Natural gas futures

Calm Before Storm? Natural Gas Futures Called Slightly Higher as Ian Approaches

Calm Before Storm? Natural Gas Futures Called Slightly Higher as Ian Approaches

With Florida bracing for impact and analysts predicting volatility ahead of this week’s front month contract expiration, natural gas futures posted modest gains in early trading Tuesday. The October Nymex contract was up 4.2 cents to $6.945/MMBtu at around 8:45 a.m. ET. November was up 2.9 cents to $7.043. After making landfall over western Cuba,…

September 27, 2022
Natural Gas Futures Eke Out Gain as Production Hits Record High and Hurricane Looms

Natural Gas Futures Eke Out Gain as Production Hits Record High and Hurricane Looms

Coming off a 12% slump last week, natural gas futures clawed back into the green Monday amid estimates of record output and potential threats to production in the form of a hurricane en route to Florida. The October Nymex gas futures contract gained 7.5 cents day/day and settled at $6.903/MMBtu. November added 2.2 cents to…

September 26, 2022
Natural Gas Forward Prices Plunge Amid Bearish Supply Outlook; Waha Trading at Steep Discount

Natural Gas Forward Prices Plunge Amid Bearish Supply Outlook; Waha Trading at Steep Discount

Dragged lower by an upward swing in production, moderating weather and an ongoing curtailment of feed gas deliveries to the Freeport LNG facility, natural gas forward prices crumbled during the trading period from Sept. 15 to Sept. 21. Steep declines of more than 70 cents extended from the October contract through the winter season (November-March),…

September 26, 2022
Steady Production, Fading Demand Send October Natural Gas Futures Lower

Steady Production, Fading Demand Send October Natural Gas Futures Lower

Natural gas futures on Friday concluded a fifth consecutive weekly decline, led lower by abating cooling demand, increasing production and mounting storage. The October Nymex gas futures contract settled at $6.828/MMBtu to close the week’s final session, down 26.1 cents day/day. November fell 20.1 cents to $6.992. NGI’s Spot Gas National Avg. plunged $1.260 to…

September 26, 2022
Hurricane Ian Seen Reaching Florida This Week as Natural Gas Futures Extend Slide

Hurricane Ian Seen Reaching Florida This Week as Natural Gas Futures Extend Slide

With a hurricane tracking toward Florida and the Southeast later this week, potentially impacting natural gas demand in the process, futures extended their losses in early trading Monday. The October Nymex contract was off 15.3 cents to $6.675/MMBtu at around 8:45 a.m. ET. November was down 13.6 cents to $6.856. Hurricane Ian, churning about 275…

September 26, 2022
Slump Endures for Natural Gas Futures, Cash Prices Amid Strengthening Supply

Slump Endures for Natural Gas Futures, Cash Prices Amid Strengthening Supply

Natural gas futures on Friday concluded a fifth consecutive weekly decline, led lower by abating cooling demand, increasing production and mounting storage. The October Nymex gas futures contract settled at $6.828/MMBtu to close the week’s final session, down 26.1 cents day/day. November fell 20.1 cents to $6.992. At A Glance: Futures slip below $7 handle…

September 23, 2022
Natural Gas Futures, Cash Prices Drop as Shoulder Season Arrives

Natural Gas Futures, Cash Prices Drop as Shoulder Season Arrives

Natural gas futures fell for the third time this week after the latest government inventory data showed the biggest boost to underground storage this year, reflecting waning demand and robust production. The October Nymex gas futures contract dropped 69.0 cents day/day and settled at $7.089/MMBtu. November fell 63.4 cents to $7.193. NGI’s Spot Gas National…

September 23, 2022
Natural Gas Sell-Off Continues as Market Mulls Bearish Storage Print, Tropical Cyclone

Natural Gas Sell-Off Continues as Market Mulls Bearish Storage Print, Tropical Cyclone

Natural gas futures continued to slide early Friday, falling below the $7 mark as traders and analysts continued to mull the implications of a larger-than-expected weekly inventory build. The October Nymex contract was down 15.6 cents to $6.933/MMBtu at around 8:55 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 103 Bcf injection…

September 23, 2022
Natural Gas Futures Flop Following Stout Storage Print; Cash Prices Follow Suit

Natural Gas Futures Flop Following Stout Storage Print; Cash Prices Follow Suit

Natural gas futures fell for the third time this week after the latest government inventory data showed the biggest boost to underground storage this year, reflecting waning demand and robust production. The October Nymex gas futures contract dropped 69.0 cents day/day and settled at $7.089/MMBtu. November fell 63.4 cents to $7.193. NGI’s Spot Gas National…

September 22, 2022
North American NatGas Futures on Downward Swing Despite Russian Military Mobilization – Mexico Spotlight

North American NatGas Futures on Downward Swing Despite Russian Military Mobilization – Mexico Spotlight

Natural gas prices again showed volatility this week as news of Russia potentially pouring more into the war effort warned of further disruptions to energy markets. After five sessions of losses, the October Nymex gas futures contract settled at $7.779/MMBtu on Wednesday, up 6.2 cents day/day. November gained 5.5 cents to $7.827. But then a…

September 22, 2022