NYMEX

As forecasts advertised unseasonably mild temperatures across key heating demand markets into early March, bargain-priced natural gas futures conceded ground in early trading Tuesday. The March Nymex contract was down 2.0 cents to $1.589/MMBtu at around 8:30 a.m. ET. April was down 2.7 cents to $1.653. Weather models diverged in recent runs in their expectations…

For the first time in nine sessions, natural gas futures on Friday forged ahead as discount buying finally overtook the mild weather forecasts and elevated supplies that had sapped the will of price bulls most of this month. At A Glance: Prompt month gains 2.8 cents  Bargain buying saves the day Fundamentals ‘indelibly weak’ The…

Natural gas futures essentially treading water as bearish week of trading draws to close After starting week around $1.800/MMBtu, March Nymex contract trading at $1.610 as of 2:25 p.m. ET, up 2.9 cents Gelber & Associates analysts see “relatively little volatility and market participation” ahead of President’s Day weekend, as “traders have likely squared away…

With oversupply concerns remaining top-of-mind following a bearish miss in the latest government inventory data, natural gas futures hovered close to even at discounted levels early Friday. Having sold off throughout the week as the market searches for a bottom, the March Nymex contract was up 1.3 cents to $1.594/MMBtu at around 8:45 a.m. ET.…

Natural gas futures continued to grind lower early Tuesday as uncooperative forecasts pointed to more struggles ahead for a market trying to manage excess supply.  After shedding 7.9 cents on Monday, the March Nymex contract was off another 0.8 cents to $1.760/MMBtu as of 8:46 a.m. ET. Recent price action reflects a market attempting to…

Natural gas futures extended losses into a fifth consecutive session Monday as fundamental support continued to evade, leaving little for the market to latch onto to drive March Nymex natural gas out of the basement and off more than three-year lows. At A Glance: Futures tumble 7.9 cents  Bearish fundamentals persist West Texas bucks cash…

Still weighed down by underperforming winter demand, and with weekend forecasts offering little indication that bearish weather headwinds will ease anytime soon, natural gas futures skidded lower in early trading Monday. The March Nymex contract was off 1.8 cents to $1.829/MMBtu at around 8:48 a.m. ET. April was down 2.2 cents to $1.863. Weekend forecast…

Updated forecasts weakened heating demand expectations associated with an arriving mid-February pattern shift, and natural gas futures, already trading at a discount, continued to drop in early trading Friday. Coming off a 5.0-cent decline in the previous session, the March Nymex contract was off another 4.9 cents to $1.868/MMBtu at around 8:45 a.m. ET. Both…

Natural gas futures continued to grind lower early Thursday as traders braced for an unseasonably light drawdown from the latest round of government inventory data. The March Nymex contract, after falling below the $2.000/MMBtu threshold on Wednesday, was down another 2.5 cents to $1.942 at around 8:45 a.m. ET. The U.S. Energy Information Administration (EIA)…