Natural gas futures

As Russia Signals Escalation in War Effort, Natural Gas Futures Rally Early

As Russia Signals Escalation in War Effort, Natural Gas Futures Rally Early

Against a backdrop of broader energy market anxieties over a potential escalation in the conflict in Ukraine, natural gas futures rallied in early trading Wednesday. The October Nymex contract was up 23.0 cents to $7.947/MMBtu as of around 8:45 a.m. ET. West Texas Intermediate front month crude oil futures were trading $1.02 higher at $84.96/bbl.…

September 21, 2022
Natural Gas Futures Slide as Bears Outmuscle Bulls in Battle at $8 Price Border

Natural Gas Futures Slide as Bears Outmuscle Bulls in Battle at $8 Price Border

Natural gas futures gave up more ground Tuesday despite a bout of near-term heat and a drop in production, extending to four days a string of consecutive losses. The October Nymex gas futures contract shed 3.5 cents day/day and settled at $7.717/MMBtu. November fell 3.2 cents to $7.772. NGI’s Spot Gas National Avg. on Tuesday…

September 20, 2022
Natural Gas Futures, Cash Prices Trade Sideways Amid Strong Demand

Natural Gas Futures, Cash Prices Trade Sideways Amid Strong Demand

Coming off a 56.0-cent sell-off to close out last week’s trading, natural gas futures on Monday shrugged off recent bearish developments and reversed course, trading in positive territory most of the day. Still, futures lost momentum late, despite seasonally stout cooling demand forecast for this week, and the October Nymex gas futures contract settled at…

September 20, 2022
Natural Gas Futures Called Slightly Higher as Estimates Show Production Dip

Natural Gas Futures Called Slightly Higher as Estimates Show Production Dip

With downward momentum appearing to slow in the previous session, natural gas futures were trading close to even early Tuesday, bolstered somewhat by a temporary dip in production volumes. The October Nymex contract was up 2.1 cents to $7.773/MMBtu as of around 8:40 a.m. ET. The front month dipped as low as $7.404 in Monday’s…

September 20, 2022
Natural Gas Futures, Cash Prices Fail to Sustain Fresh Momentum

Natural Gas Futures, Cash Prices Fail to Sustain Fresh Momentum

Coming off a 56.0-cent sell-off to close out last week’s trading, natural gas futures on Monday shrugged off recent bearish developments and reversed course, trading in positive territory most of the day. Still, futures lost momentum late, despite seasonally stout cooling demand forecast for this week, and the October Nymex gas futures contract settled at…

September 19, 2022
Natural Gas Futures, Spot Prices Nosedive as Production Holds Strong 

Natural Gas Futures, Spot Prices Nosedive as Production Holds Strong 

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…

September 19, 2022
Natural Gas Futures Fall Further as Market Braces for Potential Triple-Digit Storage Injection

Natural Gas Futures Fall Further as Market Braces for Potential Triple-Digit Storage Injection

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…

September 16, 2022
Natural Gas Futures, Cash Prices Nosedive to End Win Streak

Natural Gas Futures, Cash Prices Nosedive to End Win Streak

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…

September 16, 2022
Natural Gas Forwards Rally Amid Nymex Volatility, Late-Season Cooling Demand

Natural Gas Forwards Rally Amid Nymex Volatility, Late-Season Cooling Demand

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…

September 15, 2022
Natural Gas Futures Plummet After Negotiators Avert Railway Strike, EIA Prints Bearish Storage Print

Natural Gas Futures Plummet After Negotiators Avert Railway Strike, EIA Prints Bearish Storage Print

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…

September 15, 2022