Natural gas futures

Natural gas futures faltered for an eighth-consecutive session on Thursday, dropping to three-and-a-half year lows following a bearish government inventory report and amid ongoing signs of supply/demand imbalance. At A Glance: EIA reports 49 Bcf draw Mixed near-term weather Production holds strong Coming off an 8.0-cent loss the prior session, the March Nymex gas futures…

With oversupply concerns remaining top-of-mind following a bearish miss in the latest government inventory data, natural gas futures hovered close to even at discounted levels early Friday. Having sold off throughout the week as the market searches for a bottom, the March Nymex contract was up 1.3 cents to $1.594/MMBtu at around 8:45 a.m. ET.…

Natural gas futures faltered for an eighth-consecutive session on Thursday, dropping to three-and-a-half year lows following a bearish government inventory report and amid ongoing signs of supply/demand imbalance. At A Glance: EIA reports 49 Bcf draw Mixed near-term weather Production holds strong Coming off an 8.0-cent loss the prior session, the March Nymex gas futures…

Slammed by a lack of winter weather set against a robust supply backdrop, regional natural gas forwards fell sharply across the Lower 48 during the Feb. 8-14 trading period, NGI’s Forward Look data show. Henry Hub fixed prices for March delivery took a 35.6-cent nosedive week/week to exit the period at $1.620/MMBtu. The benchmark saw…

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 49 Bcf natural gas from storage for the week ended Feb. 9. The result was weaker than expectations and far shy of historical norms, briefly renewing pressure on Nymex natural gas futures before steadying into a sideways trade midmorning. Minutes ahead of the…

After facing relentless selling pressure in recent sessions, natural gas futures pared some of those losses early Thursday as overnight weather models were seen shifting somewhat cooler. The March Nymex contract was up 2.9 cents to $1.638/MMBtu as of 8:38 a.m. ET. The front month on Wednesday probed as low as $1.590, testing a key…

March Nymex natural gas futures searched for a bottom but had more downside on Tuesday, sinking another 7.9 cents, strangled by a healthy supply of natural gas and no significant demand for it. At A Glance: March futures tumble 7.9 cents Additional losses expected Cash markets sink The prompt-month contract settled at $1.689/MMBtu, off the…

With seemingly nowhere to go but down for prices, weak winter weather and continued production strength kept natural gas futures bulls on the defensive in early trading Wednesday. The March Nymex contract was off 1.8 cents to $1.671/MMBtu as of 8:38 a.m. ET. April was down 2.4 cents to $1.718. Weather models underwent a mix…

March Nymex natural gas futures searched for a bottom but had more downside on Tuesday, sinking another 7.9 cents, strangled by a healthy supply of natural gas and no significant demand for it. At A Glance: Futures sink 7.9 cents More downside expected Cash markets retreat The prompt-month contract settled at $1.689/MMBtu, off the $1.654…