natural gas prices

Following four daily gains on the back of lighter production and forecasts for mounting demand, natural gas futures stalled early on Thursday, held in check by a triple-digit storage injection that reminded the market remains long on supplies. Still, traders eventually looked past the government data and toward looming summer cooling demand, lifting the prompt…

May was a record month for trading Dutch Title Transfer Facility (TTF) futures and options on the Intercontinental Exchange as the European natural gas market remains unpredictable and participants continue to try to manage price risk exposure.  ICE said 5.7 million TTF futures and options traded during May. Liquidity in the European benchmark has grown…

Natural gas futures were down sharply in early trading Friday as overnight forecasts cooled the outlook for mid-June temperatures. The July Nymex contract was down 7.2 cents to $2.280/MMBtu at around 8:40 a.m. ET. Weather models trended cooler overnight, particularly for the June 15-17 period, according to NatGasWeather. The American model dropped a “hefty” 11…

As traders weighed a series of potential surplus-padding storage injections against the prospect of tighter balances ahead on hotter temperatures later this month, natural gas futures climbed modestly early Thursday. The July Nymex contract was up 3.3 cents to $2.362/MMBtu at around 8:40 a.m. ET. Estimates ahead of the latest weekly Energy Information Administration (EIA)…

Natural gas futures rallied for a fourth straight session on Wednesday, supported by waning production and forecasts for intensifying heat in the second half of this month. The July Nymex gas futures contract gained 6.7 cents day/day and closed at $2.329/MMBtu. August rose 5.2 cents to $2.433. At A Glance: Market sees triple-digit injection Projects…

As traders continued to eye a strengthening cooling demand outlook heading into the second half of June, natural gas futures extended their recent gains in early trading Wednesday. Building on positive finishes in the previous three sessions, the July Nymex contract was up another 6.0 cents to $2.322/MMBtu at around 8:45 a.m. ET. The market…

Natural gas futures rallied on Monday as production slipped, expectations for strong cooling demand increased and a cut to global oil supplies created potential support for LNG prices. Coming off a 1.4-cent gain Friday, the July Nymex gas futures contract gained 7.3 cents day/day and settled at $2.245/MMBtu to start the new trading week. August…

As cooler overnight forecast trends sapped the momentum from an early-week rally, natural gas futures were down in morning trading Tuesday. After rallying 7.3 cents in the previous session, the July Nymex contract was off 5.9 cents to $2.186/MMBtu at around 8:40 a.m. ET. After trending hotter over the weekend, weather models reversed cooler overnight,…

With weather models trending hotter over the weekend to strengthen the cooling demand outlook for the second half of June, natural gas futures surged in early trading Monday. The July Nymex contract was up 12.6 cents to $2.298/MMBtu at around 8:40 a.m. ET. Lackluster cooling demand to open the month has left the market impatient…