Natural gas futures

The U.S. Energy Information Administration (EIA) on Thursday reported an 87 Bcf withdrawal from natural gas storage for the week ended Dec. 15. The draw was an upside miss against expectations and sent Nymex natural gas futures higher. January futures traded 3.0 cents higher day/day at around $2.477/MMBtu ahead of the 10:30 a.m. ET report.…

Natural gas futures advanced early on Wednesday but flipped negative and descended more as the session wore on, with benign weather demand, robust production and elevated supplies in storage overshadowing export strength. At A Glance: Modest withdrawal expected Production remains elevated LNG activity near record mark Coming off a 1.1-cent loss the prior day, the…

January Nymex natural gas futures’ four-day winning streak ended Tuesday in losses driven by revised weather outlooks that erased some cooler, supportive weather from forecasts. The front-month contract settled at $2.492/MMBtu, off 1.1 cents day/day. February futures closed at $2.366, off 5.0 cents. NGI’s Spot National Avg. was down 15.0 cents at $2.405. Notably, the…

January Nymex natural gas futures’ four-day winning streak ended Tuesday in losses driven by revised weather outlooks that erased some cooler, supportive weather from forecasts. At A Glance: January futures slip 1.1 cents Weather forecasts more bearish Spot gas prices slump The front-month contract settled at $2.492/MMBtu, off 1.1 cents day/day. February futures closed at…

January Nymex natural gas futures extended a relief rally into the fourth trading day Monday as hints of colder January weather provided some support, but weather and fundamental outlooks suggested the upside movement would be short-lived. The front-month contract settled at $2.503/MMBtu, up 1.2 cents from Friday but well off an early high of $2.597.…

Weekly cash natural gas prices fell as scattered cold weather failed to generate enough widespread heating demand, while weather forecasts that added more heating degree days (HDD) toward the official start to winter lifted futures late in the week ending Dec. 8.  NGI’s Weekly Spot Gas National Avg. for the Dec. 11-15 period fell 42.0…

January Nymex natural gas futures gained for a third day Friday in an apparent round of profit-taking, and as weather forecasts turned slightly less bearish but suggested the trend toward mild weather would remain intact into the official start of winter.  At A Glance: January gains for third day Brief cooldown supports prices Outlook remains…

Robust natural gas production, plump supplies in storage and benign winter weather so far could send Henry Hub futures below $2.00/MMBtu, putting prices late this year in the realm of the pandemic-induced slump of 2020. “The narrative keeps getting worse for gas bulls,” analysts at The Schork Report said, noting forecasts that call for seasonally…

Appearing to find some support at current discounted levels, natural gas futures advanced modestly in early trading Friday, though a mild December weather outlook remained hardly inspiring for bulls. The January Nymex contract was up 3.6 cents to $2.428/MMBtu at around 8:30 a.m. ET, building on a 5.7-cent rally in the previous session. The U.S.…