nymex settlement

In one of the most explosive sessions in recent weeks – and that’s saying a lot – natural gas futures rocketed higher Monday as production struggles to gain momentum and heat is starting to intensify ahead of what’s expected to be a hot summer. The July Nymex gas futures contract jumped 79.9 cents to $9.322/MMBtu.…

With warnings of higher prices still to come, natural gas forward prices mounted hefty gains for the trading period ending May 25, with prices nearing $9.00/MMBtu across much of the country and cresting $10.00 in California, according to NGI’s Forward Look. June fixed prices averaged 65.0 cents higher on the week, while the balance of…

Natural gas futures on Wednesday soared past $9.000/MMBtu for the first time since 2008 amid worries that fragile supplies may prove inadequate to meet summer cooling demand and robust calls for U.S. exports. At A Glance: Futures fly ahead of June’s expiry LNG export demand intensifies Spring production struggles fester Traders through most of the…

Natural gas forwards rallied throughout the trading period ending May 18 as early-season heating demand, rising exports and production declines stoked supply concerns. June fixed prices jumped an average 64.0 cents, as did the balance of summer (June-October), according to NGI’s Forward Look. The winter 2022-2023 package (November-March) bounced an impressive 58.0 cents on average…

Natural gas futures see-sawed in a narrow range of gains and losses through much of trading Wednesday, but the prompt month ultimately climbed for a third consecutive day as demand looked to outstrip supply. At A Glance: Maintenance further curbs output LNG volumes muster momentum Hot weather drives steady demand The June Nymex gas futures…

Natural gas futures rallied a fourth consecutive day – and for a seventh time in eight sessions – as both domestic and global supply concerns intensified while signs of robust summer demand accumulated. The June Nymex gas futures contract spiked 46.1 cents day/day and settled at $8.415/MMBtu. July rose 44.7 cents to $8.472. At A…

As the relentless march higher for natural gas prices finally began to show signs of slowing down, forwards prices recorded discounts throughout the Lower 48 during the April 14-20 trading period, NGI’s Forward Look data show. Fixed prices for May delivery at benchmark Henry Hub eased 6.0 cents lower to end the period a hair…

Natural gas futures continued to retreat sharply midweek in yet another display of the market being largely disengaged from fundamentals. After bouncing back to a $7.410 intraday high, the May Nymex gas futures contract settled Wednesday at $6.937/MMBtu, down 23.9 cents from Tuesday’s close. June futures slid 21.2 cents to $7.065. At A Glance: Talk…

Natural gas futures soared above $8.000/MMBtu in an explosive start to the work week. Fueled by stronger weather-led demand gains, recovering liquefied natural gas (LNG) feed gas deliveries and storage adequacy concerns, the May Nymex gas futures contract settled at $7.820, up 52.0 cents from Thursday’s close. June futures climbed 53.5 cents to $7.958. At…