NYMEX

Natural Gas Futures Steady Early as Gulf Coast Braces for Zeta Landfall

Natural Gas Futures Steady Early as Gulf Coast Braces for Zeta Landfall

As the Gulf Coast braced for the imminent arrival of Hurricane Zeta, and as traders mulled a mixed temperature outlook, natural gas futures hovered close to even early Wednesday. The expiring November Nymex contract was up 1.1 cents to $3.030/MMBtu at around 8:40 a.m. ET; December was off 1.1 cents to $3.300. Zeta had reached…

October 28, 2020
Natural Gas Steady as Zeta Approaches GOM, Overnight Weather Data Mixed

Natural Gas Steady as Zeta Approaches GOM, Overnight Weather Data Mixed

Natural gas futures were trading close to even early Tuesday as overnight weather trends were mixed and a tropical cyclone approaching the Gulf of Mexico (GOM) prompted further production declines. The November Nymex contract was trading 0.4 cents lower at $3.020/MMBtu at around 8:45 a.m. ET. December was down 1.8 cents to $3.235. Tropical Storm…

October 27, 2020
Zeta Latest Storm to Target Gulf Coast as Natural Gas Futures Called Higher

Zeta Latest Storm to Target Gulf Coast as Natural Gas Futures Called Higher

Amid colder weekend weather trends and production impacts from another tropical cyclone tracking toward the Gulf of Mexico, natural gas futures gained in early trading Monday. The November Nymex contract was up 3.5 cents to $3.006/MMBtu at around 8:45 a.m. ET. An already active hurricane season for the Gulf Coast could soon get even worse,…

October 26, 2020
Weather Outlook Sheds Heating Demand as Natural Gas Futures Slide Early

Weather Outlook Sheds Heating Demand as Natural Gas Futures Slide Early

A milder shift in the latest forecasts saw natural gas futures give back some of their recent gains in early trading Friday. After cresting the $3/MMBtu mark earlier in the week, the November Nymex contract was down 3.5 cents to $2.972/MMBtu at around 8:45 a.m. ET. In the overnight weather data, the European model removed…

October 23, 2020
November Natural Gas Called Slightly Lower as Traders Await Inventory Data

November Natural Gas Called Slightly Lower as Traders Await Inventory Data

After punching through the $3/MMBtu barrier in the previous session, natural gas futures held relatively steady in early trading Thursday as the market awaited the latest round of government inventory data. The November Nymex contract was off 2.1 cents to $3.002 at around 8:40 a.m. ET. The November contract settled at $3.023 Wednesday, marking the…

October 22, 2020
Natural Gas Futures Rally Above $3 Early on Colder Trends, ‘Increasingly Bullish’ Balances

Natural Gas Futures Rally Above $3 Early on Colder Trends, ‘Increasingly Bullish’ Balances

A cooler shift in the weather outlook overnight, coupled with indications of a tightening supply/demand as winter approaches, had natural gas futures charging higher in early trading Wednesday. The November Nymex contract was up 11.5 cents to $3.028/MMBtu at around 8:40 a.m. ET. NatGasWeather attributed the gains early Wednesday to a combination of a strengthening…

October 21, 2020
LNG Flows Said Poised to ‘Ramp Up Rapidly’ as November Natural Gas Rallies

LNG Flows Said Poised to ‘Ramp Up Rapidly’ as November Natural Gas Rallies

With developments along the Louisiana coast appearing favorable for a ramp-up in export demand, natural gas futures surged in early trading Tuesday. The November Nymex contract was up 11.4 cents to $2.909/MMBtu at around 8:40 a.m. ET. Liquefied natural gas (LNG) feed gas demand climbed to 8.5 Bcf/d in early morning estimates from Bespoke Weather…

October 20, 2020
Natural Gas Futures Called Lower Amid ‘Complicated’ Forecast, Unclear Outlook for Cameron LNG

Natural Gas Futures Called Lower Amid ‘Complicated’ Forecast, Unclear Outlook for Cameron LNG

As traders tried to decipher a “murky” outlook for the timing of restored export volumes out of the Gulf Coast, natural gas futures were down several cents in early trading Monday. The November Nymex contract was off 5.0 cents to $2.723/MMBtu at around 8:50 a.m. ET. Analysts at EBW Analytics Group attributed heavy selling in…

October 19, 2020
Prospect of Rising Sabine Pass Volumes Boosts Natural Gas Futures Early

Prospect of Rising Sabine Pass Volumes Boosts Natural Gas Futures Early

After a steep sell-off in the previous session, natural gas futures recovered a large chunk of their recent losses in early trading Thursday on the prospect of further increases in export demand. The November Nymex contract was up 12.9 cents to $2.765/MMBtu at around 8:40 a.m. ET. Analysts at EBW Analytics Group attributed the gains…

October 15, 2020
Natural Gas Futures Pare Gains as Forecasts Weaken Demand Outlook

Natural Gas Futures Pare Gains as Forecasts Weaken Demand Outlook

A milder-trending temperature outlook saw natural gas futures reverse lower early Tuesday, paring gains from the previous day. The November Nymex contract was down 7.5 cents to $2.806/MMBtu at around 8:45 a.m. ET. Prices advanced double digits in Monday’s session as liquefied natural gas (LNG) export volumes appeared largely unscathed by last week’s Hurricane Delta…

October 13, 2020
‹ Previous 1 2 3 880