Natural gas futures

Natural gas futures extended their losses on Monday as cold weather remained largely absent from long-range forecasts. Despite higher global prices, the November Nymex gas futures contract plunged 42.1 cents to settle at $4.989/MMBtu. December dropped 36.4 cents to hit $5.236. At A Glance: Little cold in the forecasts yet European gas surges Big storage…

Natural gas futures extended their recent losses in early trading Tuesday as considerable weakness in the weather-driven demand outlook continued to weigh on prices. After plummeting 42.1 cents in the previous session, the November Nymex contract was down 9.9 cents to $4.890/MMBtu at around 8:45 a.m. ET. The front month probed back above the $5…

Moving the energy economy to net zero emissions is timely and costly, and the world now faces another dilemma: a natural gas market under “tremendous pressure” ahead of winter, the International Energy Agency (IEA) said Wednesday. In launching its annual World Energy Outlook (WEO-2021), the global energy watchdog acknowledged that winter 2021/2022 is opening with…

Natural gas futures closed the week lower as the latest storage data — the tightest all summer — was seen as a one-off event amid an otherwise bearish backdrop. With the coming two weeks likely to include only a few days of cool weather, the November Nymex gas futures contract fell 22.0 cents to $5.345/MMBtu.…

As traders weighed a bearish weather outlook domestically against new developments on the overseas supply crunch, natural gas futures fell sharply in early trading Monday. The November Nymex contract was down 24.0 cents to $5.170/MMBtu at around 8:45 a.m. ET. The major weather models experienced some volatility over the weekend, according to Bespoke Weather Services.…

Natural gas futures closed the week lower as the latest storage data — the tightest all summer — was seen as a one-off event amid an otherwise bearish backdrop. With the coming two weeks likely to include only a few days of cool weather, the November Nymex gas futures contract fell 27.7 cents on Friday…

Natural gas futures continued to surge Thursday as weather models finally started trending cooler and the latest storage data reflected one of the tightest balances all summer. The November Nymex gas futures contract nearly touched $6.000/MMBtu before midday, but ultimately settled at $5.687, up 9.7 cents from Wednesday’s close. December climbed 8.4 cents to $5.837.…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI’s Patrick Rau, director of Strategy and Research, breaks down what to expect during the oil and natural gas industry’s 3Q2021 earnings calls, which are taking place during a turbulent and chaotic time. Amid a global energy supply crunch,…

As the natural gas market continued to mull the implications of a lower-than-expected weekly storage build, one that appeared to derive from a temporary drop in renewable generation, futures prices retreated in early trading Friday. After rallying 9.7 cents in the previous session, the November Nymex contract was down 10.4 cents to $5.583/MMBtu at around…