June

With forecasts finally flashing more impressive heat over southern U.S. markets to strengthen the cooling demand outlook, natural gas forwards rallied during the June 1-7 trading period, NGI’s Forward Look data show. July fixed prices at benchmark Henry Hub added 6.1 cents during the period to finish at $2.328/MMBtu. Most Lower 48 hubs finished in…

Natural gas futures extended their losses on Monday, with prices tumbling by double digits amid light weather demand and lofty production that has held near the century mark despite maintenance events that have curtailed output. The June Nymex gas futures contract settled 18.5 cents lower at $2.400/MMBtu. July futures dropped 15.6 cents to $2.551. At…

Natural gas futures fizzled on Monday, giving up ground as forecasts pointed to mild May weather and as production held at stout levels. The June Nymex gas futures contract settled at $2.318/MMBtu, down 9.2 cents day/day. The prompt month had gained 5.5 cents on Friday. The July contract on Monday shed 8.0 cents to $2.498.…

Cooler weather ushered in by a strong spring storm over the weekend set the table for strong heating demand most of this week across the northern United States. That was enough to drive a modest increase for natural gas futures on Monday, with the May Nymex contract settling at $2.273/MMBtu, up 4.0 cents from Friday’s…

Energy indicators are mixed, but there’s a positive overall picture for the industry, the Dallas office of the Federal Reserve Board (Fed) said in its monthly report.

July natural gas futures were set to open fractionally lower at $2.924 Tuesday as Monday’s hints of cooler weather by the third week of the month continued to show up in overnight weather model runs.

June natural gas was set to open Tuesday about 3.7 cents higher at around $2.847/MMBtu as the weather outlook overnight showed additional heat risks for the next two weeks, according to forecasters.

Natural gas prices for June fell an average of 5 cents from April 27-May 4 as an increasingly bearish weather outlook for the remainder of May added to pressure already being brought on by heavy producer selling, according to NGI’s Forward Look.

North Dakota’s chief oil and natural gas regulator said Friday he expects prices to stay low for the rest of the year, making it harder for the state to maintain its 1 million b/d crude oil production level in the Bakken Shale.