Natural gas futures

Natural gas futures extended their winning ways on Tuesday, advancing for a third session amid lower production readings, signs of renewed LNG strength and bargain buying after a late-winter slump that spilled into the early spring. The May Nymex gas futures contract settled at $1.872/MMBtu, up 2.8 cents day/day. At A Glance: Production declines further…

Natural gas futures added to recent gains in early trading Wednesday as supportive trends in both production and exports helped stir bullish sentiment. The May Nymex contract was up 3.7 cents to $1.909/MMBtu as of 8:35 a.m. ET. The May contract was continuing to enjoy technical momentum heading into Wednesday’s session after crossing the 20-day…

Natural gas futures extended their winning ways on Tuesday, advancing for a third session amid lower production readings, signs of renewed LNG strength and bargain buying after a late-winter slump that spilled into the early spring. The May Nymex gas futures contract settled at $1.872/MMBtu, up 2.8 cents day/day. At A Glance: Production declines further…

The U.S. Energy Information Administration (EIA) is cutting its projected average Henry Hub natural gas spot price to $2.20/MMBtu for 2024, down 5.2% from the $2.30 average price the agency modeled a month earlier. In the April release of its Short-Term Energy Outlook (STEO), published Tuesday, EIA said it expects spot prices at the national…

Natural gas futures pushed ahead on Monday amid expectations for a seasonally modest storage injection and lower production that offset mild spring weather. At A Glance: Production holds below 100 Bcf/d Forecasts for benign weather NGI models 14 Bcf storage increase Coming off a modest 1.1-cent gain on Friday, the May Nymex gas futures contract…

Natural gas futures advanced further in early trading Tuesday as mounting evidence of production weakness offered encouragement for bulls. The May Nymex contract was up 3.7 cents to $1.881/MMBtu at around 8:40 a.m. ET. June was trading at $2.077, up 2.6 cents. Domestic production fell to 97.7 Bcf/d in Wood Mackenzie’s latest estimates early Tuesday,…

Natural gas futures pushed ahead on Monday amid expectations for a seasonally modest storage injection and lower production that offset mild spring weather. At A Glance: Production holds below 100 Bcf/d Forecasts call for benign weather NGI models 14 Bcf storage increase Coming off a modest 1.1-cent gain on Friday, the May Nymex gas futures…

Prompt-month natural gas futures on the New York Mercantile Exchange (Nymex) tested key resistance but failed to push beyond the $1.906/MMBtu high early last week.  The front-month contract was taking another stab at the upside on Monday, gaining 5.5 cents by midday to $1.840 from a $1.785 settlement ahead of the weekend. “May has done…

Bullish optimism, driven in part by lighter production, eclipsed concerns around mild April weather to send natural gas futures higher through midday trading Monday. Meanwhile, spot market sellers in West Texas can expect more pipeline congestion to deal with starting this week. Here’s the latest: May Nymex futures up 5.1 cents to $1.836/MMBtu as of…