Natural gas futures

Natural Gas Forward Prices Slip as Weather Warms, but War-Led Volatility Continues

Natural Gas Forward Prices Slip as Weather Warms, but War-Led Volatility Continues

Even with Russia’s war in Ukraine raging, U.S. natural gas forward prices retreated a bit during the March 24-30 period amid thawing spring temperatures and moderating demand, NGI’s Forward Look showed. Benchmark Henry Hub set the tone for the week, with volatility still heightened as global energy markets continued to respond to Russia’s invasion of…

March 31, 2022
Early Season Storage Injection Fails to Derail May Natural Gas Futures Momentum

Early Season Storage Injection Fails to Derail May Natural Gas Futures Momentum

Natural gas prices seesawed, but always in positive territory, and advanced on Thursday for a second consecutive session. The first storage injection of the year failed to freeze bulls, who have fixated on robust demand for U.S. exports to help address festering global supply challenges. The May Nymex gas futures contract gained 3.7 cents day/day…

March 31, 2022
North American Natural Gas Futures Rising Again Amid Market Volatility – Mexico Spotlight

North American Natural Gas Futures Rising Again Amid Market Volatility – Mexico Spotlight

May as the prompt month for New York Mercantile Exchange natural gas futures opened with a bang Wednesday, rising 27.5 cents day/day and settling at $5.605/MMBtu. June gained 27.7 cents to $5.658. After slumping to start the week, natural gas futures regained momentum similar to last week’s as volatility remained the name of the game…

March 31, 2022
May Natural Gas Futures Rally to Launch Run as Front Month

May Natural Gas Futures Rally to Launch Run as Front Month

Natural gas futures forged ahead Wednesday, with the May Nymex contract opening its run as the prompt month by building substantial momentum even as domestic demand was poised to fade. May futures advanced 27.5 cents day/day and settled at $5.605/MMBtu. June gained 27.7 cents to $5.658. NGI’s Spot Gas National Avg. gained 1.5 cents to…

March 31, 2022
May Natural Gas Futures Fly Higher After Expected Storage Injection

May Natural Gas Futures Fly Higher After Expected Storage Injection

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 26 Bcf natural gas into storage for the week ended March 25. It marked the first inventory increase of the year, led by a hefty build in the South Central region. The season’s initial injection arrived early by historical standards but was essentially…

March 31, 2022
Natural Gas Futures Ease Lower Early as Market Braces for Early Injection from EIA

Natural Gas Futures Ease Lower Early as Market Braces for Early Injection from EIA

With the market preparing to turn its attention to the latest government storage data, expected to show an unseasonably early March injection, natural gas futures pulled back in early trading Thursday. The May Nymex contract was down 3.4 cents to $5.571/MMBtu at around 8:50 a.m. ET. For the latest Energy Information Administration (EIA) storage report,…

March 31, 2022
May Natural Gas Futures Contract Debuts in Style, Posts Double-Digit Gain

May Natural Gas Futures Contract Debuts in Style, Posts Double-Digit Gain

Natural gas futures forged ahead Wednesday, with the May Nymex contract opening its run as the prompt month by building substantial momentum even as domestic demand was poised to fade. May futures advanced 27.5 cents day/day and settled at $5.605/MMBtu. June gained 27.7 cents to $5.658. NGI’s Spot Gas National Avg. gained 1.5 cents to…

March 30, 2022
April Natural Gas Futures Finish Front-Month Run with Second Straight Loss

April Natural Gas Futures Finish Front-Month Run with Second Straight Loss

Natural gas futures floundered on Tuesday as the domestic weather outlook shifted increasingly bearish, production ticked up and energy commodities broadly dipped lower amid pandemic flare-ups and the potential for a cease-fire in Ukraine. On its final day as the prompt month, the April Nymex gas futures contract lost 17.2 cents day/day and settled at…

March 30, 2022
Forecast Said Neutral for Natural Gas as May Contract Pares Losses

Forecast Said Neutral for Natural Gas as May Contract Pares Losses

Natural gas futures pared their recent losses in early trading Wednesday as analysts pointed to generally minor adjustments to the forecast and the supply/demand balance. Coming off a 17.2-cent sell-off in the previous session, the May Nymex contract was up 7.5 cents to $5.405/MMBtu at around 8:50 a.m. ET.  In terms of both weather and…

March 30, 2022
With Fresh Pandemic Concerns and Spring Temperatures, April Natural Gas Futures Contract Flops on Final Day

With Fresh Pandemic Concerns and Spring Temperatures, April Natural Gas Futures Contract Flops on Final Day

Natural gas futures floundered on Tuesday as the domestic weather outlook shifted increasingly bearish, production ticked up and energy commodities broadly dipped lower amid pandemic flare-ups and the potential for a cease-fire in Ukraine. On its final day as the prompt month, the April Nymex gas futures contract lost 17.2 cents day/day and settled at…

March 29, 2022