NYMEX

With updated weather models seen teasing the possibility of colder temperatures developing next month, natural gas futures rallied sharply early Friday. The November Nymex contract was up 14.8 cents to $5.263/MMBtu as of around 8:50 a.m. ET. The latest model runs as of early Friday showed a setup that could increase the chances for more…

Natural gas futures pulled back early Thursday as traders prepared to digest the latest round of government inventory data, expected to show a sixth straight higher-than-average injection into Lower 48 stocks. The November Nymex contract was off 10.8 cents to $5.062/MMBtu at around 8:45 a.m. ET. Surveys ahead of the latest U.S. Energy Information Administration…

Continued bearishness in the weather-driven demand outlook saw natural gas futures reverse lower in early trading Wednesday. After rallying 9.9 cents in the previous session, the November Nymex contract was back under the $5 mark at around 8:45 a.m. ET, down 11.3 cents to $4.975/MMBtu. Prices in Tuesday’s session were able to “bounce higher…off a…

Natural gas futures extended their recent losses in early trading Tuesday as considerable weakness in the weather-driven demand outlook continued to weigh on prices. After plummeting 42.1 cents in the previous session, the November Nymex contract was down 9.9 cents to $4.890/MMBtu at around 8:45 a.m. ET. The front month probed back above the $5…

As the natural gas market continued to mull the implications of a lower-than-expected weekly storage build, one that appeared to derive from a temporary drop in renewable generation, futures prices retreated in early trading Friday. After rallying 9.7 cents in the previous session, the November Nymex contract was down 10.4 cents to $5.583/MMBtu at around…

Natural gas futures rallied sharply early Thursday as analysts pointed to stronger overseas prices and a less bearish domestic weather outlook. The November Nymex contract was up 20.9 cents to $5.799/MMBtu at around 8:50 a.m. ET. In terms of recent weather model runs, EBW Analytics Group analysts early Thursday observed an additional 8.4 Bcf of…

Natural gas futures extended their losses in early trading Tuesday, with prices skidding double digits amid a bearish outlook for October fundamentals. After stumbling 22.0 cents in the previous session, the November Nymex contract was down another 13.7 cents to $5.208/MMBtu at around 8:45 a.m. ET. The European and American weather models both lost degree…

Volatile natural gas futures probed both sides of even in after hours trading ahead of Monday’s session as the market weighed cooler weekend weather trends against easing domestic storage adequacy concerns. After earlier rallying to as high as $5.799/MMBtu, the November Nymex contract was down 13.5 cents to $5.430 at around 8:50 a.m. ET. Liquefied…

With the market still on edge as it awaits details on early heating season temperatures, natural gas futures advanced in early trading Friday. The November Nymex contract was up 4.7 cents to $5.724/MMBtu at around 8:45 a.m. ET. Natural gas prices continued to show volatility in after-hours trading ahead of Friday’s session, with the prompt…