Natural gas futures

Last Week’s Sell-Off Said ‘Unsustainable’ as Natural Gas Futures Continue Rebound

Last Week’s Sell-Off Said ‘Unsustainable’ as Natural Gas Futures Continue Rebound

Natural gas futures continued to rally in early trading Tuesday as analysts pointed to technicals and the looming front month contract expiration as key factors influencing prices in the near term.  Coming off a 24.0-cent rally in the previous session, the November Nymex contract was up 19.7 cents to $5.396/MMBtu at around 8:50 a.m. ET.…

October 25, 2022
$5 Natural Gas Back in Play, but Futures Could Find ‘Decent Support’ Ahead of Expiration

$5 Natural Gas Back in Play, but Futures Could Find ‘Decent Support’ Ahead of Expiration

Natural gas futures collapsed further on Friday, settling at a level not seen in seven months as widespread warmth was seen continuing longer, limiting gas demand. The November Nymex natural gas futures contract closed out the week at $4.959/MMBtu, down 39.9 cents from Thursday’s close and off $1.494 from a week earlier (Oct. 14). Spot…

October 24, 2022
Facing ‘Bearish Weather Headwinds,’ Natural Gas Futures Continue Retreat

Facing ‘Bearish Weather Headwinds,’ Natural Gas Futures Continue Retreat

With more mild early winter weather on tap, and with storage refilling quickly, natural gas futures added to their recent losses in early trading Monday. Coming off a 39.9-cent sell-off in the previous session, the November Nymex contract was down 6.1 cents to $4.898/MMBtu at around 8:45 a.m. ET. Plummeting futures prices reflect a market…

October 24, 2022
Natural Gas Futures Plunge Below $5 as Weather, Fundamentals ‘Bad as You’ll Ever See’

Natural Gas Futures Plunge Below $5 as Weather, Fundamentals ‘Bad as You’ll Ever See’

Natural gas futures collapsed further on Friday, settling at a level not seen in seven months as widespread warmth was seen continuing longer, limiting gas demand. The November Nymex natural gas futures contract closed out the week at $4.959/MMBtu, down 39.9 cents from Thursday’s close and off $1.494 from a week earlier (Oct. 14). At…

October 21, 2022
What Tools are Used by the Natural Gas Industry to Forecast Prices? Listen Now to NGI’s Hub & Flow

What Tools are Used by the Natural Gas Industry to Forecast Prices? Listen Now to NGI’s Hub & Flow

Click here to listen to part three of NGI’s three-part Hub & Flow podcast series that discusses how the North American natural gas market works and details behind the tools that are available to successfully navigate it. Trying to understand where the price of natural gas at the Henry Hub is headed? In part one,…

October 21, 2022
Natural Gas Futures Weakness Continues; Freeport, Cold Weather Could Resuscitate Market

Natural Gas Futures Weakness Continues; Freeport, Cold Weather Could Resuscitate Market

After some hiccups earlier in Thursday’s session, natural gas futures managed to finish in the red for a fifth straight trading day as traders digested another massive storage injection. The November Nymex gas futures contract settled at $5.358/MMBtu, down 10.4 cents on the day. December slid 9.0 cents to $5.838. Spot gas prices continued to…

October 21, 2022
Weather ‘Emphatically Bearish’ as Natural Gas Futures Extend Slide Early

Weather ‘Emphatically Bearish’ as Natural Gas Futures Extend Slide Early

With declining heating demand expectations in the latest forecasts pointing to an underwhelming start to winter, natural gas futures continued to fade in early trading Friday. Adding to a string of day/day losses going back to last week, the November Nymex contract was down 30.7 cents to $5.051/MMBtu at around 8:40 a.m. ET. December was…

October 21, 2022
Natural Gas Futures Sell-Off Extends to Five Straight Sessions, but Cold December ‘Good Bull Recipe’

Natural Gas Futures Sell-Off Extends to Five Straight Sessions, but Cold December ‘Good Bull Recipe’

After some hiccups earlier in Thursday’s session, natural gas futures managed to finish in the red for a fifth straight trading day as traders digested another massive storage injection. The November Nymex gas futures contract settled at $5.358/MMBtu, down 10.4 cents on the day. December slid 9.0 cents to $5.838. Spot gas prices continued to…

October 20, 2022
Natural Gas Forward Prices Plummeting Amid Ample Storage Builds, Mild Temps

Natural Gas Forward Prices Plummeting Amid Ample Storage Builds, Mild Temps

Buckling under the weight of one triple-digit shoulder season storage injection after another, natural gas forwards sold off sharply during the Oct. 13-19 trading period, NGI’s Forward Look data show. Regional forwards price action from coast to coast reflected a market reconsidering the extent of winter upside risks in light of a rapidly shrinking inventory…

October 20, 2022
U.S. Storage in South Central ‘Production Region’ Filling Up Quickly, Sinking Natural Gas Prices – Mexico Spotlight

U.S. Storage in South Central ‘Production Region’ Filling Up Quickly, Sinking Natural Gas Prices – Mexico Spotlight

Stubbornly robust U.S. natural gas production and warmer weather has meant that storage inventories in the United States are filling up fast. In the South Central region north of Mexico, natural gas storage inventories are almost back to within five-year average levels. On Thursday, U.S. Energy Information Administration (EIA) data showed that the South Central…

October 20, 2022