Natural gas futures

Natural Gas Futures Slightly Higher, but Some Downside Risks Seen Near-Term

Natural Gas Futures Slightly Higher, but Some Downside Risks Seen Near-Term

Amid mild springtime weather-driven demand and steady readings for production and exports, natural gas futures hovered close to even in early trading Monday. The May Nymex contract was up 0.7 cents to $1.792/MMBtu as of 8:30 a.m. ET. June was trading at $2.013, up 0.3 cents. EBW Analytics Group analyst Eli Rubin told clients early…

April 8, 2024
Weekly Natural Gas Spot Prices, Futures Uneven Amid Mixed Fundamentals

Weekly Natural Gas Spot Prices, Futures Uneven Amid Mixed Fundamentals

Weekly natural gas cash prices gained ground overall amid a rash of chilly northern temperatures, but pockets of weakness, particularly in West Texas, tempered the advance. NGI’s Weekly Spot Gas National Avg. for the April 1-5 period rose 16.0 cents to $1.460/MMBtu. As the trading week culminated, leading gainers included Michigan Consolidated, up 25.0 cents…

April 5, 2024
Natural Gas Futures Finish Trading Week on Positive Note, Bolstered by Supply Cuts; Cash Prices Cascade

Natural Gas Futures Finish Trading Week on Positive Note, Bolstered by Supply Cuts; Cash Prices Cascade

Natural gas futures found fresh footing on Friday, supported by expectations for an ongoing production pullback as well as economic vigor that continues to support industrial energy demand. At A Glance: Output holds under 100 Bcf/d Inventory surplus narrows  Weather forecast favors bears The May Nymex gas futures contract gained 1.1 cents day/day and settled…

April 5, 2024
Signs of Recovery as Natural Gas Forward Prices Advance to Begin Storage Injection Season

Signs of Recovery as Natural Gas Forward Prices Advance to Begin Storage Injection Season

Regional natural gas forward prices advanced during the March 28-April 3 trading period as the start of the spring natural gas storage injection season found market bulls searching for signs of green shoots after a bitter winter. May fixed prices at Henry Hub rallied 12.1 cents to $1.845/MMBtu, setting the pace for similar front-month gains…

April 5, 2024
Natural Gas Futures Traders Weighing Mixed Outlook; Steep Spot Discounts — MidDay Market Snapshot

Natural Gas Futures Traders Weighing Mixed Outlook; Steep Spot Discounts — MidDay Market Snapshot

Natural gas futures clawed back some of their recent losses through midday trading Friday as the market continued to mull a mix of fundamental factors, including restrained production, mild weather and plump inventories. Meanwhile, little buying interest for weekend and Monday delivery had cash prices falling hard. Here’s the latest: May Nymex futures at $1.804/MMBtu…

April 5, 2024
Natural Gas Futures, Cas Prices Slump as Storage Draw Fails to Impress

Natural Gas Futures, Cas Prices Slump as Storage Draw Fails to Impress

Natural gas futures fell for a second straight session on Thursday, dragged lower by forecasts for benign weather and government inventory data that showed stout supplies in storage. At A Glance: EIA prints 37 Bcf withdrawal Outlook shifts to injections Weather demand softens Coming off a 2.1-cent loss the prior day, the May Nymex gas…

April 5, 2024
Natural Gas Futures Flat to Lower Early as Market Mulls Mild Weather, Storage Outlook

Natural Gas Futures Flat to Lower Early as Market Mulls Mild Weather, Storage Outlook

Natural gas futures held steady at the front of the curve in early trading Friday as mild shoulder season weather and a somewhat looser-than-expected close to withdrawal season kept the pressure on prices. At around 8:45 a.m. ET, the May Nymex contract was close to unchanged at $1.773/MMBtu. The front month sold off 6.7 cents…

April 5, 2024
Natural Gas Futures Falter After Storage Print Affirms Lofty Supplies; Spot Prices Slide

Natural Gas Futures Falter After Storage Print Affirms Lofty Supplies; Spot Prices Slide

Natural gas futures fell for a second straight session on Thursday, dragged lower by forecasts for benign weather and government inventory data that showed stout supplies in storage. At A Glance: EIA prints 37 Bcf withdrawal Outlook shifts to injections Weather demand softens Coming off a 2.1-cent loss the prior day, the May Nymex gas…

April 4, 2024
Mexico Natural Gas Market Turns Attention to Elections, Summer Demand – Spotlight

Mexico Natural Gas Market Turns Attention to Elections, Summer Demand – Spotlight

North American natural gas futures got a small boost this week on news of weaker production from U.S. operators, but by mid-week the momentum had fizzled. The May New York Mercantile Exchange gas futures contract posted a second day of losses and lost 6.7 cents on Thursday to settle at $1.774/MMBtu. Mexican imports of U.S.…

April 4, 2024
Natural Gas Forwards Entering Shoulder Season in Search of Recovery

Natural Gas Forwards Entering Shoulder Season in Search of Recovery

Regional natural gas forward prices advanced during the March 28-April 3 trading period as the start of the spring injection season found market bulls searching for signs of green shoots after a bitter winter. May fixed prices at Henry Hub rallied 12.1 cents to $1.845/MMBtu, setting the pace for similar front-month gains across much of…

April 4, 2024