NYMEX

A mild early December forecast and further evidence of surging domestic production combined to send natural gas futures tumbling early Monday as traders returned from the weekend break. After settling 4.2 cents lower on Black Friday, the December Nymex contract was off another 9.7 cents to $2.758/MMBtu as of 8:42 a.m. ET. January was down…

The U.S. Energy Information Administration (EIA) on Wednesday reported a withdrawal of 7 Bcf of natural gas from storage for the week ended Nov. 17. The draw proved steeper than expectations and sent Nymex natural gas futures higher. December Nymex futures were trading marginally flat on the day at around $2.843/MMBtu ahead of the noon…

Natural gas futures probed modestly higher early Wednesday as traders awaited the latest government inventory data, a potentially pivotal follow-up to the decidedly bearish result from last week’s release. The December Nymex contract was up 3.2 cents to $2.878/MMBtu at around 8:42 a.m. ET. The December contract posted a fourth consecutive daily decline on Tuesday,…

Natural gas futures fell on Monday for a third session, undermined by tapped down demand forecasts for this week’s cold and production volumes near or at new all-time highs. The December Nymex natural gas futures contract settled at $2.882/MMBtu, down 7.8 cents from Friday’s settlement.  At A Glance: Prompt month falls for third session Production…

Milder trending forecasts, set against a backdrop of soaring supply estimates, saw natural gas futures continue to tumble lower in early trading Monday. The December drifted further below the $3.00/MMBtu level, down 6.8 cents to $2.892 at around 8:30 a.m. ET. NatGasWeather highlighted heating degree day (HDD) losses in the latest weather model runs to…

As the market prepared to price in two weeks of government inventory statistics to true up recent balance assessments, natural gas futures were trading close to even early Thursday, belying recent price swings. After dropping as low as $3.133/MMBtu and probing as high as $3.265 in after hours trade, the December Nymex contract hovered just…

As updated forecasts showed cold building for the eastern Lower 48 into the last week of November, natural gas futures advanced in early trading Wednesday. Coming off an up-and-down start to the week, the December Nymex contract was up 7.1 cents to $3.177/MMBtu at around 8:41 a.m. ET. Tuesday’s trading saw the front month finish…

Natural gas futures retreated in early trading Tuesday as overnight forecast trends eased back on cold expectations for later this month, though gains from the previous session were largely preserved. The December Nymex contract was down 1.9 cents to $3.178/MMBtu at around 8:47 a.m. ET after rallying 16.4 cents Monday. A mix of overnight forecast…

Natural gas futures found fresh footing Monday for the first time in six sessions, supported by a cold shift in late November forecasts, while bears eyed next opportunities with supply still ample and another potential disruption at the Freeport LNG facility in Texas. At A Glance: Prompt month ends five-session slide Production jumps near 106…