NYMEX

Natural gas futures pulled back slightly in early trading Thursday as traders awaited the latest government inventory data, although analysts saw potential for an advance to the $4 mark in the near future. The August Nymex contract was off 2.9 cents to $3.930/MMBtu at around 8:50 a.m. ET. For the latest weekly Energy Information Administration…

Natural gas futures on Wednesday advanced for a fourth straight day, probing higher from the two-and-a-half-year highs reached earlier this week, with demand robust and anticipation high ahead of the federal government’s storage report Thursday. At A Glance: Forecasts call for extensive heat Production remains light Traders await EIA storage data The August Nymex contract…

Fueled by continued hotter trends in the latest forecast and supply concerns, natural gas futures extended their recent gains in early trading Wednesday. The August Nymex contract was up 4.7 cents to $3.923/MMBtu at around 8:50 a.m. ET. After settling sharply higher in Tuesday’s session, futures continued to climb overnight. Analysts at EBW Analytics Group…

Hotter trends in the overnight guidance helped send natural gas futures sharply higher in early trading Tuesday. As of 8:50 a.m. ET, the August Nymex contract was up 6.9 cents to $3.848/MMBtu. The American and European weather models trended hotter overnight for next week, adding 2-3 cooling degree days to the outlook, according to NatGasWeather.…

Natural gas futures rebounded early Wednesday, as liquefied natural gas (LNG) levels bounced back and reassured markets of robust export demand. Still, bearish tilts in domestic weather outlooks and estimates for a higher storage injection put downward pressure on futures in afternoon trading. At A Glance: LNG feed gas bounces back Weather outlooks shift cooler…

Despite forecasts showing July heat easing compared to previous expectations, natural gas futures advanced in early trading Wednesday as analysts continued to see tightness in the supply/demand balance. The August Nymex contract was up 3.0 cents to $3.726/MMBtu at around 8:50 a.m. ET. Natural gas prices were “jumpy” in early trading Wednesday, with the August…

Amid mixed changes to the weather outlook overnight, natural gas futures reversed lower in early trading Tuesday. After rallying 7.5 cents in the previous session, the August Nymex contract was down 2.9 cents to $3.720/MMBtu at around 8:50 a.m. ET. Overnight trends in the weather data were mixed, according to NatGasWeather. The major models added…

Bolstered by relatively strong cooling demand overall, natural gas futures shrugged off bearish trends in the weather outlook over the weekend to probe slightly higher in early trading Monday. The August Nymex contract was up 1.3 cents to $3.687/MMBtu at around 8:50 a.m. ET. The natural gas futures market faced mixed signals as of early…

As analysts continued to mull the balance implications of a government inventory report that surprised to the bullish side of market expectations, natural gas futures probed higher in early trading Friday. The August Nymex contract was up 3.2 cents to $3.720/MMBtu at around 8:50 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a…