Natural gas futures

A colder shift in forecasts over the weekend, including increasing potential for a chillier pattern into the middle of next month, saw natural gas futures rebound in early trading Monday. The February Nymex contract was up 8.7 cents to $2.533/MMBtu at around 8:40 a.m. ET. Analysts at EBW Analytics Group attributed the early morning price…

Natural gas futures faltered for a fourth-consecutive day to end the week, with weakened weather demand expectations and lower U.S. export levels overshadowing a government inventory report that showed the steepest withdrawal of the season. The February Nymex gas futures contract settled at $2.446, down 4.5 cents day/day. March shed 4.1 cents to $2.456. NGI’s…

The U.S. Energy Information Administration (EIA) on Friday reported a withdrawal of 187 Bcf from natural gas storage for the week ending Jan. 15. It marked the steepest withdrawal of the season and exceeded the midpoint of analysts’ estimates. But it failed to impress, and Nymex natural gas futures faltered. Ahead of the EIA report,…

BREAKING: U.S. EIA on Friday reported a withdrawal of 187 Bcf from natural gas storage for the week ending Jan. 15 LNG feed gas levels dropped lower Cash prices were flat following two steep drops For a third-straight day, Natural gas futures gave up ground, with warmer weather outlooks outshining expectations for a steep storage…

As updated forecasts pointed to a mild start to February, and as traders prepared to digest the latest government inventory data, natural gas futures were down a few cents early Friday. The February Nymex contract was off 3.6 cents to $2.455/MMBtu at around 8:40 a.m. ET. The U.S. Energy Information Administration (EIA) on Friday could…

For a third-straight day, Natural gas futures gave up ground, with warmer weather outlooks outshining expectations for a steep storage withdrawal. The February Nymex gas futures contract settled at $2.491, down 4.8 cents day/day. March fell 3.6 cents to $2.497. “Weather is king,” Bespoke Weather Services said, “and continued warmth will keep the market under…

Mother Nature delivered a gut punch to the natural gas market, pulling back on projections for a polar vortex to descend into the Lower 48 by the end of the month. The frigid forecast was seen as the missing link in an otherwise solidly supported market. Natural gas forward prices responded with sharp decreases in…

Natural gas futures fell for a second consecutive day Expectations for strong weather-driven demand dwindled Cash prices dropped as mild temperatures persisted Natural gas futures fell for a second consecutive day on Wednesday, as traders absorbed dwindling expectations for strong weather-driven demand, moderating U.S. liquefied natural gas (LNG) levels and a change in control in…

Continued warmth in the latest forecasts, combined with a drop in export volumes, sent natural gas futures several cents lower in early trading Thursday. The February Nymex contract was down 5.0 cents to $2.489/MMBtu at around 8:45 a.m. ET. The updated forecast from Bespoke Weather Services early Thursday showed small changes versus 24 hours earlier.…