Natural gas futures

Natural gas futures found fresh footing Monday, posting double-digit gains as forecasts pointed to seasonally strong heating demand that more than offset losses late last week. The April Nymex gas futures contract settled at $2.606/MMBtu, up 17.6 cents day/day. It had shed 11.3 cents on Friday. May climbed 16.7 cents on Monday to $2.726. At…

Natural gas futures ended the week lower, with traders left uninspired by the arrival of chilly weather in the coming days across the Lower 48. With recent government inventory data pointing to continued looseness in supply/demand balances, the April Nymex gas futures contract settled Friday at $2.430/MMBtu, off 11.3 cents on the day. At A…

After early gains on Thursday, natural gas futures lost momentum following the latest government inventory data that confirmed supply/demand balances remain too loose. The April Nymex gas futures contract settled at $2.543/MMBtu, off eight-tenths of a cent on the day. May futures slid 3.0 cents to $2.683. Spot gas prices were mostly lower, with the…

After early gains on Thursday, natural gas futures lost momentum following the latest government inventory data that confirmed supply/demand balances remain too loose. The April Nymex gas futures contract settled at $2.543/MMBtu, off eight-tenths of a cent on the day. May futures slid 3.0 cents to $2.683. Spot gas prices were mostly lower, with the…

North American natural gas can’t find any momentum. On Thursday, the April New York Mercantile Exchange gas futures contract settled at $2.543/MMBtu, off eight-tenths of a cent on the day. May futures slid 3.0 cents to $2.683. Analysts at NatGasWeather said Thursday afternoon that “with prices back to testing lows of the week this morning,…

The Energy Information Administration (EIA) reported an 84 Bcf withdrawal from natural gas storage inventories for the week ending March 3, falling well within the range of expectations. With no major surprises in the data, Nymex futures traders struggled to maintain modest early gains at the front of the curve. The April contract, up about…

Natural gas futures failed to sustain the prior day’s gains, instead sliding ahead of what’s expected to be another smaller-than-normal storage withdrawal in the upcoming government inventory report. The April Nymex gas futures contract settled Wednesday at $2.551/MMBtu, off 13.6 cents from Tuesday’s close. May futures shed 12.7 cents to reach $2.713. At A Glance:…

Natural gas futures recovered a bit on Tuesday as some heating demand was added back to the 15-day forecast. With some technical support also in play, the April Nymex gas futures contract settled at $2.687/MMBtu, up 11.5 cents on the day. May futures climbed 11.0 cents to $2.840. At A Glance: Is cold coming or…

Natural gas futures plummeted on Monday as weekend weather models shed a huge amount of demand from the 15-day outlook. Though LNG demand hit a fresh high amid a key export facility’s return of operations, the April Nymex contract settled 43.7 cents lower at $2.572/MMBtu. May futures dropped 41.1 cents to $2.730. Spot natural gas…