Natural gas futures

Natural gas futures nudged higher in early trading Wednesday as the market continued to assess near-term heat and a shrinking storage surplus. The September Nymex contract was up 1.9 cents to $2.579/MMBtu at around 8:40 a.m. ET. Coming off a 7.2-cent slide for the front month in the previous session, technicals as of early Wednesday…

Natural gas futures retreated on Tuesday as traders brushed off a significant drop in production tied to pipeline maintenance. With rain and wind continuing to batter South Texas in the wake of Tropical Storm Harold and a parade of disturbances meandering across the Atlantic, the Nymex September gas futures contract fell 7.2 cents to $2.560/MMBtu.…

Natural gas futures were higher at the top of the week as searing heat blanketed much of the Lower 48, challenging record power loads and stressing grids. The September Nymex gas futures contract settled Monday at $2.632/MMBtu, up 8.1 cents from Friday’s settlement. October futures climbed 5.2 cents to $2.743. At A Glance: Tropical systems…

Following cooler model trends overnight, and with forecasts pointing to moderating weather-driven demand into late August, natural gas futures pulled back in early trading Tuesday. The September Nymex contract was off 5.5 cents to $2.577/MMBtu at around 8:40 a.m. ET. After hotter trends in midday runs on Monday, weather models reversed cooler overnight, according to…

U.S. natural gas exports to Mexico via pipeline averaged an all-time monthly high of 6.8 Bcf/d in June, the U.S. Energy Information Administration (EIA) said, citing data from Wood Mackenzie. The figure was up by about 100 MMcf/d versus the previous record set in June 2021, said EIA researchers led by Max Ober and Victoria…

Natural gas futures advanced early Monday as traders mulled extreme heat and tropical cyclone activity to start the week. Coming off a 7.0-cent slide on Friday, the September Nymex contract was up 5.3 cents to $2.604/MMBtu at around 8:45 a.m. ET. Prices could draw support from scorching temperatures to open the work week over the…

Amid a bearish-leaning week in the natural gas futures market as traders eyed moderating late-summer cooling demand into the end of the month, weekly physical prices gave up ground despite some strong heat regionally for the period. The NGI Weekly Spot Gas National Avg. for Aug. 15-21 delivery came in at $2.600/MMBtu, off 11.0 cents…

A lack of intimidating heat heading into late August undercut natural gas futures Friday, sending prices lower to cap off a largely bearish week of trading. Adding to a series of daily losses in recent sessions, the September Nymex contract dropped 7.0 cents to settle at $2.551/MMBtu. At A Glance: Back end of 15-day weather…

With widespread heat for next week expected to moderate into late August, natural gas futures sold off sharply in early trading Friday. The September Nymex contract was off 7.7 cents to $2.544/MMBtu at around 8:40 a.m. ET. Overnight forecast trends were mixed, with the American model adding double-digit degree days but the European dataset shifting…