Natural gas futures

Drawing support from a broadly warm outlook for July temperatures, natural gas futures pared their losses ahead of an adjusted Friday release of updated government inventory data.  Coming off a 4.8-cent sell-off in the previous session, the August Nymex contract was up 1.4 cents to $2.623/MMBtu at around 8:45 a.m. ET. Estimates ahead of the…

Natural gas futures extended their losses on Thursday as this week’s heatwave was set to begin subsiding, paving the way for a drop in cooling demand ahead of the weekend. The August Nymex contract settled 4.8 cents lower day/day at $2.609/MMBtu. Spot gas prices quickly reversed course, with widespread losses essentially undoing the prior day’s…

Amid signs of renewed production strength, and with seasonal to cooler-leaning summer temperatures expected over population centers in the Midwest and Northeast, natural gas forwards conceded ground during the June 29-July 5 trading period, NGI’s Forward Look data show. Natural gas fixed prices at benchmark Henry Hub shed 1.7 cents for the period to end…

Still groggy from the holiday, natural gas futures struggled to find direction on Wednesday. Amid a supportive backdrop of near-term heat and softening drilling activity, a host of bearish factors ultimately proved too much to overcome. The August Nymex gas futures contract settled 5.2 cents lower than Monday’s settlement at $2.657/MMBtu. Spot gas prices were…

Natural gas futures remained under pressure early Thursday as a mixed weather outlook and ongoing production strength figured to preserve a healthy storage cushion heading into the heart of summer. Coming off a 5.2-cent sell-off in the previous session, the August Nymex contract was off 0.4 cents to $2.653/MMBtu at around 8:35 a.m. ET. September…

Natural gas futures probed both sides of even early Wednesday as traders continued to contemplate an underwhelming July cooling demand outlook, set against a backdrop of ample storage inventories. The August Nymex contract was off 0.9 cents to $2.700/MMBtu as of around 8:45 a.m. ET. September was down 0.9 cents to $2.693. Ahead of the…

After a rough start, natural gas futures extended their gains on Friday as traders continued to digest the latest storage data, which showed further tightening in the important U.S. South Central region. The August Nymex gas futures contract touched a $2.634/MMBtu intraday low before buyers swept in to send the prompt month 9.7 cents higher…

Natural gas futures erased the previous session’s gains early Friday as traders continued to mull the balance implications of a bullish miss in the latest government inventory data. After climbing 3.3 cents on Thursday, the August Nymex contract was down 4.3 cents to $2.658/MMBtu at around 8:50 a.m. ET. The Energy Information Administration (EIA) on…

Natural gas futures recovered some ground Thursday following a bullish storage inventory report. In its debut at the front of the Nymex curve, the August futures contract brushed a slew of near-term bearish factors and climbed 3.3 cents to $2.701/MMBtu. Spot gas prices, meanwhile, continued to slide ahead of the long holiday weekend. NGI’s Spot…