natural gas data

Natural Gas Futures Prices Sink Lower on Demand Woes; Cash Slides

Natural Gas Futures Prices Sink Lower on Demand Woes; Cash Slides

April Nymex natural gas futures extended losses into the week’s closing session as a storage glut and a trimming of demand pressured the contract. At A Glance: April futures down 2.4 cents Freeport outage worries Weather support brief The front-month contract settled 2.4 cents lower at $1.659/MMBtu. April futures traded as high as $1.712 and…

March 22, 2024
April Natural Gas Futures Pressured by Small Storage Build; Cash Retreats

April Natural Gas Futures Pressured by Small Storage Build; Cash Retreats

Natural gas futures lost ground Thursday following the release of U.S. Energy Information Administration (EIA) storage data, which outlined a small injection into inventories for the week ended March 15. At A Glance: Futures shed 1.6 cents Storage up 7 Bcf Cash gains reversed April Nymex natural gas futures settled at $1.683/MMBtu, down 1.6 cents…

March 22, 2024
Early Storage Injection Sends April Natural Gas Futures Lower

Early Storage Injection Sends April Natural Gas Futures Lower

The U.S. Energy Information Administration (EIA) on Thursday reported a 7 Bcf injection into natural gas storage facilities for the week ended March 15, heaping additional pressure on natural gas futures. Ahead of the 10:30 a.m. ET storage print, April Nymex futures were trading down 2.1 cents day/day at $1.678/MMBtu. After the data was released,…

March 21, 2024
April Natural Gas Futures Finish Higher Supported by Cold; Spot Gas Climbs

April Natural Gas Futures Finish Higher Supported by Cold; Spot Gas Climbs

April Nymex natural gas futures extended gains Tuesday with bulls feeding on near-term weather forecasts that would support a bump in demand and a pullback in the widening of natural gas storage surpluses. At A Glance: Futures add to prior gains Demand boosted by chill Cash gas up, Texas negative The front-month contract settled 4.1…

March 20, 2024
Natural Gas Futures Prices Finish Higher Monday; Cash Up on Cooldown

Natural Gas Futures Prices Finish Higher Monday; Cash Up on Cooldown

Natural gas futures pulled back from early highs, still ending the week’s opening session with a gain as near-term cold weather that could prevent surpluses in natural gas inventories from widening further offered some support. The April Nymex natural gas futures contract settled Monday at $1.703/MMBtu. Prices rallied early to a high of $1.762 but…

March 19, 2024
Natural Gas Futures Drop as Freeport LNG’s Rolling Outages Stymie Demand; Cash Extends Gains

Natural Gas Futures Drop as Freeport LNG’s Rolling Outages Stymie Demand; Cash Extends Gains

Natural gas futures fell Friday, tripped up by warmer forecasts for late March and additional work at the Freeport LNG terminal that could offset volume gains from a restart of its third train. At A Glance: Production at 100.8 Bcf/d National Avg. gains for second day Freeport LNG inspections offset restart The April Nymex contract…

March 15, 2024
Speculation Over Freeport LNG Repairs Sinks Natural Gas Futures — MidDay Market Snapshot

Speculation Over Freeport LNG Repairs Sinks Natural Gas Futures — MidDay Market Snapshot

Natural gas futures dropped sharply midday amid speculation over potential repairs at Freeport LNG terminal April Nymex contract climbed to near $1.720/MMBtu before sell-off kicked in around 12:40 p.m. ET Front month off 8.6 cents to $1.655 as of 2:28 p.m. ET Per Bloomberg report: Freeport Train 3 restarting, but repairs expected for liquefied natural…

March 15, 2024
Storage Print Beat, Possible Freeport LNG Restart Boost Natural Gas Futures

Storage Print Beat, Possible Freeport LNG Restart Boost Natural Gas Futures

Natural gas futures found fresh footing Thursday, supported by a weekly storage report that slightly beat estimates and signs that the Freeport LNG export terminal may be preparing to restart its third train. At A Glance: Production falls to 100.8 Bcf/d  Freeport power use hints at restart National Avg. rises 1.0 cent $1.145 The April…

March 15, 2024
Natural Gas Futures Slide as Cash Prices at Three-Year Lows Outweigh CNX Output Cuts

Natural Gas Futures Slide as Cash Prices at Three-Year Lows Outweigh CNX Output Cuts

Natural gas futures reversed early gains Tuesday as weaker physical prices squashed initial optimism from another producer curtailment to send the prompt contract to its fifth straight decline.  At A Glance: CNX cuts 30 Bcf equivalent Two Freeport LNG trains offline National Avg. sinks to $1.285 The April Nymex contract settled at $1.714/MMBtu, down 4.5…

March 13, 2024
Threat of Early Season Storage Build Chases Natural Gas Futures, Cash Lower

Threat of Early Season Storage Build Chases Natural Gas Futures, Cash Lower

Natural gas futures fell on Monday for a fourth session as the possibility of an early season storage build later this week outweighed cooler weather trends into late March. At A Glance: NGI models 3 Bcf withdrawal National Avg. notches new 2024 low West Texas cash prices flip negative The April Nymex contract settled at…

March 12, 2024