natural gas data

Supported by expectations for slowing production, prompt-month natural gas futures gained just enough ground to notch a third consecutive advance on Tuesday. The June Nymex gas futures contract settled at $2.376/MMBtu, up one-tenth of a cent day/day. July ticked down eight-tenths of a cent to $2.534. NGI’s Spot Gas National Avg. advanced 12.0 cents to…

Natural gas futures traders shrugged off continued mild weather forecasts and elevated supply data, seizing instead on a sharp drop in the weekly rig count to push prices higher for a second day. Following a 7.6-cent gain to close out last week’s trading, the June Nymex gas futures contract on Monday advanced 10.9 cents day/day…

Natural gas futures found further momentum on Monday, rallying a second consecutive session amid bargain buying, hints of a potential pullback in U.S. production and wildfires that interrupted output in Canada and boosted cash markets. At A Glance: Raging fires cut Canadian output U.S. rig count hints at slowdown Cooling demand further softens The June…

Weekly natural gas cash prices dropped amid mild temperatures and weakening demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the May 1-5 period fell 30.0 cents to $1.865/MMBtu. Conditions during the week largely favored bears. Production held around 100 Bcf/d most days – well above year-earlier levels and within…

Natural gas futures found their footing on Friday, ending a four-day losing streak that was fueled by a litany of bearish fundamentals. The June Nymex gas futures contract gained 3.6 cents day/day and settled at $2.137/MMBtu. July rose 2.4 cents to $2.321. At A Glance: Technical resistance enters mix Supply/demand favors bears Stout storage surplus…

Editor’s Note: NGI’s Mexico Gas Price Index, a leader tracking Mexico natural gas market reform, is offering the following column by Eduardo Prud’homme as part of a regular series on understanding this process. The natural gas market in Mexico is under development. Despite deep connectivity with North America and the existence of a legal framework…

Momentum for natural gas futures proved further elusive on Thursday following an in-line government inventory report that kept supplies at a hefty surplus relative to historic averages. Strong production and weak weather-driven demand continued to command traders’ attention. The June Nymex gas futures contract fell 6.9 cents day/day and settled at $2.101/MMBtu. July lost 6.3…

North American natural gas futures prices dropped for four straight sessions this week in a market flush with supplies. On Thursday, the June New York Mercantile Exchange gas futures contract fell 6.9 cents day/day and settled at $2.101/MMBtu. July lost 6.3 cents to $2.297.  “Lower natural gas prices…are beginning to temper activity and growth in…

The U.S. Energy Information Administration (EIA) reported an injection of 54 Bcf natural gas into storage for the week ended April 28. The result was essentially on par with expectations and failed to provide support for floundering Nymex natural gas futures. At A Glance: BREAKING: U.S. EIA reports 54 Bcf injection into storage Domestic demand…