NYMEX

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…

Coming off a soaring rally in the previous session, natural gas futures gave back a chunk of those gains in early trading Thursday as the market looked ahead to a seasonally light withdrawal in the latest government inventory data. The March Nymex contract was down 8.3 cents to $1.690/MMBtu at around 8:50 a.m. ET. April…

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…