Natural gas futures

With Exports Strong and More Cold in Forecasts, February Natural Gas Futures Post Third Consecutive Gain

With Exports Strong and More Cold in Forecasts, February Natural Gas Futures Post Third Consecutive Gain

Natural gas futures advanced for a third consecutive session on Tuesday, led higher by mounting levels of U.S. exports, as well as continued expectations for robust domestic demand and increased storage withdrawals. The February Nymex gas futures contract gained 17.0 cents day/day and closed at $4.249/MMBtu. March rose 13.4 cents to $3.968. NGI’s Spot Gas…

January 11, 2022
February Natural Gas Futures Float to 2022 High Amid LNG Strength, Colder Forecasts

February Natural Gas Futures Float to 2022 High Amid LNG Strength, Colder Forecasts

Natural gas futures on Monday closed above $4.00 for the first time this year as European calls for U.S. exports remain robust and forecasts point to continued strong domestic weather-driven demand. The February Nymex gas futures contract settled at $4.079/MMBtu, up 16.3 cents day/day. March rose 10.8 cents to $3.834. NGI’s Spot Gas National Avg.…

January 11, 2022
Natural Gas Futures Steady Early After ‘Notably Warmer’ Euro Trends

Natural Gas Futures Steady Early After ‘Notably Warmer’ Euro Trends

Natural gas futures hovered close to even early Tuesday as traders contemplated warmer overnight weather model trends against a backdrop of generally impressive forecast January cold. The February Nymex contract was up 1.0 cent to $4.089/MMBtu at around 8:50 a.m. ET. The European weather model trended “notably warmer” overnight, including by showing less cold air…

January 11, 2022
Natural Gas Futures Gather Momentum as Winter Chills Prevail

Natural Gas Futures Gather Momentum as Winter Chills Prevail

Natural gas futures advanced Friday as traders shrugged off a disappointing government inventory report and focused instead on robust heating demand, as well as forecasts for additional blasts of freezing weather later in January. The February Nymex gas futures contract gained 10.4 cents day/day and settled at $3.916/MMBtu. March climbed 5.6 cents to $3.726. NGI’s…

January 10, 2022
Weather Models Show ‘Most Bullish Setup’ of Season as Natural Gas Futures Rally Early

Weather Models Show ‘Most Bullish Setup’ of Season as Natural Gas Futures Rally Early

As updated weather models raised the prospect of intense winter chills reaching key markets later this month, natural gas futures were trading sharply higher early Monday. The February Nymex contract was up 24.0 cents to $4.156/MMBtu at around 8:45 a.m. ET. March was trading 18.5 cents higher to $3.911. In the most recent models heading…

January 10, 2022
Natural Gas Futures Fly Higher Amid Snowstorms, Forecasts for Further Freezes

Natural Gas Futures Fly Higher Amid Snowstorms, Forecasts for Further Freezes

Natural gas futures advanced Friday as traders shrugged off a disappointing government inventory report and focused instead on robust heating demand, as well as forecasts for additional blasts of freezing weather later in January. The February Nymex gas futures contract gained 10.4 cents day/day and settled at $3.916/MMBtu. March climbed 5.6 cents to $3.726. NGI’s…

January 7, 2022
February Natural Gas Futures Fizzle, But Spot Prices Spike

February Natural Gas Futures Fizzle, But Spot Prices Spike

Natural gas futures faltered on Thursday after the latest government inventory report showed ample supplies and relatively modest early-winter heating demand. The February Nymex gas futures contract fell 7.0 cents day/day and settled at $3.812/MMBtu. March dipped 4.0 cents to $3.670. At A Glance: EIA posts a 31 Bcf pull from storage The result was…

January 7, 2022
Final Third of January Seen Looking Colder as Natural Gas Futures Rally Early

Final Third of January Seen Looking Colder as Natural Gas Futures Rally Early

Weather-related production declines and signs of chillier temperatures later this month helped natural gas futures traders shrug off bearish inventory data to send prices higher early Friday. The February Nymex contract was up 8.9 cents to $3.901/MMBtu shortly before 9 a.m. ET. The latest weather data heading into Friday’s session was trending toward “colder risks”…

January 7, 2022
Natural Gas Futures Stumble as Stockpiles Hold Above Historic Average

Natural Gas Futures Stumble as Stockpiles Hold Above Historic Average

Natural gas futures faltered on Thursday after the latest government inventory report showed ample supplies and relatively modest early-winter heating demand. The February Nymex gas futures contract fell 7.0 cents day/day and settled at $3.812/MMBtu. March dipped 4.0 cents to $3.670. At A Glance: EIA posts a 31 Bcf pull from storage The result falls…

January 6, 2022
Mexico Natural Gas Market Rides Out First U.S. Cold Snap Without Issues – Mexico Spotlight

Mexico Natural Gas Market Rides Out First U.S. Cold Snap Without Issues – Mexico Spotlight

Texas, and most of the United States, experienced its first big freeze of the year last weekend, but even as natural gas production dropped, the Mexico market didn’t feel any major impacts. “So far, everything has been very tranquil in the market,” a gas buyer in Mexico City told NGI’s Mexico GPI. He said that…

January 6, 2022