Natural gas futures

Natural Gas Futures, Physical Prices Power Ahead and Extend Late Summer Rally

Natural Gas Futures, Physical Prices Power Ahead and Extend Late Summer Rally

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…

September 14, 2022
‘Bullish Supply, Bearish Price’ Signals Seen for U.S. Natural Gas, Though Volatility Still Likely

‘Bullish Supply, Bearish Price’ Signals Seen for U.S. Natural Gas, Though Volatility Still Likely

Despite multiple bearish indicators heading into winter, it doesn’t take much these days for U.S. natural gas prices to swing sharply upward, experts said Monday. Rising domestic production and expected milder than average temperatures across much of the Lower 48 should help keep prices in check over the coming months, even with storage levels currently…

September 14, 2022
October Natural Gas Futures Post Fourth Consecutive Gain

October Natural Gas Futures Post Fourth Consecutive Gain

Natural gas futures on Tuesday forged ahead a fourth-consecutive session as near-term weather conditions took a bullish turn and domestic production declined amid maintenance events. Festering fears about European supply woes added upward price pressure. Coming off a 25.3-cent rally on Monday – and gains over the two prior sessions last week — the October…

September 14, 2022
Natural Gas Futures, Cash Prices Continue Rally as Cooling Demand Lingers

Natural Gas Futures, Cash Prices Continue Rally as Cooling Demand Lingers

Natural gas futures on Tuesday forged ahead a fourth-consecutive session as near-term weather conditions took a bullish turn and domestic production declined amid maintenance events. Festering fears about European supply woes added upward price pressure. Coming off a 25.3-cent rally on Monday – and gains over the two prior sessions last week — the October…

September 13, 2022
Natural Gas Futures Post Another Gain Amid Precarious Storage Situation

Natural Gas Futures Post Another Gain Amid Precarious Storage Situation

Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…

September 13, 2022
Winter Natural Gas Price Spikes Said Possible Despite Mild Forecast, Output Rebound

Winter Natural Gas Price Spikes Said Possible Despite Mild Forecast, Output Rebound

Despite multiple bearish indicators heading into winter, it doesn’t take much these days for U.S. natural gas prices to swing sharply upward, experts said Monday. Rising domestic production and expected milder than average temperatures across much of the Lower 48 should help keep prices in check over the coming months, even with storage levels currently…

September 13, 2022
Natural Gas Futures Extend Win Streak Amid Lingering Domestic, Global Supply Concerns

Natural Gas Futures Extend Win Streak Amid Lingering Domestic, Global Supply Concerns

Natural gas futures on Monday advanced for a third consecutive session, propelled by festering worries about winter storage inadequacy. The October Nymex gas futures contract jumped 25.3 cents day/day and settled at $8.249/MMBtu. November rose 24.3 cents to $8.287. NGI’s Spot Gas National Avg. followed suit, gaining 18.5 cents to $7.620. “The storage situation is…

September 12, 2022
October Natural Gas Futures Eke Out Another Price Gain Friday

October Natural Gas Futures Eke Out Another Price Gain Friday

Natural gas prices hovered in a narrow range of modest gains and losses Friday before ultimately finishing in positive territory, as traders assessed cooler near-term weather patterns and mounting production against lingering storage deficits.   The October Nymex gas futures contract settled at $7.996/MMBtu, up 8.1 cents day/day. It marked a second consecutive advance. November rose…

September 12, 2022
Natural Gas Futures Ease Lower Early Amid Production Strength, Milder Weather

Natural Gas Futures Ease Lower Early Amid Production Strength, Milder Weather

Milder shoulder season weather and continued production strength over the weekend helped pressure natural gas futures lower in early trading Monday. The October Nymex contract was off 6.6 cents to $7.930/MMBtu at around 8:50 a.m. ET. Coming off two straight day/day gains to close out last week, the front month was probing modestly higher earlier…

September 12, 2022
Natural Gas Futures Forge Ahead, but Sustained September Momentum Proves Elusive

Natural Gas Futures Forge Ahead, but Sustained September Momentum Proves Elusive

Natural gas prices hovered in a narrow range of modest gains and losses Friday before ultimately finishing in positive territory, as traders assessed cooler near-term weather patterns and mounting production against lingering storage deficits.   At A Glance: Weather demand forecast to wane ‘Fear’ lingers about threat to exports Production holds near 2022 high The October…

September 9, 2022