natural gas storage

Natural gas futures hovered close to unchanged early Thursday as traders awaited updated government inventory data that was expected to reveal a weekly withdrawal in line with historical norms. The May Nymex contract was up 0.2 cents to $1.720/MMBtu as of 8:41 a.m. ET. June was trading at $1.957, up 0.4 cents. Predictions ahead of…

Nymex natural gas futures traded lower ahead of the April contract’s expiration at the close, pressured by a lack of demand and with a storage overhang expected to widen through the shoulder season. At A Glance: April futures expire 4.0 cents down May futures move into lead near unchanged Texas cash prices pull into the…

Natural gas futures retreated in early trading as signs of weaker LNG export volumes added to an already soft near-term fundamental outlook. Heading into its first day as the prompt month, the May Nymex contract was off 3.7 cents to $1.751/MMBtu as of 8:44 a.m. ET. The April contract rolled off the board Tuesday at…

April Nymex natural gas futures finished their penultimate session in the lead position in the red, with the weather expected to provide a modest bump in demand too late to substantially impact the robust supply. At A Glance: April futures slip 4.4 cents Storage remains an anchor Spot gas mixed by weather The prompt-month contract…

Continuing to struggle under the weight of excess supply exiting the heating season, natural gas futures fell in early trading Monday. The April Nymex contract, set to expire Tuesday, was off 3.5 cents to $1.624/MMBtu at around 8:40 a.m. ET. May was down 3.5 cents to $1.777. With weak physical prices at Henry Hub this…

Weekly natural gas cash prices were mixed during the week as some regions were supported by cold weather-driven demand, offset by widening storage surpluses and Freeport LNG’s plans to take two trains offline.   NGI’s Weekly Spot Gas National Avg. for the March 18-22 trading period gained 13.0 cents/MMBtu to $1.355. West Texas hub values mostly…

April Nymex natural gas futures extended losses into the week’s closing session as a storage glut and a trimming of demand pressured the contract. At A Glance: April futures down 2.4 cents Freeport outage worries Weather support brief The front-month contract settled 2.4 cents lower at $1.659/MMBtu. April futures traded as high as $1.712 and…

Natural gas futures were trading slightly lower through midday Friday as a sizable storage surplus continued to hang over the market, even as estimates suggest production volumes have pulled back. Here’s the latest: April Nymex contract off 2.1 cents to $1.662/MMBtu as of 2:14 p.m. ET Domestic production down day/day at 99.9 Bcf/d, LNG at…

Natural gas futures lost ground Thursday following the release of U.S. Energy Information Administration (EIA) storage data, which outlined a small injection into inventories for the week ended March 15. At A Glance: Futures shed 1.6 cents Storage up 7 Bcf Cash gains reversed April Nymex natural gas futures settled at $1.683/MMBtu, down 1.6 cents…