Natural gas futures

Despite dings along the way, weekly cash prices gained ground amid lofty temperatures across much of the Lower 48 and inconsistent production levels. NGI’s Weekly Spot Gas National Avg. for the July 25-28 period advanced 40.5 cents to $8.655. Robust cooling demand fueled strong advances for physical prices on Monday and Tuesday. Prices pulled back…

Natural gas futures fluctuated again Friday but ultimately forged ahead as weather forecasts pointed to above-average cooling demand in August. The September Nymex gas futures contract gained 9.5 cents day/day and settled at $8.229/MMBtu. It had shed 42.0 cents in its debut as the prompt month a day earlier, when price swings also defined trading.…

Natural gas futures teetered between modest gains and losses early and then dropped Thursday, despite a weak storage injection and lower production that left markets to mull the possibility of light supplies for the coming winter. In its first session as the prompt month, the September Nymex gas futures contract settled at $8.134/MMBtu, down 42.0…

Natural gas futures pared their losses in early trading Friday as analysts parsed the latest government inventory data, finding evidence of a storage cushion worn down by sweltering summer temperatures.  Coming off a 42.0-cent sell-off in the previous session, the September Nymex contract was up 19.5 cents to $8.329/MMBtu at around 8:50 a.m. ET. The…

Natural gas futures teetered between modest gains and losses early and then dropped Thursday, despite a weak storage injection and lower production that left markets to mull the possibility of light supplies for the coming winter. In its first session as the prompt month, the September Nymex gas futures contract settled at $8.134/MMBtu, down 42.0…

North American natural gas prices continued to be pressured to the upside this week amid sizzling temperatures and low storage inventories. The August New York Mercantile Exchange (Nymex) contract went out meekly as prompt month on Wednesday after a nearly week-long rally. The August gas futures contract settled at $8.687/MMBtu, down 30.6 cents day/day. September…

Natural gas basis prices for August skyrocketed across the Southeast during the trading period ending July 27 as searing heat ratcheted up cooling demand, NGI’s Forward Look data showed. The massive premiums occurred on top of surging fixed forward prices across North America. Henry Hub August fixed prices jumped 76.0 cents through the period to…

August Nymex natural gas futures faltered Wednesday, snapping a furious rally that dated to last week amid robust cooling demand and global supply worries. The prompt month gas futures contract settled at $8.687/MMBtu, down 30.6 cents day/day. September fell 27.1 cents to $8.554. At A Glance: BREAKING: U.S. EIA reported an injection of 15 Bcf…

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 15 Bcf natural gas into storage for the week ended July 22. The result fell below already modest expectations, leaving Nymex natural gas futures to whipsaw in and out of positive territory as market participants tried to assess its implications. Ahead of the…