Natural gas futures

In a display of technical trading at work, natural gas futures spent the majority of Tuesday’s trading session firmly in the red before a late rally sent the April Nymex gas futures contract 1.6 cents higher day/day to $2.747/MMBtu. May futures tacked on a penny to $2.863. At A Glance: Will it be cold in…

In a display of technical trading at work, natural gas futures spent the majority of Tuesday’s trading session firmly in the red before a late rally sent the April Nymex gas futures contract 1.6 cents higher day/day to $2.747/MMBtu. May futures tacked on a penny to $2.863. Spot gas traded mostly sideways across the country,…

Natural gas futures extended their gains on Monday as weather models continued to show cold over much of the Lower 48 for early to mid-March and Freeport LNG stayed on its path toward full operations. With some nascent technical momentum also in play, the newly prompt April Nymex natural gas contract settled at $2.731/MMBtu, up…

Natural gas futures prices ended the week on firmer ground as a chillier March outlook and the continued ramp of a key export facility supported the market. The March Nymex gas futures contract expired Friday at $2.451/MMBtu, up 13.7 cents from Thursday’s close. The April contract – which moves to the front of the curve…

A dichotomy of steep gains for the West and hefty losses everywhere else played out in natural gas forwards markets during the Feb. 16-22 trading period, NGI’s Forward Look data show. This dynamic largely reflected the latest weather maps from Maxar’s Weather Desk, which showed shades of blue colder-than-normal temperature deviations blanketing much of the…

Natural gas futures advanced for a second straight session Thursday as traders looked beyond another light winter storage withdrawal to the prospect of incrementally tighter balances heading into the spring.  Physical natural gas prices, meanwhile, surged in the West and the Northeast on near-term wintry conditions. NGI’s Spot Gas National Average jumped $1.900 to finish…

U.S. natural gas futures for March delivery tested $2.00/MMBtu this week as the North American market continued to be flush with supplies. On Thursday, the March New York Mercantile Exchange futures contract rallied 14.0 cents to settle at $2.314, adding to a 10.1-cent rally in the day-earlier period. The meager gains came after Freeport LNG…

Natural gas futures strengthened midweek as the ramp-up of full operations at a key export facility combined with the potential for March cold to support the market. With technical trading likely aiding the rally, the March Nymex gas futures contract settled Wednesday at $2.174/MMBtu, up 10.1 cents on the day. April futures climbed 12.1 cents…

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 71 Bcf natural gas from storage for the week ended Feb. 17. The result was slightly stronger than expectations but weak relative to historical averages, leaving Nymex natural gas futures trading sideways. Production has held strong and steady around 100 Bcf/d so far…