NYMEX

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)…

Natural gas futures continued to hover above the $2/MMBtu threshold in early trading Wednesday as the market looked to cooler temperatures expected later this month to firm up support. The March Nymex contract was trading at $2.022 at around 8:36 a.m. ET, up 1.3 cents. April was up 1.1 cents to $2.018. The front month…

March Nymex natural gas futures sank 7.3 cents day/day and settled just above key $2.000 support as “extremely light” heating demand in the near term – and forecasts for the return of double-digit storage withdrawals – outweighed the potential boost in demand mid-month. At A Glance: Natural gas futures test support Near-term weather pressures Cash…

With the market in an apparent holding pattern as traders await more details on the extent of colder weather arriving later this month, natural gas futures eased lower early Tuesday. The March Nymex contract was off 2.5 cents to $2.057/MMBtu at around 8:35 a.m. ET. In early trading, the front month did not venture outside…

March Nymex natural gas futures ended nearly unchanged on the plus side in the week’s opening session as the market locked onto near-term weather forecasts for mild conditions ahead of an expected blast of mid-February cold. At A Glance: Futures near unchanged Supply concerns persist Spot gas gains The front-month contract settled at $2.082/MMBtu, less…

With the prospect of a colder back half of February countered by mild weather and continued production strength in the interim, natural gas futures probed both sides of even early Monday. The March Nymex contract was off 3.1 cents to $2.048/MMBtu at around 8:45 a.m. ET, though the front month had pushed as high as…

Natural gas futures hovered close to even in early trading Friday as the market continued to look to the second half of February for a possible shift away from the exceptionally mild winter weather pressuring prices. The March Nymex contract was unchanged at $2.050/MMBtu at around 8:43 a.m. ET. April was off a fraction of…

Natural gas futures inched higher early Thursday as traders prepared to digest the latest government inventory data, expected to show another strong January withdrawal.  The March Nymex contract was up 1.2 cents to $2.112/MMBtu at around 8:41 a.m. ET. April was up 0.6 cents to $2.127. In the follow-up to last week’s record-challenging 326 Bcf…