PM Markets

Natural gas futures started off the week lower amid further uncertainty surrounding the pace of liquefied natural gas (LNG) export recovery. A “complicated” weather outlook also left traders unsure of where to price gas, but a chillier turn in Monday’s midday models ultimately lifted the November Nymex contract up 2.2 cents to $2.795. December nudged…

Natural gas futures struggled to maintain momentum early Friday as traders tried to determine whether liquefied natural gas (LNG) and weather demand would be enough to ward off a toppling of storage inventories by the end of October.  With an increasingly chillier weather pattern emerging for the end of the month, the November Nymex gas…

Natural gas futures quickly bounced back from the prior day’s nosedive as traders were hopeful Gulf Coast exports would soon resume full operations after a barge sunk near a key export terminal. Buoyed further by the latest government storage data, the November futures contract jumped 13.9 cents to $2.775/MMBtu. December climbed 7.2 cents to $3.261.…

Natural gas futures headed lower Tuesday as morning weather models shifted warmer. Production moved considerably higher as well, sending the November Nymex gas futures contract down 2.6 cents to $2.855. December slipped 2.4 cents to $3.247. Spot gas prices were mixed amid cooler weather in the central and eastern United States and continued heat out…

With Gulf Coast liquefied natural gas (LNG) facilities unscathed by Hurricane Delta, export demand’s quick rebound combined with a chillier forecast to send natural gas futures sharply higher Monday. The November Nymex gas futures contract jumped 14.0 cents to settle at $2.881. December climbed 6.7 cents to $3.271. Spot gas prices also posted stout increases…

Still hours away from landfall, Hurricane Delta made waves in the natural gas market Thursday, cutting into liquefied natural gas (LNG) demand that’s been sorely needed to prevent storage from toppling. However, supply also was heavily curtailed ahead of the storm, and long-range weather models trended colder. That helped nudge the November Nymex gas futures…

The fundamentals were in place for natural gas futures to continue climbing on Tuesday, but the threat of a hurricane striking the Gulf Coast (again) later this week sent prices down several notches. The November Nymex gas futures contract settled at $2.520, off 9.5 cents from Monday’s close. December fell 6.5 cents to $3.096. Spot…

After sinking near the 200-day moving average at the end of last week, natural gas futures bounced back with a vengeance Monday thanks to stronger liquefied natural gas (LNG) feed gas demand and strong cash prices. The November Nymex gas futures contract hit a $2.727/MMBtu intraday high before settling at $2.615, up 17.7 cents from…

November Nymex natural gas futures swung in a 15-cent range Thursday before ultimately finishing the day exactly where they started. After government data showed an on-target storage report, the prompt month went on to settle Thursday flat at $2.527. December, however, fell 5.5 cents to $3.062. The stability at the front of the Nymex curve…