NYMEX

As bidweek continued into a second day Thursday (April 25), baseload prices maintained the weak tenor established in Wednesday’s opener, according to NGI’s Bidweek Alert (BWA). Deal volumes were predominantly lower from Wednesday levels. Bidweek trading concludes on Friday. Leading on volume, Dawn in the Midwest saw 249,000 MMBtu/d in total volumes traded in 64…

As traders contemplated a swelling storage surplus amid mild springtime temperatures, natural gas futures were down sharply ahead of the front month expiration Friday. With volume thin in its final day of trading, the May Nymex contract was off 9.9 cents to $1.539/MMBtu as of 8:35 a.m. ET. June was trading 5.5 cents lower at…

After selling off sharply in the previous session, natural gas futures remained under pressure early Thursday as traders prepared to digest a potential surplus-expanding government inventory report.  The May Nymex contract was off 0.4 cents to $1.649/MMBtu at around 8:30 a.m. ET. June was down 2.6 cents to $1.953. The market early Thursday was expecting…

Amid signs of ongoing issues at a major U.S. LNG export terminal, and with physical market prices pointing to weak near-term fundamentals, natural gas futures were headed for heavy losses as of midday trading Wednesday.  Here’s the latest: May Nymex futures down 13.2 cents to $1.680/MMBtu as of 2:11 p.m. ET Day-ahead Henry Hub prices…

After advancing over the previous two sessions, natural gas futures pulled back in early trading Wednesday as mild shoulder season weather continued to dampen the outlook despite continued production restraint. The May Nymex contract, set to expire later this week, was down 5.3 cents to $1.759/MMBtu at around 8:45 a.m. ET. June was down to…

Natural gas futures visited both sides of even through midday Tuesday as traders mulled less-than-inspiring forecasts and strengthening export volumes. Cash markets were mixed, with some chilly spring weather failing to have much impact on Midwest and Northeast prices. Here’s the latest: May Nymex futures up 0.7 cents to $1.798/MMBtu as of 2:08 p.m. ET…

With the market continuing to balance near-term oversupply against longer term bullishness, natural gas futures moved slightly lower at the front of the curve in early trading Tuesday. The May Nymex contract was down 1.7 cents to $1.774/MMBtu at around 8:45 a.m. ET. June was off 1.7 cents to $2.048. A recently updated outlook from…

Natural gas futures nudged higher early Monday as near-term heating demand and soft springtime production offered support for prices. The May Nymex contract was up 2.1 cents to $1.773/MMBtu at around 8:45 a.m. ET. June was up 2.5 cents to $2.013. Updated estimates Monday showed domestic production remaining steady at sub-100 Bcf/d levels.  Bloomberg data…

Natural gas futures eased lower at the front of the curve early Friday as the market continued to assess balances following updated storage data that landed in line with expectations. The May Nymex contract was down 2.6 cents to $1.731/MMBtu at around 8:30 a.m. ET. The U.S. Energy Information Administration (EIA) on Thursday reported a…