natural gas storage

Natural gas futures stage huge comeback as weather models get even colder EIA storage figure shows quickly evaporating storage surplus Most U.S. cash markets recover, but Northeast prices crumble Natural gas traders appeared to have a bit of sellers’ remorse on Thursday, quickly sending futures prices higher after an initial dip ahead of the latest…

As the latest round of weather data further increased heating demand expectations, showing intense cold on track to reach the Lower 48 over the next two weeks, natural gas futures surged higher in early trading Friday. The March Nymex contract was up 9.7 cents to $3.032/MMBtu at around 8:45 a.m. ET. As of early Friday…

The Energy Information Administration (EIA) reported an on-target 192 Bcf withdrawal from natural gas storage inventories for the week ending Jan. 29. However, the figure was enough to prompt a quick recovery in prices that had started to slip in the minutes leading up to the report. The March Nymex gas futures contract had been…

BREAKING: U.S. EIA reports an on-target 192 Bcf withdrawal from natural gas storage inventories for the week ending Jan. 29 Natural gas futures slip further as weather models pull back demand Cash starts to crumble outside of critical Northeast region Natural gas futures slid further on Wednesday as weather models backed off the upcoming winter…

Even as the latest forecasts continued to show impressively colder-than-normal temperatures reaching the Lower 48 over the next two weeks, natural gas futures traded stubbornly close to even early Thursday. The March Nymex contract was up 1.8 cents to $2.807/MMBtu at around 8:45 a.m. ET. After overnight runs from the major weather models the forecast…

Even as the latest weather models models maintained an intensely cold outlook for the first half of the month, natural gas futures remained largely unmoved in early trading Wednesday. The March Nymex contract was down 0.9 cents to $2.836/MMBtu at around 8:45 a.m. ET. The weather models added demand overnight compared to their midday runs…

With recent weather model runs flipping the script in dramatic fashion on a heretofore mild winter, natural gas futures continued rallying in early trading Tuesday. After roaring higher in Monday’s session, the March Nymex contract was up another 12.8 cents to $2.978/MMBtu at around 8:50 a.m. ET. The overnight American Global Forecast System (GFS) maintained…

Natural gas futures flip-flopped between gains and losses early on Friday, as traders weighed fluctuating weather forecasts against renewed strength in U.S. liquefied natural gas (LNG) volumes. Still, futures ultimately finished in the red as the cloud of a bearish storage report from a day earlier — and the light winter heating demand it reflected…

A key weather model pointed to lighter heating demand EIA reported a withdrawal of 128 Bcf from natural gas storage The print was below the midpoint of analysts’ estimates Natural gas futures faltered Thursday following a bearish storage report and a key weather model pointing to lighter heating demand than previously expected, ending a rally.…