natural gas storage

Natural gas futures and cash prices slumped Wednesday as easing weather-driven demand expectations cooled a market leaning on late-summer heat to whittle away at a healthy supply cushion. At A Glance: Weather models cool for late August Storage surplus seen tightening West markets lead cash decreases Coast-to-coast cash losses saw NGI’s Spot Gas National Avg.…

Following cooler overnight forecast trends, and after failing to significantly gain ground in the previous session, natural gas futures retreated in early trading Tuesday. Coming off a 2.5-cent gain on Monday, the September Nymex contract was down 7.0 cents to $2.725/MMBtu as of 8:45 a.m. ET.  Both the American and European weather models shed a…

With bulls trying to capitalize on the momentum created by some strong performances in last week’s trading, natural gas futures advanced modestly higher early Monday. The September Nymex contract was up 1.2 cents to $2.782/MMBtu at around 8:50 a.m. ET. Natural gas futures will enter the new week attempting to “build on last week’s gains,”…

It was an explosive week in both the natural gas cash and futures markets, with pipeline maintenance and a surprise bearish inventory report fueling large price swings during the Aug. 7-11 trading period.  For cash prices, robust power burns amid extreme heat in California and Texas, along with softer production and curbed gas flows, led…

Natural gas futures treaded water on Friday as traders continued to digest the latest inventory data. With mostly moderate weather outside of California and Texas keeping demand in check, the September Nymex gas futures contract closed out the week at $2.770/MMBtu, up only seven-tenths of a cent on the day. At A Glance: Storage data…

An overall bullish week for natural gas markets saw regional forwards rally sharply from coast to coast during the Aug. 3-9 trading period, while a mix of strong demand and supply constraints helped drive outsized gains for the western Lower 48, NGI’s Forward Look data show. National benchmark Henry Hub set the pace for sizable…

In one fell swoop, September natural gas futures erased most of the 25-cent price increase they had amassed over the past three days after a bullish government inventory report. The prompt month Nymex gas futures contract settled Thursday at $2.763/MMBtu, down 19.6 cents day/day. Spot gas prices also softened, sending NGI’s Spot Gas National Avg.…

After see-sawing the previous two sessions, natural gas futures were flat in early trading Friday as traders continued to mull late-summer balances following the latest release of weekly government inventory data.  The September Nymex contract was up 0.1 cents to $2.764/MMBtu at around 8:30 a.m. ET. The front month plunged 19.6 cents on Thursday, with…

In one fell swoop, September natural gas futures erased most of the 25-cent price increase they had amassed over the past three days after a bullish government inventory report. The prompt month Nymex gas futures contract settled Thursday at $2.763/MMBtu, down 19.6 cents day/day. At A Glance: 29 Bcf injection surpasses estimates Surplus tightening still…