natural gas storage

Another producer curtailment, coupled with more supportive temperatures into the back half of March, saw natural gas futures pare their recent losses in early trading Tuesday. After falling 4.6 cents in the previous session, the April Nymex contract had gained back 3.4 cents to trade at $1.794/MMBtu as of 8:38 a.m. ET. The early gains…

Forecasts flashing cooler weather arriving into the second half of March failed to impress natural gas futures traders early Monday as prices eased lower. The April Nymex contract was down 2.4 cents to $1.781/MMBtu as of 8:47 a.m. ET. A number of near-term factors threatened downward pressure on prices as of early Monday, EBW Analytics…

Weekly natural gas cash prices rose in the week as production cuts played catch-up with winter’s early demise in an attempt to balance markets and slow growing storage surpluses. NGI’s Weekly Spot Gas National Avg. for the March 4-8 trading period rose 3.0 cents/MMBtu to $1.470.  Bucking the trend higher, West Texas spot prices fell…

Natural gas futures floundered for a third day, closing down modestly Friday as mild March weather and growing storage surpluses kept bulls on the back foot. At A Glance: Nymex front-month falls for third day March forecasts point to cooldown Surpluses could grow to 650-700 Bcf The April Nymex contract settled at $1.805/MMBtu, down 1.3…

Natural gas futures slightly lower through midday trading as underwhelming weather limiting upside April Nymex contract down 1.1 cents to $1.807/MMBtu as of 2:30 p.m. ET; May off 2.7 cents to $1.925 U.S. down four natural gas rigs, including three in Haynesville Shale, per latest Baker Hughes Co. count Production totaling 101.5 Bcf/d for Friday,…

Natural gas futures traded lower Thursday after a meager storage result confirmed seasonally weak demand but no upside surprises for recent production cuts. The April Nymex gas futures contract settled at $1.818/MMBtu, down 11.1 cents day/day. NGI’s Spot Gas National Avg. fell 10.0 cents to $1.470 as prices fell across most regions. The warmest U.S.…

As updated forecasts weakened a cooler shift for the eastern Lower 48 expected to bring more seasonal weather-driven demand later this month, natural gas futures extended their losses in early trading Friday. After shedding 11.0 cents in the previous session, the April Nymex contract was down another 5.1 cents to $1.767/MMBtu at around 8:40 a.m.…

North American natural gas prices got a bump earlier in the week when top U.S. producer EQT Corp. announced it was curtailing output, but the rally was short-lived. On Thursday, the New York Mercantile Exchange contract for April settled at $1.818/MMBtu, down 11.1 cents day/day. Mexico pipeline imports of natural gas for the 10-day period…

The U.S. Energy Information Administration (EIA) on Thursday reported a natural gas withdrawal from storage of 40 Bcf for the week ended March 1, which was near expectations,  sending natural gas futures prices lower. Ahead of the 10:30 a.m. ET government report, February Nymex futures were trading 2.3 cents lower day/day at $1.906/MMBtu. After the…