Regional natural gas forward prices advanced during the March 28-April 3 trading period as the start of the spring natural gas storage injection season found market bulls searching for signs of green shoots after a bitter winter. May fixed prices at Henry Hub rallied 12.1 cents to $1.845/MMBtu, setting the pace for similar front-month gains…
natural gas forwards
Articles from natural gas forwards
Natural Gas Futures, Cash Down as Market Mulls ‘Massive’ Storage Surplus — MidDay Market Snapshot
Natural gas futures remained lower through midday trading Thursday as the latest U.S. Energy Information Administration (EIA) storage report underwhelmed, confirming further expansion of an already sizable Lower 48 inventory surplus. Meanwhile, some late-season chills for northern portions of the country failed to prevent falling physical prices. Here’s the latest: April Nymex contract trading at…
December Natural Gas Futures Gain On Storage Result, Weather; Cash Mixed
Nymex December natural gas futures settled higher on the final trade day in the truncated Thanksgiving holiday workweek, supported by a surprise withdrawal from inventories and approaching cold weather. At A Glance: EIA prints 7 Bcf storage draw Warming follows near-term cold Thanksgiving holiday limits cash The front-month contract settled Wednesday at $2.897/MMBtu, which was…
Natural Gas Futures Lose Ground As Production Stays High; Cash Prices Halt Losing Streak
Bears kept natural gas futures on the back foot again on Wednesday, extending the prompt month’s losing streak to three sessions. Production estimates again touched a new all-time high while weather forecasts stayed mild, likely keeping gas in storage leaning toward injection this week. At A Glance: Prompt month falls to $3.106 Cash prices halt…
Natural Gas Forwards Cook as Western Basis Premiums Rise on Supply Constraints
An overall bullish week for natural gas markets saw regional forwards rally sharply from coast to coast during the Aug. 3-9 trading period, while a mix of strong demand and supply constraints helped drive outsized gains for the western Lower 48, NGI’s Forward Look data show. National benchmark Henry Hub set the pace for sizable…