Natural gas futures

With the market mulling evidence of continued oversupply conditions following the latest round of government inventory data, natural gas futures remained under pressure in early trading Friday. Coming off an 8.2-cent sell-off in the previous session, the March Nymex contract was down 3.6 cents to $2.353/MMBtu at around 8:45 a.m. ET. April was off 3.9…

Natural gas futures traded in a narrow range most of Thursday, ultimately closing in the red following a government inventory report that reminded of the demand weakness that permeated the U.S. market through early 2023. At A Glance: EIA prints 100 Bcf storage draw Production remains strong Demand outlook uncertain The March Nymex gas futures…

The prospect of late-month chills, particularly for western and northern portions of the Lower 48, helped rally natural gas forward prices at several regional hubs during the Feb. 9-15 trading period, NGI’s Forward Look data show. In the West, the perennially constrained SoCal Citygate led the surge higher, with March fixed prices swelling $1.178 week/week…

Freeport LNG came back online this week, but natural gas prices remained firmly below $3.00/MMBtu. On Thursday, the March New York Mercantile Exchange gas futures contract settled at $2.389, down 8.2 cents day/day. April shed 7.0 cents to $2.485. Attractive pricing hasn’t led to a bump in gas imports from Mexico buyers. U.S. pipeline imports…

Natural futures retreated midweek amid strong production and a mostly mild outlook for the remainder of the month. The March Nymex gas futures contract settled 9.6 cents lower at $2.471/MMBtu, and the April contract slipped 9.7 cents to $2.555. At A Glance: BREAKING: U.S. EIA reports 100 Bcf withdrawal Gas beating out coal for power…

The U.S. Energy Information Administration (EIA) posted a pull of 100 Bcf natural gas from storage for the week ended Feb. 10, coming in close to expectations but below historical averages. The pull kept inventories comfortably above five-year average levels at a time when winter heating demand has proven relatively weak and production strong. Output…

Natural futures retreated midweek amid strong production and a mostly mild outlook for the remainder of the month. The March Nymex gas futures contract settled 9.6 cents lower at $2.471/MMBtu, and the April contract slipped 9.7 cents to $2.555. At A Glance: Power burns strong Slowing surplus growth El Paso Line 2000 returns Spot gas…

Natural gas futures strengthened on Tuesday, driven in part by signs of life at the long-dormant Freeport LNG export terminal. The potential for another cold snap to arrive in the Lower 48 later this month also proved supportive, with the March Nymex gas futures contract settling 16.2 cents higher on the day at $2.567/MMBtu. April…

Natural gas futures eased lower in early trading Wednesday as the market continued to price in the impact of a colder late February pattern, though forecasts cast doubts on whether the chilly temperatures will extend into early March. The March Nymex contract was down 4.6 cents to $2.521/MMBtu at around 8:50 a.m. ET. Futures have…