PM Markets

October Natural Gas Futures Finish with Flurry, Flirt with $6.00; Cash Prices Surge

October Natural Gas Futures Finish with Flurry, Flirt with $6.00; Cash Prices Surge

Natural gas futures flew higher again on Monday – up more than 30 cents early — as worries about global energy supplies intensified and bulls dominated U.S. trading ahead of front-month expiration. Traders took some profits in afternoon action, but the October contract still finished in the green and up more than 70 cents over…

September 28, 2021
Natural Gas Futures Rally as Pipeline Work Reduces Production; Cash Recovers

Natural Gas Futures Rally as Pipeline Work Reduces Production; Cash Recovers

The changes in supply and demand that brought natural gas futures down a few notches to start the week provided some uplift to the market on Tuesday. A large decline in production, though likely temporary, along with a warmer turn in the latest weather models sent the July Nymex gas futures contract up 6.7 cents…

June 22, 2021
Natural Gas Futures Fall Further on Cooling Forecast, Rising Supply

Natural Gas Futures Fall Further on Cooling Forecast, Rising Supply

A weaker weather pattern seen for the coming two weeks coupled with rising production to send natural gas futures prices sliding on Monday. The July Nymex gas futures contract settled at $3.191, off 2.4 cents from Friday’s close. August slipped 2.1 cents to $3.215. Spot gas prices were mostly lower too, with strong demand mainly…

June 21, 2021
Natural Gas Futures Prices Soar as June Setting Up to be Hottest on Record

Natural Gas Futures Prices Soar as June Setting Up to be Hottest on Record

With a flip of the calendar and a notably warmer outlook for June, natural gas futures prices roared back after the Memorial Day holiday weekend. A sharp decline in supply — though seen as possibly temporary — also influenced pricing, with the July Nymex futures contract settling Tuesday at $3.104/MMBtu, 11.8 cents higher than Friday’s…

June 1, 2021
June Natural Gas Futures Dip as Demand Outlook Temporarily Dims; West Cash Cruises

June Natural Gas Futures Dip as Demand Outlook Temporarily Dims; West Cash Cruises

Natural gas futures kicked off the trading week Monday on a sour note as forecasted weather demand eased, production ticked up and power burns were light. At A Glance: Forecasts call for cooler conditions next week LNG holds strong, but production ticks up Spot prices advance along with demand in the West The June Nymex…

May 24, 2021
June Natural Gas Futures, Cash Prices Tumble for Second Straight Day

June Natural Gas Futures, Cash Prices Tumble for Second Straight Day

Production flat, but weather demand softens Maintenance work keeps LNG levels in check Cash prices decline amid rains and cooler temperatures Natural gas futures fell for a second straight session on Wednesday as traders contemplated weather-driven demand uncertainty, a lull in U.S. exports and estimates for the next government inventory report. The June Nymex contract…

May 19, 2021
June Natural Gas Futures, Cash Prices Pop as Summer Heat Comes into Focus

June Natural Gas Futures, Cash Prices Pop as Summer Heat Comes into Focus

Natural gas futures surged on Monday, as bulls seized upon forecasts for a burst of early summer heat in the heavily populated Northeast and early predictions for a relatively modest storage injection. The June Nymex contract spiked 14.8 cents day/day and settled at $3.109/MMBtu. July rose 14.6 cents to $3.164. Cash prices climbed, too, led…

May 17, 2021
June Natural Gas Stumbles as Forecasts Point to Lighter Demand, Cyberattack Unsettles Markets

June Natural Gas Stumbles as Forecasts Point to Lighter Demand, Cyberattack Unsettles Markets

Natural gas futures gave up ground on Monday as traders mulled waning weather-driven demand and the potential implications of a cybersecurity attack on the largest fuel pipeline in the United States.    The June Nymex contract dropped 2.6 cents day/day and settled at $2.932/MMBtu. July fell 2.6 to $2.978. NGI’s Spot Gas National Avg. advanced 5.5…

May 10, 2021
Natural Gas Futures Prices Start Week on Solid Footing as Exports Still Strong

Natural Gas Futures Prices Start Week on Solid Footing as Exports Still Strong

Natural gas futures struggled to gain traction early Monday, but continuously strong export demand eventually pushed prices into the green. With options and the May Nymex contract’s expiration looming, the prompt month settled at $2.790, up 6.0 cents from Friday’s close. The June contract picked up 5.6 cents to land at $2.874. Spot gas prices…

April 26, 2021
Another Small Drop for Natural Gas Futures Prices as Traders Await Fresh Storage Data

Another Small Drop for Natural Gas Futures Prices as Traders Await Fresh Storage Data

Natural gas futures continued to peel back midweek as production ticked higher and export demand retreated. Staring down a softer storage injection week/week, traders sent the May Nymex futures contract down another 3.5 cents to $2.692. June slipped 2.7 cents to $2.776. Spot gas prices also declined across most of the country, but dollar-plus gains…

April 21, 2021