Natural

After a bull run last week, North American natural gas futures floundered this week. The November New York Mercantile Exchange gas futures contract on Thursday sank for the seventh straight session to settle at $2.957/MMBtu, down 9.9 cents day/day. Mild weather and ample U.S. natural gas supplies helped spur the downward pressure. Mexico imports from…

North American natural gas futures have enjoyed a positive week, with October rolling off the board on Wednesday at $2.674/MMBtu after four consecutive days of gains. On Thursday, the New York Mercantile Exchange gas futures contract for November on its first day as prompt month settled at $2.942, up 4.3 cents. Healthy LNG demand at…

Natural gas futures clawed out a slim gain on Thursday after a government inventory report exceeded expectations and left supplies in storage at a hefty surplus to historic averages. Following a 10.5-cent rally in the prior session, the July Nymex gas futures contract on Thursday added a 1.1-cent day/day gain and settled at $2.608/MMBtu. August…

Natural gas futures fizzled on Monday, giving up ground as forecasts pointed to mild May weather and as production held at stout levels. The June Nymex gas futures contract settled at $2.318/MMBtu, down 9.2 cents day/day. The prompt month had gained 5.5 cents on Friday. The July contract on Monday shed 8.0 cents to $2.498.…

Natural gas futures climbed for a third day, with seasonal buying, growing confidence in a chillier late-April and softer production all in play. The May Nymex gas futures contract settled Tuesday at $2.366/MMBtu, up 9.1 cents on the day. June futures rose 7.3 cents to $2.517. Spot gas prices shifted in both directions as production…

North American natural gas futures continued to limp along and were barely above $2.00/MMBtu on Thursday with warm weather keeping demand in check. The May New York Mercantile exchange gas futures contract shed 14.4 cents day/day on Thursday and settled at $2.011. June lost 14.3 cents to $2.238. There are potentially some signs that favor…

North American natural gas futures ended a two-day losing streak on Thursday. The April New York Mercantile Exchange natural gas futures contract gained 7.5 cents day/day and settled at $2.514/MMBtu. May advanced 8.0 cents on the day to $2.626. NatGasWeather analysts said, “It’s been difficult to pinpoint the primary drivers of prices this week with…

North American natural gas trading has been hijacked by bears, with prices moving lower this week on the back of a healthy supply and storage outlook. The New York Mercantile Exchange (Nymex) futures contract for March is hovering around $2.500/MMBtu, its lowest point in almost two years. Last Friday (Jan. 27), the February Nymex natural…

Natural gas futures found fresh footing in positive territory Wednesday, marking the first gain of 2023, amid estimates for a massive storage withdrawal report. At A Glance: BREAKING: U.S. EIA reports bearish 213 Bcf withdrawal from storage for week ending Dec. 30 Warm weather ahead Outlook shows fading heating demand After dropping 48.7 cents in…