Natural gas futures

Natural gas futures floundered a second consecutive day on Friday as markets continued to digest a bearish storage report, looming fall weather and an averted railroad strike that could have snarled supply chains and wreaked havoc across the U.S. economy. The October Nymex natural gas futures contract settled at $7.764/MMBtu, down 56.0 cents day/day. A…

Natural gas futures snapped a five-day rally and plunged in Thursday trading. The October Nymex gas futures contract fell 79.0 cents day/day and settled at $8.324/MMBtu after officials said a railway strike had been avoided and the latest government inventory report proved bearish. The prompt month had jumped 83.0 cents on Wednesday, the biggest gain…

Regional natural gas forwards rallied sharply during the Sept. 8-14 trading period, coinciding with a surge in the futures market amid apparent market speculation over impacts to power burns from a potential railroad strike, NGI’s Forward Look data show. Also bolstered by lingering storage deficits and a bout of late-season cooling demand expected for next…

Natural gas futures snapped a five-day rally and plunged in Thursday trading. The October Nymex gas futures contract fell 79.0 cents day/day and settled at $8.324/MMBtu after officials said a railway strike had been avoided and the latest government inventory report proved bearish. The prompt month had jumped 83.0 cents on Wednesday, the biggest gain…

The October Nymex natural gas futures contract spiked 83.0 cents day/day on Wednesday to surge above $9.00/MMBtu. It then plummeted back to earth on Thursday as rumors of a potential railway workers strike faded in the United States. The news “that a strike has likely been averted triggered the start of selling early this morning,…

Boosted by late-season heat, domestic storage concerns and robust global demand, natural gas futures on Wednesday rallied for a fifth-straight session. The October Nymex gas futures contract spiked 83.0 cents day/day and settled at $9.114/MMBtu, marking its biggest jump in the latest bull run. November gained 83.3 cents to $9.167. At A Glance: BREAKING: U.S.…

The U.S. Energy Information Administration (EIA) reported an injection of 77 Bcf natural gas into storage for the week ended Sept. 9. The result came in above median estimates and added pressure to already slumping Nymex natural gas futures. The build kept inventories below average levels, but analysts on the online energy platform Enelyst said…

Natural gas futures reversed sharply lower early Thursday as reports of a tentative labor agreement removed the looming threat of major rail system disruptions. After jumping 83.0 cents higher in the previous session, the October Nymex contract was off 55.5 cents to $8.559/MMBtu at around 8:50 a.m. ET. The steep sell-off came amid reports early…

Boosted by late-season heat, domestic storage concerns and robust global demand, natural gas futures on Wednesday rallied for a fifth-straight session. The October Nymex gas futures contract spiked 83.0 cents day/day and settled at $9.114/MMBtu, marking its biggest jump in the latest bull run. November gained 83.3 cents to $9.167. At A Glance: Demand drivers…