only shut in wells if AECO prices were to go negative, CEO Jean-Paul Lachance told analysts during the firm’s fourth…

As updated forecasts weakened a cooler shift for the eastern Lower 48 expected to bring more seasonal weather-driven demand later this month, natural gas futures extended their losses in early trading Friday. After shedding 11.0 cents in the previous session, the April Nymex contract was down another 5.1 cents to $1.767/MMBtu at around 8:40 a.m.…

Natural gas futures inched higher early Wednesday as updated forecasts hinted at somewhat cooler conditions developing over the eastern Lower 48 into the back half of March. The April Nymex contract advanced to $1.968/MMBtu as of 8:44 a.m. ET, up 1.1 cents. May was trading fractionally higher at $2.101. The American weather model shifted warmer…

Natural gas futures eased lower early Thursday as traders prepared to digest another surplus-padding result from the latest government inventory data, and as the weather outlook continued to offer little encouragement for bulls. The April Nymex contract was off 2.3 cents to $1.862/MMBtu as of 8:48 a.m. ET. May was down 2.1 cents to $2.031.…

Benefiting from technical momentum and easing production volumes, natural gas futures advanced in early trading Wednesday, though bearish weather headwinds remained. The April Nymex contract was up 5.0 cents to $1.858/MMBtu as of 8:42 a.m. ET. May was up 4.7 cents to $2.012. April enters its first day as the new prompt month with an…

Big swings on lighter volume for March Nymex contract into expiry, closes down 4.4 cents at $1.615/MMBtu Gains for 2024 injection season contracts Tuesday as latest production samples pointing to easing output; April Nymex contract climbs 6.4 cents to $1.808 Bloomberg estimated Lower 48 production down to around 101.3 Bcf/d; Wood Mackenzie estimate at 101.7…

Continued signs of easing production volumes in updated estimates Tuesday helped lift April natural gas futures in early trading. The April Nymex contract, set to take over as the new prompt month after the close, was up 5.0 cents to $1.794/MMBtu at around 8:45 a.m. ET.  The expiring March contract, meanwhile, was off fractionally on…