Natural gas futures

As weekend forecast trends lowered August cooling demand expectations, natural gas futures pulled back in early trading Monday. The September Nymex contract was off 31.9 cents to $7.745/MMBtu as of around 8:40 a.m. ET. Weather models trended cooler over the weekend, including a decline of nine cooling degree days (CDD) in the European model’s projections,…

Only four days in, and August is full of surprises – this time a whopper of a storage report that sent natural gas futures tumbling as much as 44 cents lower day/day. Bulls bought the dip, however, and the September Nymex gas futures contract settled Thursday at $8.122/MMBtu, off only 14.4 cents from Wednesday’s close.…

Natural gas futures skidded lower in early trading Friday as traders and analysts continued to contemplate evidence of looser balances in the latest round of government inventory data. The September Nymex contract was off 13.4 cents to $7.988/MMBtu at around 8:45 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 41 Bcf injection…

Only four days in, and August is full of surprises – this time a whopper of a storage report that sent natural gas futures tumbling as much as 44 cents lower day/day. Bulls bought the dip, however, and the September Nymex gas futures contract settled Thursday at $8.122/MMBtu, off only 14.4 cents from Wednesday’s close.…

As forecasts pointed to some minor easing in the intensity of summer heat through the middle of August, natural gas forwards prices were mixed, with mostly modest gains during the July 28-Aug. 3 trading period, NGI’s Forward Look data show. Fixed price trading for September delivery at benchmark Henry Hub climbed 13 cents week/week to…

The Energy Information Administration (EIA) reported a much larger-than-expected 41 Bcf injection into natural gas storage inventories for the week ending July 29. The EIA figure topped even the highest of estimates ahead of the report, and seemingly eased some concerns about supply, given the possibility of Freeport LNG’s return in October. The Nymex September…

Natural gas futures were humming along most of Wednesday, with prices moving in and out of positive territory amid little change in the weather forecast or production data. In the last half of trading, however, the September Nymex exploded higher as details emerged regarding Freeport LNG’s potential return. At the close, the prompt month had…

Natural gas futures held onto their recent gains early Thursday as traders awaited the latest government inventory data, set against the backdrop of a more bullish outlook for export demand later this year. After surging 56.0 cents higher in Wednesday’s session, the September Nymex contract was off 3.1 cents to $8.235/MMBtu as of around 8:50…

After failing to sustain earlier decreases during the prior trading session, natural gas futures resumed their slide on Tuesday as two major weather models pointed to easing heat in the coming weeks. The September Nymex gas futures contract plunged 57.7 cents to $7.706/MMBtu. October futures tumbled 56.2 cents to $7.698. Spot gas prices tacked on…