Natural gas futures

Natural Gas Futures Extend Rally Early as Forecasts Add Demand Overnight

Natural Gas Futures Extend Rally Early as Forecasts Add Demand Overnight

Natural gas futures pushed higher in early trading Tuesday following gains in projected weather-driven demand from the latest forecasts. Coming off a 4.2-cent gain in the previous session, the February Nymex contract was up 10.3 cents to $2.684/MMBtu at around 8:45 a.m. ET. The American Global Forecast System model added 12 heating degree days (HDD)…

January 5, 2021
Natural Gas Futures Rally Ahead of Close in Final Session of 2020; Cash Slips

Natural Gas Futures Rally Ahead of Close in Final Session of 2020; Cash Slips

Natural gas futures end 2020 sharply higher Weather models increase coming cold in next two weeks Cash weakens on mild near-term pattern Colder trends in the forecast, set against a backdrop of bullish expectations for prices in the year ahead, saw natural gas futures rally to start off 2021. As of around 8:45 a.m. ET…

January 4, 2021
Natural Gas Futures Rally Early in the New Year as Analysts Expecting Bright 2021 for Bulls

Natural Gas Futures Rally Early in the New Year as Analysts Expecting Bright 2021 for Bulls

Colder trends in the forecast, set against a backdrop of bullish expectations for prices in the year ahead, saw natural gas futures rally to start off 2021. As of around 8:45 a.m. ET Monday, the February Nymex contract was up 13.0 cents to $2.669/MMBtu. Compared to expectations prior to the New Year’s Day holiday, forecasts…

January 4, 2021
Easing LNG Demand, Warm Early January Forecast Lead Modest Dip for Nymex Natural Gas

Easing LNG Demand, Warm Early January Forecast Lead Modest Dip for Nymex Natural Gas

BREAKING: EIA reports 114 Bcf withdrawal from U.S. stocks for week ending Dec. 25 Weather models maintain mild outlook for first half of January Cash prices mixed, but West and East coasts post large losses A decline in liquefied natural gas (LNG) demand aided a small pullback in natural gas futures on Wednesday. With weather…

December 31, 2020
European Weather Model Increases Demand Expectations as Natural Gas Futures Climb

European Weather Model Increases Demand Expectations as Natural Gas Futures Climb

An increase in projected demand from the European weather model overnight helped spark gains for natural gas futures in early trading Thursday. The February Nymex contract was up 6.5 cents to $2.487/MMBtu at around 8:45 a.m. ET. As of early Thursday, the European weather model had gained more than 15 heating degree days over the…

December 31, 2020
January Natural Gas Expires Higher as LNG Fuels Rebound; Cash Mixed

January Natural Gas Expires Higher as LNG Fuels Rebound; Cash Mixed

Solid LNG demand sparks big turnaround for expiring January Nymex contract Weather still bearish through mid-January Chilly weather systems boost some cash markets On a day of heightened volatility, the January Nymex natural gas futures contract rebounded sharply ahead of expiration as robust liquefied natural gas (LNG) demand took center stage. Though a full recovery…

December 30, 2020
Weather Outlook ‘Rather Stable’ as Natural Gas Futures Trade Close to Even

Weather Outlook ‘Rather Stable’ as Natural Gas Futures Trade Close to Even

Natural gas futures were trading close to even early Wednesday as the latest forecasts continued to show mild temperatures dominating the Lower 48 through the first half of January. The February Nymex contract was off 0.3 cents to $2.441/MMBtu at around 8:45 a.m. ET. After undergoing a major warm shift over this past weekend, the…

December 30, 2020
January Natural Gas at $2.30 After Weather Data Crushes Hopes for Cold

January Natural Gas at $2.30 After Weather Data Crushes Hopes for Cold

Natural gas futures tumble as weather models turn increasingly mild LNG demand still strong as global gas prices remain near multi-year highs Cash prices plummet amid lackluster demand Natural gas futures tumbled more than 20 cents lower in post-Christmas trading as weather data “failed miserably” over the weekend, shedding a hefty amount of demand from…

December 29, 2020
LNG Strength Offers Hope for Natural Gas Bulls as Futures Pare Losses Early

LNG Strength Offers Hope for Natural Gas Bulls as Futures Pare Losses Early

With natural gas bulls finding solace in strong demand from exports even as winter weather continues to disappoint, futures recovered some of their recent losses in early trading Tuesday.  The January Nymex contract was up 4.5 cents to $2.350/MMBtu at around 8:45 a.m. ET. February was up 5.2 cents to $2.378. The overnight weather data…

December 29, 2020
Christmas Eve Decline Sets Stage for Natural Gas Futures’ Post-Holiday Crash

Christmas Eve Decline Sets Stage for Natural Gas Futures’ Post-Holiday Crash

Increasingly mild outlook sends Nymex futures on post-Christmas crash Positioning ahead of January contract expiration also may be at play Cash prices stumble ahead of extended holiday Natural gas traders on Thursday couldn’t be convinced to go long despite the extended Christmas holiday weekend, especially with the weather data turning milder with every run of…

December 28, 2020