natural gas storage

Natural gas futures sailed higher on Monday, rallying for a third straight session ahead of prompt month expiration and amid a potential global energy supply crunch. The October Nymex contract spiked 56.6 cents day/day and settled at $5.706/MMBtu. October rolls off the board as the prompt month at the close of trading Tuesday. November jumped…

Looming front-month expiration helped spark a massive surge in natural gas futures prices in early trading Monday. The expiring October Nymex contract was up 32.4 cents to $5.464/MMBtu at around 8:50 a.m. ET; November was up 32.8 cents to $5.528. At A Glance: Futures surge a second straight day Global supply challenges are in focus…

Looming front-month expiration helped spark a massive surge in natural gas futures prices in early trading Monday. The expiring October Nymex contract was up 32.4 cents to $5.464/MMBtu at around 8:50 a.m. ET; November was up 32.8 cents to $5.528. Higher prices at European benchmarks and the impending expiration of the October contract appeared to…

Weekly natural gas cash prices gave up ground amid mild temperatures and light cooling demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the Sept. 20-24 period dropped 55.0 cents to $4.770. Temperatures moderated throughout the Midwest, East and parts of the western United States during the week, leaving comfortable…

Natural gas futures rallied for a second day on Friday as the potential for supply constraints outweighed mild autumn weather and modest near-term domestic demand. Impending front-month expiration also factored in, analysts said. At A Glance: Futures surge a second straight day Domestic weather demand tapers Global supply challenges in focus The October Nymex contract…

Natural gas futures rebounded with vigor on Thursday, propelled by domestic and global supply challenges as the peak winter demand season looms. At A Glance: Futures spiked 17.1 cents EIA prints 76 Bcf storage injection Cash prices claw back into the green The October Nymex contract shot up 17.1 cents day/day and settled at $4.976/MMBtu.…

Natural gas futures continued to rebound early Friday as the market contemplated lean stockpiles heading into winter, as well as the looming front-month expiration. The October Nymex contract was up 9.7 cents to $5.073/MMBtu at around 8:50 a.m. ET. November was trading 10.2 cents higher at $5.145. The U.S. Energy Information Administration (EIA) on Thursday…

This week saw an ebbing in the price surges of the past month, but Mexican buyers of natural gas are gearing up for a potentially precarious winter season. “This winter is gonna be very different from previous years for sure, as we haven’t had this tight of a market in a very long time,” Refinitiv…

Natural gas futures on Wednesday snapped a four-day losing streak, though barely, after trading in a narrow range most of the session. Rebounding liquified natural gas (LNG) export volumes offset domestic demand forecasts that held in bearish territory. At A Glance: BREAKING: Utilities injected 76 Bcf natural gas into underground storage for the week ended…