Market

Natural Gas Traders Take Breather, Await Clearer Weather Picture

Natural Gas Traders Take Breather, Await Clearer Weather Picture

Weather models struggling with chillier outlook Production higher as offshore output returns following Hurricane Delta Cash prices mixed as heat continues out West Natural gas futures headed lower Tuesday as morning weather models shifted warmer. Production moved considerably higher as well, sending the November Nymex gas futures contract down 2.6 cents to $2.855. December slipped…

October 14, 2020
Natural Gas Futures Rally as Demand Outlook Improves

Natural Gas Futures Rally as Demand Outlook Improves

BREAKING: U.S. EIA reports an injection of 66 Bcf into storage for week ending Sept. 18, comfortably below the low end of analyst estimates Futures rebounded after a steep slump earlier in the week Weather forecasts pointed to stronger demand Natural gas futures on Wednesday rebounded in force after a steep slump earlier in the…

September 24, 2020
Natural Gas Futures Fall as Hurricane Sally Injects Uncertainty

Natural Gas Futures Fall as Hurricane Sally Injects Uncertainty

BREAKING: The U.S. EIA reported an injection of 89 Bcf into natural gas storage for the week ending Sept. 11, exceeding high end of analyst expectations Sally made landfall on Alabama’s coast Wednesday The hurricane delivered strong winds and massive flooding Natural gas futures rallied over the first two days of the week but gave…

September 17, 2020
Nymex Natural Gas Futures Jump Despite Headwinds; California Cash Fizzles

Nymex Natural Gas Futures Jump Despite Headwinds; California Cash Fizzles

Winter premium in play as natural gas futures rally Storage containment still a risk if projected LNG demand falls short Western spot gas prices fall as heat set to ease Natural gas futures soared higher Tuesday as traders attempted to close the massive gap between the front of the curve and the winter contracts. Despite…

August 19, 2020
LNG Recap: Global Natural Gas Prices Converge as Market Tightens

LNG Recap: Global Natural Gas Prices Converge as Market Tightens

Global natural gas markets moved closer together last week with leading benchmarks posting significant gains as the outlook is seen improving. Henry Hub gas for September delivery jumped 33.5 cents week/week to average $2.090/MMBtu on Friday, while the prompt contract at the Dutch Title Transfer Facility (TTF) and the UK’s National Balancing Point both gained…

August 10, 2020
Light Storage Injection Fuels Surge in August Natural Gas Futures

Light Storage Injection Fuels Surge in August Natural Gas Futures

A modest storage injection eased containment concerns and overshadowed worries imposed by the coronavirus pandemic The EIA reported an injection of 37 Bcf that served as evidence that robust summer heat is driving strong cooling demand Spot prices advanced alongside continued lofty temperatures August natural gas futures advanced on Thursday as a modest storage injection…

July 24, 2020
With Stronger Heat Looming, Natural Gas Futures Rebound with Double-Digit Avance

With Stronger Heat Looming, Natural Gas Futures Rebound with Double-Digit Avance

New outlook for more extreme heat fueled optimism about seasonally stronger energy demand Monday’s gain marked a stark contrast from the prior week, when the July contract plummeted to a 25-year low before moving off the board  Spot prices surged Monday Natural gas futures posted a strong double-digit advance Monday, lifted by updated outlooks for…

June 30, 2020
Natural Gas Futures End Rut, Post Gains on Lower Storage Build Expectations, Hotter Outlook

Natural Gas Futures End Rut, Post Gains on Lower Storage Build Expectations, Hotter Outlook

Forecasts for modestly increasing heat and a lower inventory build report offset enduring uncertainty about liquefied natural gas (LNG) demand, helping natural gas futures post gains Wednesday and ending a drubbing that cost the July contract nearly 20 cents over the prior three trading sessions.

June 17, 2020
Natural Gas Forwards Still Steady, but LNG Sinking Demand Poses Downside Risk

Natural Gas Forwards Still Steady, but LNG Sinking Demand Poses Downside Risk

Natural gas forward prices continued to tread water during the May 28-June 3 period, rising only a few pennies on average across the curve as summer heat started to build across the United States.

June 5, 2020
Improving Supply/Demand Balances Boost Natural Gas Futures, For Now, and Power Burns Drive Cash

Improving Supply/Demand Balances Boost Natural Gas Futures, For Now, and Power Burns Drive Cash

Natural gas futures climbed Wednesday as much of the fundamental supply/demand backdrop became increasingly supportive of prices. Prices rallied strongly early in the session, but then gave up some ground, leaving the July Nymex gas futures contract up 4.4 cents to $1.821. August picked up 3.9 cents to settle at $1.915.

June 3, 2020
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