Natural gas futures

Hints of Heating Demand Boost April Natural Gas Futures

Hints of Heating Demand Boost April Natural Gas Futures

Mid-range weather outlooks tilted cooler LNG export levels held up Cash prices dropped in the Northeast Natural gas futures rallied on Tuesday, climbing on liquefied natural gas (LNG) export momentum and hints of increased heating demand in mid-March. The April Nymex contract climbed 6.2 cents day/day and settled at $2.839/MMBtu, building upon a modest gain…

March 3, 2021
Natural Gas Futures Hold onto Recent Gains as Forecasts Advertise Cooler Mid-Month Temps

Natural Gas Futures Hold onto Recent Gains as Forecasts Advertise Cooler Mid-Month Temps

Continued colder trends for the mid-March time frame lent some support to natural gas futures prices in early trading Wednesday. Holding onto gains from the previous session, the April Nymex contract was up 0.5 cents to $2.844/MMBtu at around 8:45 a.m. ET. As of early Wednesday, the latest weather data again showed colder trends over…

March 3, 2021
April Natural Gas Futures Climb Higher Amid Solidifying LNG Demand, Lower Production

April Natural Gas Futures Climb Higher Amid Solidifying LNG Demand, Lower Production

Natural gas futures rallied on Tuesday, climbing on liquefied natural gas (LNG) export momentum and hints of increased heating demand in mid-March. The April Nymex contract climbed 6.2 cents day/day and settled at $2.839/MMBtu, building upon a modest gain a day earlier. May advanced 5.7 cents to $2.875. NGI’s Spot Gas National Avg., meanwhile, lost…

March 2, 2021
Natural Gas Futures Finish in the Green as LNG Recovers

Natural Gas Futures Finish in the Green as LNG Recovers

LNG feed gas volumes climbed above 10 Bcf Chilly near-term conditions propped up spot gas prices A warmer weather outlook kept futures in check Natural gas futures on Monday hovered in a narrow range of gains and losses as traders weighed outlooks for mild spring weather and its dampening effect on domestic demand against a…

March 2, 2021
Colder Trends for Mid-March Support Early Gains for Natural Gas Futures

Colder Trends for Mid-March Support Early Gains for Natural Gas Futures

Expectations for a return to more seasonal temperatures across key regions of the Lower 48 later this month helped support modest gains for natural gas futures in early trading Tuesday. The April Nymex contract was up 3.9 cents to $2.816/MMBtu at around 8:45 a.m. ET. The latest temperature projections for the March 12-16 time frame…

March 2, 2021
Mild March Forecast Sinks Natural Gas Futures Prices a Seventh Straight Day

Mild March Forecast Sinks Natural Gas Futures Prices a Seventh Straight Day

Weather models continue to warm Storage seen ending March well below 2 Tcf Cash prices rebound as brief cold front set to hit Lower 48 Price action in the Nymex natural gas futures market on Friday was about as thrilling as watching paint dry. After sideways action throughout much of the day, the April Nymex…

March 1, 2021
Colder Trends Not Enough to Dispel Bearish Weather Outlook as Natural Gas Futures Slide

Colder Trends Not Enough to Dispel Bearish Weather Outlook as Natural Gas Futures Slide

Despite some colder trends from forecasts over the weekend, weak overall weather-driven demand expectations for March had natural gas futures trading a few cents lower early Monday. The April Nymex contract was down 2.6 cents to $2.745/MMBtu at around 8:50 a.m. ET. The end of winter is approaching, and weather-driven demand is “sinking fast,” putting…

March 1, 2021
Natural Gas Futures Hold Steady as Mild Weather Pattern Seen Prevailing in March

Natural Gas Futures Hold Steady as Mild Weather Pattern Seen Prevailing in March

Price action in the Nymex natural gas futures market on Friday was about as thrilling as watching paint dry. After sideways action throughout much of the day, the April Nymex futures contract settled at $2.771, off six-tenths of a cent from Thursday’s close. May closed unchanged at $2.809. Spot gas, which traded Friday for gas…

February 26, 2021
EIA’s Massive Storage Draw Too Little Too Late; April Natural Gas Prices Fall Again

EIA’s Massive Storage Draw Too Little Too Late; April Natural Gas Prices Fall Again

EIA reports second largest storage draw on record Traders focused on mild weather this spring Cash prices fall further amid mostly light demand The April natural gas futures contract failed to make a big impression on its first day at the front of the Nymex curve. The new prompt month struggled to get off the…

February 26, 2021
March Weather Looking Meek as a Lamb as Natural Gas Futures Slide

March Weather Looking Meek as a Lamb as Natural Gas Futures Slide

A decidedly mild temperature outlook for the first half of March sent natural gas futures grinding lower in early trading Friday. The April Nymex contract was down 3.6 cents to $2.741/MMBtu at around 8:50 a.m. ET.  Now that the market has had a chance to digest the 300-plus Bcf weekly withdrawal reported in the latest…

February 26, 2021
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