Natural gas futures

Natural gas futures were poised to extend their decline for a third straight day after the latest government inventory report showed a bigger-than-expected increase in storage levels for mid-April. A pop late in Thursday’s session, however, lifted the May Nymex gas futures contract to $6.957/MMBtu, up 2.0 cents day/day. June futures tacked on 3.0 cents…

With analysts pointing to signs of incremental weakness in the underlying fundamentals following a larger-than-average injection in the latest government inventory report, natural gas futures retreated in early trading Friday.  The May Nymex contract was off 14.2 cents to $6.815/MMBtu at around 8:50 a.m. ET. June was down 14.7 cents to $6.949. Following Thursday’s bearish…

Natural gas futures were poised to extend their decline for a third straight day after the latest government inventory report showed a bigger-than-expected increase in storage levels for mid-April. A pop late in Thursday’s session, however, lifted the May Nymex gas futures contract to $6.957/MMBtu, up 2.0 cents day/day. June futures tacked on 3.0 cents…

Natural gas futures continued to retreat sharply midweek in yet another display of the market being largely disengaged from fundamentals. After bouncing back to a $7.410 intraday high, the May Nymex gas futures contract settled Wednesday at $6.937/MMBtu, down 23.9 cents from Tuesday’s close. June futures slid 21.2 cents to $7.065. At A Glance: BREAKING:…

As traders prepared to shift their attention to another round of government inventory data, natural gas futures were testing the $7.00 mark in early trading Thursday. The May Nymex contract was up 5.0 cents to $6.987/MMBtu at around 10:20 a.m. ET. Ahead of the Energy Information Administration’s (EIA) latest report, scheduled for 10:30 a.m. ET,…

Natural gas futures continued to retreat sharply midweek in yet another display of the market being largely disengaged from fundamentals. After bouncing back to a $7.410 intraday high, the May Nymex gas futures contract settled Wednesday at $6.937/MMBtu, down 23.9 cents from Tuesday’s close. June futures slid 21.2 cents to $7.065. At A Glance: Talk…

In a major technical correction, and with a little help from fundamentals, natural gas futures plummeted more than 70.0 cents on Tuesday. After sinking below $7.000 early in the session, the May Nymex contract settled at $7.176/MMBtu. Spot gas prices also hit the brakes, despite the lingering effects of a Nor’easter that set records along…

Natural gas futures were trading both sides of even early Wednesday as analysts cautioned to expect volatility ahead following an extraordinary run higher for prices.  Coming off a steep 64.4-cent sell-off in the previous session, the May Nymex contract was down 4.2 cents to $7.134/MMBtu at around 8:50 a.m. ET. Roughly a half hour earlier,…

In a major technical correction, and with a little help from fundamentals, natural gas futures plummeted more than 70.0 cents on Tuesday. After sinking below $7.000 early in the session, the May Nymex contract settled at $7.176/MMBtu. Spot gas prices also hit the brakes, despite the lingering effects of a Nor’easter that set records along…