Natural gas futures

With Exports Strong, June Natural Gas Futures Bounce Back

With Exports Strong, June Natural Gas Futures Bounce Back

Liquefied natural gas volumes again topped 11 Bcf European and Asian demand for U.S. exports is strong Forecasters expect a hot summer ahead Natural gas futures on Tuesday bounced back from the prior session’s losses, as export demand and other key fundamentals held strong, while a critical oil pipeline signaled it could restore operations this…

May 12, 2021
Temperature Outlook Seen Little Changed as Natural Gas Futures Close to Even Early

Temperature Outlook Seen Little Changed as Natural Gas Futures Close to Even Early

Natural gas futures hovered close to unchanged in early trading Wednesday as updated forecasts continued to withhold definitive signs of the start of summer heat. After trading both sides of even in the early morning hours, the June Nymex contract was up 0.6 cents to $2.961/MMBtu at around 8:45 a.m. ET. The weather outlook underwent…

May 12, 2021
June Natural Gas Futures Reverse Course, Climb with Exports Steady, Cyberattack Resolution in View

June Natural Gas Futures Reverse Course, Climb with Exports Steady, Cyberattack Resolution in View

Natural gas futures on Tuesday bounced back from the prior session’s losses, as export demand and other key fundamentals held strong, while a critical oil pipeline signaled it could restore operations this week following a ransomware attack. The June Nymex contract advanced 2.3 cents day/day and settled at $2.955/MMBtu. July gained 2.1 cents to $2.999.…

May 11, 2021
Natural Gas Futures Fall Back Amid Bearish Weather Forecasts

Natural Gas Futures Fall Back Amid Bearish Weather Forecasts

Comfortable temperatures are expected across the Lower 48 It could take three weeks for summer cooling demand to kick in Analysts anticipate substantial storage increases in May Natural gas futures gave up ground on Monday as traders mulled waning weather-driven demand and the potential implications of a cybersecurity attack on the largest fuel pipeline in…

May 11, 2021
Forecasts Seen Needing More Heat to Impress as Natural Gas Futures Dip Early

Forecasts Seen Needing More Heat to Impress as Natural Gas Futures Dip Early

With the natural gas market still waiting for more impressive cooling demand to show up in forecasts, futures probed lower in early trading Tuesday. The June Nymex contract was down 3.7 cents to $2.895/MMBtu at around 8:50 a.m. ET. Technical support around $2.900 held for the June contract in Monday’s trading, but this support level…

May 11, 2021
June Natural Gas Futures Finish Strong as Exports Drive Momentum

June Natural Gas Futures Finish Strong as Exports Drive Momentum

Liquefied natural gas levels topped 11.6 Bcf Production held steady around 90 Bcf Cash declined, led lower by hubs in the West Natural gas futures rebounded on Friday, as traders absorbed a favorable storage report, continued robust export activity and the specter of stronger cooling demand on the near-term horizon. The June Nymex contract gained…

May 10, 2021
Weather Models Trend Milder Over Weekend as Natural Gas Futures Slide Early

Weather Models Trend Milder Over Weekend as Natural Gas Futures Slide Early

Natural gas futures retreated in early trading Monday as forecasts over the weekend advertised milder conditions that would limit early season cooling demand. The June Nymex contract was down 2.3 cents to $2.935/MMBtu at around 8:45 a.m. ET. Changes in the weather data over the weekend pointed to lower overall demand for the next 15…

May 10, 2021
With LNG Strength and Summer Demand Approaching, June Natural Gas Futures Bounce Back

With LNG Strength and Summer Demand Approaching, June Natural Gas Futures Bounce Back

Natural gas futures rebounded on Friday, as traders absorbed a favorable storage report, continued robust export activity and the specter of stronger cooling demand on the near-term horizon. The June Nymex contract gained 3.0 cents day/day and settled at $2.958/MMBtu. July rose 3.0 cents to $3.004. NGI’s Spot Gas National Avg. shed 1.5 cents to…

May 7, 2021
June Natural Gas Futures Retreat Despite Favorable Inventory Result

June Natural Gas Futures Retreat Despite Favorable Inventory Result

Futures fell for a second consecutive session EIA reported a storage injection of 60 Bcf Export levels to Mexico held strong Natural gas futures slipped lower for a second consecutive session on Thursday, despite a bullish government inventory print and continued robust demand for both U.S. liquefied natural gas (LNG) and pipeline exports. The June…

May 7, 2021
Above Normal Cooling Demand Seen Arriving by Late May as June Natural Gas Called Higher

Above Normal Cooling Demand Seen Arriving by Late May as June Natural Gas Called Higher

As updated forecasts hinted at higher cooling demand developing later in May, natural gas futures recovered the previous session’s losses in early trading Friday. After slipping 1.0 cents in Thursday’s trading, the June Nymex contract was up 1.3 cents to $2.941/MMBtu at around 8:45 a.m. ET. Based on the latest forecast data projections from Bespoke…

May 7, 2021
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