natural gas prices

Natural Gas Futures Slightly Lower Early Amid Model Disagreement on Early August Temps

Natural Gas Futures Slightly Lower Early Amid Model Disagreement on Early August Temps

Mixed trends in the weather outlook overnight had natural gas futures easing lower in early trading Friday. The August Nymex contract was down a penny to $3.993/MMBtu as of 8:50 a.m. ET. The American and European weather models trended in opposite directions overnight for the first week of August, with the American dataset adding to…

July 23, 2021
Natural Gas Futures Ease Lower Ahead of EIA Report; Potential Test of $4 Predicted

Natural Gas Futures Ease Lower Ahead of EIA Report; Potential Test of $4 Predicted

Natural gas futures pulled back slightly in early trading Thursday as traders awaited the latest government inventory data, although analysts saw potential for an advance to the $4 mark in the near future. The August Nymex contract was off 2.9 cents to $3.930/MMBtu at around 8:50 a.m. ET. For the latest weekly Energy Information Administration…

July 22, 2021
Natural Gas Futures Continue ‘Unstoppable’ Rally as Forecasts Extend Hotter Trends

Natural Gas Futures Continue ‘Unstoppable’ Rally as Forecasts Extend Hotter Trends

Fueled by continued hotter trends in the latest forecast and supply concerns, natural gas futures extended their recent gains in early trading Wednesday. The August Nymex contract was up 4.7 cents to $3.923/MMBtu at around 8:50 a.m. ET. After settling sharply higher in Tuesday’s session, futures continued to climb overnight. Analysts at EBW Analytics Group…

July 21, 2021
August Natural Gas Futures, Cash Prices Cruise Higher

August Natural Gas Futures, Cash Prices Cruise Higher

Natural gas futures on Monday cruised higher for a second consecutive session as forecasts pointed to stronger weather-driven demand over the back half of July. The August Nymex contract advanced 10.5 cents day/day and settled at $3.779/MMBtu. The prompt month had gained 6.0 cents on Friday to close out trading last week. The September contract…

July 20, 2021
Overnight Guidance Trends Hotter as Natural Gas Futures Jump Higher Early

Overnight Guidance Trends Hotter as Natural Gas Futures Jump Higher Early

Hotter trends in the overnight guidance helped send natural gas futures sharply higher in early trading Tuesday. As of 8:50 a.m. ET, the August Nymex contract was up 6.9 cents to $3.848/MMBtu. The American and European weather models trended hotter overnight for next week, adding 2-3 cooling degree days to the outlook, according to NatGasWeather.…

July 20, 2021
Natural Gas Futures Find Footing As Supply Looks Light

Natural Gas Futures Find Footing As Supply Looks Light

Natural gas futures rebounded on Friday, following three straight daily losses, as traders mulled the potential for paltry levels of stockpiles ahead of the withdrawal season later this year. The August Nymex contract gained 6.0 cents day/day and settled at $3.674/MMBtu. September advanced 5.7 cents to $3.658. NGI’s Spot Gas National Avg., however, fell 13.5…

July 19, 2021
Natural Gas Futures Rally on Weekend Forecast Shift; ‘Formidable’ Resistance Seen at $3.81-3.82

Natural Gas Futures Rally on Weekend Forecast Shift; ‘Formidable’ Resistance Seen at $3.81-3.82

A hotter shift in forecasts over the weekend helped spark a rally for natural gas futures in early trading Monday. The August Nymex contract was up 7.9 cents to $3.753/MMBtu at around 8:50 a.m. ET. Forecasts increased demand expectations over the weekend by showing hotter temperatures to close out the month of July, according to…

July 19, 2021
Natural Gas Futures Probe Higher Early as Traders Shrug Off More Cooler Weather Trends

Natural Gas Futures Probe Higher Early as Traders Shrug Off More Cooler Weather Trends

Natural gas futures probed higher early Friday as analysts pointed to tightness in the supply/demand balance following the latest round of government inventory data. The August Nymex contract was up 4.7 cents to $3.661/MMBtu at around 8:50 a.m. ET. The Energy Information Administration (EIA) on Thursday reported an injection of 55 Bcf into U.S. natural…

July 16, 2021
Mexico Natural Gas Market Spotlight: Sur de Texas-Tuxpan Pipeline Poised to Become Main Import Option

Mexico Natural Gas Market Spotlight: Sur de Texas-Tuxpan Pipeline Poised to Become Main Import Option

The dynamics of the nascent Mexican natural gas market are shifting once again with the 2.6 Bcf/d Sur de Texas-Tuxpan marine pipeline on the cusp of becoming the main source of supply into Mexico. On July 13, the marine pipeline transported 1.339 Bcf into Mexico’s southeast, slightly below the 1.439 Bcf seen on the Ramones…

July 15, 2021
Natural Gas Futures Fall Back As July Cooling Demand Eases

Natural Gas Futures Fall Back As July Cooling Demand Eases

Natural gas futures rebounded early Wednesday, as liquefied natural gas (LNG) levels bounced back and reassured markets of robust export demand. Still, bearish tilts in domestic weather outlooks and estimates for a higher storage injection put downward pressure on futures in afternoon trading. The August Nymex contract ultimately fell 3.6 cents day/day and settled at…

July 15, 2021
‹ Previous 1 2 3 983