Natural gas futures

Building on the momentum from a double-digit rally to start the week, natural gas futures were trading slightly higher early Tuesday as the market continued to assess the potential for strengthening fundamentals moving forward. Coming off a 16.1-cent rally in the previous session, the May Nymex contract was up 2.5 cents to $2.197/MMBtu at around…

Natural gas futures probed modestly higher in early trading Monday following colder adjustments to forecasts over the weekend, though analysts continued to see signs of underlying looseness in the supply/demand balance. The May Nymex contract was up 9.3 cents to $2.104/MMBtu at around 8:45 a.m. ET. Weather models trended somewhat cooler over the weekend, with…

Utilities withdrew 23 Bcf of natural gas from storage for the week ended March 31, the U.S. Energy Information Administration (EIA) reported Thursday. The result was essentially on par with market expectations, leaving Nymex natural gas futures to drift lower. At A Glance: BREAKING: U.S. EIA reports 23 Bcf withdrawal from stocks Production slowed by…

Natural gas futures were trading just shy of even early Thursday as mild April forecasts and a healthy storage cushion exiting the winter heating season kept the pressure on prices. The May Nymex contract was off 1.6 cents to $2.139/MMBtu at around 8:40 a.m. ET. The $2.197 high for May natural gas in Wednesday’s session…

Natural gas futures crept higher Tuesday amid estimates that showed sliding production and strengthening LNG exports. But an increasingly bearish weather outlook kept gains in check. The May Nymex gas contract on Tuesday eked out a gain of nine-tenths of a cent day/day and settled at $2.106/MMBtu. June rose 1.1 cents and closed at $2.344.…

Continued signs of maintenance-related production declines provided support for natural gas futures as prices probed higher in early trading Wednesday. At around 8:40 a.m. ET, the May Nymex contract was up 6.2 cents to $2.168/MMBtu. Northeast production volumes continued to show impacts from a slew of springtime pipeline maintenance events in the region, Wood Mackenzie…

Natural gas futures crept higher Tuesday amid estimates that showed sliding production and strengthening LNG exports. But an increasingly bearish weather outlook kept gains in check. The May Nymex gas contract on Tuesday eked out a gain of nine-tenths of a cent day/day and settled at $2.106/MMBtu. June rose 1.1 cents and closed at $2.344.…

Natural gas futures fell Monday, kicking off the new month much in the way 2023 has gone so far – under pressure from strong production, modest weather-driven demand and stout storage supplies. At A Glance: Prompt month sheds 11.9 cents April weather to weaken demand Production robust The May Nymex gas futures contract settled at…

Evidence of a production dip amid springtime pipeline maintenance helped natural gas futures claw back a few pennies in early trading Tuesday.  Coming off an 11.9-cent slide in Monday’s session, the May Nymex contract was up 3.0 cents to $2.127/MMBtu at around 8:40 a.m. ET. The temperature outlook for April “continues to hemorrhage demand” for…