Weather models are playing mind games with natural gas traders. After stalling the return of colder weather overnight, the latest weather model run put it back on track and increased its intensity. With another drop in production, the March Nymex gas futures contract went on to settle Wednesday at $1.861/MMBtu, down just 1.1 cents. April slipped 1.5 cents to $1.887.
Markets
Articles from Markets
Mild Weather Keeps Firm Grip on Natural Gas Futures; West Cash Strengthens
After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.
February 3, 2020
Mild Weather Keeps Firm Grip on Natural Gas Futures; West Cash Strengthens
After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.
February 3, 2020
Mild Weather Keeps Firm Grip on Natural Gas Futures; West Cash Strengthens
After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.
February 3, 2020
U.S. Exports Steady As Global NatGas Prices Hit Lows
U.S. liquefied natural gas (LNG) exports were up slightly in the week ending Jan. 22, as 15 vessels departed carrying 54 Bcf, according to the Energy Information Administration.
January 27, 2020
Natural Gas Futures Bounce as Bulls Hope Latest Weather Forecast Not ‘False Alarm’
Natural gas futures staged a modest recovery Monday as long-range weather outlooks once again hinted at cold returning. With model volatility picking up in recent runs, however, the February gas futures contract climbed just nine-tenths of a cent to $1.902. March climbed eight-tenths of a cent to $1.878.
January 27, 2020
U.S. Exports Steady As Global NatGas Prices Hit Lows
U.S. liquefied natural gas (LNG) exports were up slightly in the week ending Jan. 22, as 15 vessels departed carrying 54 Bcf, according to the Energy Information Administration.
January 27, 2020
Natural Gas Futures Bounce as Bulls Hope Latest Weather Forecast Not ‘False Alarm’
Natural gas futures staged a modest recovery Monday as long-range weather outlooks once again hinted at cold returning. With model volatility picking up in recent runs, however, the February gas futures contract climbed just nine-tenths of a cent to $1.902. March climbed eight-tenths of a cent to $1.878.
January 27, 2020
U.S. LNG Projects Ramp Up as Global Prices Take a Beating
Various U.S. liquefied natural gas (LNG) export projects have gained traction this month as baseload liquefaction capacity continues to inch upward.
January 21, 2020
U.S. LNG Projects Ramp Up as Global Prices Take a Beating
Various U.S. liquefied natural gas (LNG) export projects have gained traction this month as baseload liquefaction capacity continues to inch upward.
January 21, 2020
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
