natural gas prices

Natural Gas Futures ‘Reinvigorated’ by Weekend Cold Shift as Prices Soar Early

Natural Gas Futures ‘Reinvigorated’ by Weekend Cold Shift as Prices Soar Early

A major colder shift from weather models over the weekend had natural gas futures soaring in early trading Monday, though forecasters wondered about the durability of the pattern change. The November Nymex contract was up 35.7 cents to $5.637/MMBtu at around 8:50 a.m. ET. Compared to Friday’s expectations, the latest model runs advertised a “material…

October 25, 2021
Natural Gas Bulls Power Forward Amid Colder Forecast Tilt, Drive November Futures Higher

Natural Gas Bulls Power Forward Amid Colder Forecast Tilt, Drive November Futures Higher

Natural gas futures forged higher on Friday as forecasts suggested mild fall weather and its dampening effect on demand could shift colder next month. The November Nymex contract settled at $5.280/MMBtu, up 16.5 cents day/day. December gained 11.5 cents to $5.461. At A Glance: Forecasts point to stronger demand Storage supplies mount through autumn Cash…

October 22, 2021
Natural Gas Futures Slide on Looser EIA Storage Data; Cash Climbs Again on Approaching Storms

Natural Gas Futures Slide on Looser EIA Storage Data; Cash Climbs Again on Approaching Storms

A steadily improving U.S. supply picture sealed the move lower for natural gas futures on Thursday. The November Nymex gas futures, already down early in the session, slid further after the latest government inventory report and settled at $5.115/MMBtu, off 5.5 cents from Wednesday’s close. December slid a steeper 10.1 cents to $5.346. At A…

October 22, 2021
Volatile Natural Gas Markets Forecast for 18 Months or Longer, Along with More U.S. LNG Export Projects

Volatile Natural Gas Markets Forecast for 18 Months or Longer, Along with More U.S. LNG Export Projects

The U.S. natural gas markets are going to see big swings for at least the next year and a half, with production volumes exiting this year at about the same rate as when the year began, according to an IHS Markit expert. IHS Markit’s Jack Weixel, senior director of the Gas, Power and Energy Futures…

October 22, 2021
Models Seen Teasing Increased Chance for November Chills as Natural Gas Futures Rally

Models Seen Teasing Increased Chance for November Chills as Natural Gas Futures Rally

With updated weather models seen teasing the possibility of colder temperatures developing next month, natural gas futures rallied sharply early Friday. The November Nymex contract was up 14.8 cents to $5.263/MMBtu as of around 8:50 a.m. ET. The latest model runs as of early Friday showed a setup that could increase the chances for more…

October 22, 2021
Natural Gas Prices Moderating on Mild Weather, Improving Supply — Mexico Spotlight

Natural Gas Prices Moderating on Mild Weather, Improving Supply — Mexico Spotlight

North American natural gas prices moderated this week as temperatures remained warm and storage inventories continued to grow. NGI natural gas prices at Monterrey and Los Ramones near the border with Texas dropped below $5.00/MMBtu for the first time in over a month. U.S. futures prices for November and December delivery also dipped in this…

October 21, 2021
Natural Gas Futures Up Again After Late Rally; Chilly Blasts Boost Cash

Natural Gas Futures Up Again After Late Rally; Chilly Blasts Boost Cash

After trading sideways for the better part of Wednesday’s session, natural gas futures surged in the last half hour as the tight global supply backdrop provided bulls the justification for another rally. The November Nymex gas futures contract settled at $5.170/MMBtu, up 8.2 cents on the day. December edged up 9.7 cents to $5.447. At…

October 21, 2021
Natural Gas Futures Slide Ahead of EIA Print as Another Above-Average Build Expected

Natural Gas Futures Slide Ahead of EIA Print as Another Above-Average Build Expected

Natural gas futures pulled back early Thursday as traders prepared to digest the latest round of government inventory data, expected to show a sixth straight higher-than-average injection into Lower 48 stocks. The November Nymex contract was off 10.8 cents to $5.062/MMBtu at around 8:45 a.m. ET. Surveys ahead of the latest U.S. Energy Information Administration…

October 21, 2021
Natural Gas Futures Rebound on Lower Production; Cash Weakness Continues

Natural Gas Futures Rebound on Lower Production; Cash Weakness Continues

Coming off a steep decline over the past two trading sessions, natural gas futures attempted to regain some footing on Tuesday. A sharp drop in production aided the rebound, lifting the November Nymex gas futures contract by 9.9 cents to $5.088/MMBtu. December settled at $5.350, up 11.4 cents on the day. Spot gas prices, however,…

October 20, 2021
Lower 48 Pattern ‘Quite Hostile’ to Cold Air as Natural Gas Futures Back Under $5 Early

Lower 48 Pattern ‘Quite Hostile’ to Cold Air as Natural Gas Futures Back Under $5 Early

Continued bearishness in the weather-driven demand outlook saw natural gas futures reverse lower in early trading Wednesday. After rallying 9.9 cents in the previous session, the November Nymex contract was back under the $5 mark at around 8:45 a.m. ET, down 11.3 cents to $4.975/MMBtu. Prices in Tuesday’s session were able to “bounce higher…off a…

October 20, 2021
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