NYMEX

Natural gas futures eased lower early Tuesday as traders continued to weigh falling production volumes against weather-driven demand underperformance amid mild March temperatures. The April Nymex contract was off 2.1 cents to $1.895 at around 8:45 a.m. ET. May was trading at $2.042, down 3.1 cents. The front month surged as high as $1.989 on…

With a sizable inventory surplus continuing to hang over the market, natural gas futures were trading slightly lower early Friday. The April Nymex contract was off 0.9 cents to $1.851/MMBtu as of 8:48 a.m. ET. May was down 2.2 cents to $1.986. The U.S. Energy Information Administration (EIA) on Thursday reported a 96 Bcf withdrawal…

Natural gas futures eased lower early Thursday as traders prepared to digest another surplus-padding result from the latest government inventory data, and as the weather outlook continued to offer little encouragement for bulls. The April Nymex contract was off 2.3 cents to $1.862/MMBtu as of 8:48 a.m. ET. May was down 2.1 cents to $2.031.…

Benefiting from technical momentum and easing production volumes, natural gas futures advanced in early trading Wednesday, though bearish weather headwinds remained. The April Nymex contract was up 5.0 cents to $1.858/MMBtu as of 8:42 a.m. ET. May was up 4.7 cents to $2.012. April enters its first day as the new prompt month with an…

Continued signs of easing production volumes in updated estimates Tuesday helped lift April natural gas futures in early trading. The April Nymex contract, set to take over as the new prompt month after the close, was up 5.0 cents to $1.794/MMBtu at around 8:45 a.m. ET.  The expiring March contract, meanwhile, was off fractionally on…

Natural gas futures rebounded on Monday, bolstered by lower production readings and trader positioning ahead of the front-month contract’s expiration. At A Glance: NGI models 84 Bcf draw  Production at 103 Bcf/d Weather demand evades Coming off back-to-back losses to close out the prior week, the March Nymex gas futures contract settled at $1.659/MMBtu, up…

Natural gas futures retreat from early highs as market continues monitoring signs of production decline Expiring March Nymex contract trading at $1.656 as of 2:28 p.m. ET, up 5.3 cents day/day but off from $1.730 high Bloomberg estimates put domestic production at 102.5 Bcf/d for Monday; Wood Mackenzie’s estimate at 102.9 Bcf/d Per Gelber &…

With heightened volatility expected heading into the front month expiration this week, and amid hints of weaker production in recent estimates, natural gas futures rallied sharply in early trading Monday. After selling off 12.9 cents on Friday, the March Nymex contract was up 10.0 cents to $1.703/MMBtu at around 8:45 a.m. ET. April was up…

A bearish weather outlook well into the month of March kept the pressure on natural gas futures early Friday as the front month conceded further ground following a midweek rally. The March Nymex contract was off 11.7 cents to $1.615/MMBtu at around 8:50 a.m. ET; April was down 10.1 cents to $1.731. Forecasts have seemingly…