Natural gas futures

October Natural Gas Futures, Cash Prices Languish as Forecasters See Weather Demand Tapering

October Natural Gas Futures, Cash Prices Languish as Forecasters See Weather Demand Tapering

Natural gas futures on Friday dipped lower for a second consecutive day as traders mulled forecasts for milder temperatures, the specter of easing demand and the potential for stronger storage injections ahead. The October Nymex contract dropped 23.0 cents day/day and settled at $5.105/MMBtu. November fell 23.6 cents to $5.146. NGI’s Spot Gas National Avg.…

September 17, 2021
October Natural Gas Futures, Cash Prices Lose Ground Amid Signs of Waning Demand

October Natural Gas Futures, Cash Prices Lose Ground Amid Signs of Waning Demand

Natural gas futures lost momentum on Thursday after a fierce rally that sent the prompt month more than 50 cents higher over the three previous sessions. Traders took profits after weather forecasts shifted cooler and a government inventory report showed a larger storage injection than expected. The October Nymex contract declined 12.5 cents day/day and…

September 17, 2021
Natural Gas Futures Slide Early as ‘Volatility Likely Rules’ Amid Storage Concerns

Natural Gas Futures Slide Early as ‘Volatility Likely Rules’ Amid Storage Concerns

As traders and analysts continued to mull the balance implications of a weekly injection that fell on the high side of estimates, recently volatile natural gas futures prices lost further ground in early trading Friday. The October Nymex contract was down 11.5 cents to $5.220/MMBtu at around 8:50 a.m. ET. The U.S. Energy Information Administration…

September 17, 2021
Mexico Natural Gas Market Spotlight: Pricing ‘Fear’ Spilling Across Border

Mexico Natural Gas Market Spotlight: Pricing ‘Fear’ Spilling Across Border

Despite a slight reversal in trend Thursday spurred by a larger than expected injection into U.S. storage inventories, natural gas prices have been on a tear and are at eight-year highs. The October New York Mercantile Exchange (Nymex) contract jumped more than 50 cents between Monday and Wednesday, touching new highs for the year on…

September 16, 2021
October Natural Gas Futures, Spot Prices Extend Rally

October Natural Gas Futures, Spot Prices Extend Rally

Natural gas futures on Wednesday rallied for a third consecutive session, again touching a new high for the year as traders fixated on potentially sparse supplies in the United States and Europe ahead of the peak winter demand season.  At A Glance: BREAKING: U.S. EIA reports injection of 83 Bcf into natural gas storage for…

September 16, 2021
Bearish Storage Injection Curtails Furious Rally for October Natural Gas Futures

Bearish Storage Injection Curtails Furious Rally for October Natural Gas Futures

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 83 Bcf into natural gas storage for the week ended Sept. 10. The result eclipsed market expectations and the five-year average, sending Nymex natural gas futures lower. Ahead of the EIA report, the October contract was down 15.3 cents at $5.307/MMBtu, in part…

September 16, 2021
Natural Gas Futures Pare Gains Ahead of EIA Report as Analysts Watch Global Price Trends

Natural Gas Futures Pare Gains Ahead of EIA Report as Analysts Watch Global Price Trends

Natural gas futures pared their recent gains early Thursday as traders prepared to digest updated government inventory data that was expected to show a notably larger weekly injection compared to recent reports. The October Nymex contract was down 8.3 cents to $5.377/MMBtu at around 8:55 a.m. ET. That the October contract began to sell off…

September 16, 2021
Tropical Storm Nicholas Punctuates Supply Worries, Drives Natural Gas Futures Higher

Tropical Storm Nicholas Punctuates Supply Worries, Drives Natural Gas Futures Higher

Natural gas futures on Tuesday extended the ferocious rally launched a day earlier, hitting a high point for the year, as traders fixated on supply/demand imbalance concerns and cash prices continued to escalate. The October Nymex contract gained 2.9 cents day/day and settled at $5.260/MMBtu. A day earlier, the prompt month soared nearly 30 cents.…

September 15, 2021
‘All Fear in the Market’ as Natural Gas Futures Rally Early

‘All Fear in the Market’ as Natural Gas Futures Rally Early

Natural gas futures rocketed higher early Wednesday as supply concerns continued to grip the market. The October Nymex contract was up 17.4 cents to $5.434/MMBtu at around 8:45 a.m. ET. The continued gains in Henry Hub futures coincide with rallying prices overseas and storage adequacy concerns both at home and abroad, according to Bespoke Weather…

September 15, 2021
Supply Worries, Strong Cash Prices Boost October Natural Gas Futures to 2021 High

Supply Worries, Strong Cash Prices Boost October Natural Gas Futures to 2021 High

Natural gas futures on Tuesday extended the ferocious rally launched a day earlier, hitting a high point for the year, as traders fixated on supply/demand imbalance concerns and cash prices continued to escalate. The October Nymex contract gained 2.9 cents day/day and settled at $5.260/MMBtu. A day earlier, the prompt month soared nearly 30 cents.…

September 14, 2021
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