SoCal Citygate

October natural gas futures traded higher for a fourth consecutive day before rolling off the books as the prompt month. Maintenance-imposed production interruptions and stronger LNG volumes offset waning weather-driven demand to support prices. At A Glance: Front month advances 10.8 cents Production proves choppy again High 80s Bcf injection estimated The October Nymex gas…

Natural gas futures on Wednesday picked up where they left off the prior session – mired in the red as traders braced for autumn weather and lighter demand. At A Glance: Prompt month sheds 7.2 cents Northeast production slips Market sees 40s Bcf injection Following an 18.3-cent drop a day earlier, the October Nymex gas…

Natural gas futures and cash prices slumped Wednesday as easing weather-driven demand expectations cooled a market leaning on late-summer heat to whittle away at a healthy supply cushion. At A Glance: Weather models cool for late August Storage surplus seen tightening West markets lead cash decreases Coast-to-coast cash losses saw NGI’s Spot Gas National Avg.…

First, a brutal winter and exceptional heating needs – at least by California standards – depleted natural gas supplies. Now, a sizzling hot summer galvanized another round of robust demand, pushing regulators in the nation’s most populous state to consider a substantial increase in storage capacity to keep pace with consumption and tame prices. While…

Natural gas futures floundered on Wednesday, continuing a topsy-turvy trading trend as market participants weighed continued strong supplies against robust – but varying – cooling demand and forecasts for more of the same. At A Glance: Front month sheds 6.5 cents Analysts see smaller injection Weather forecasts ease some Following a 4.5-cent gain for the…

Natural gas futures lost momentum on Wednesday, despite intense near-term heat and lower production estimates. Coming off an 11.7-cent gain, the August Nymex gas futures contract shed 2.6 cents day/day and settled at $2.603/MMBtu. September fell 3.3 cents to $2.585. At A Glance: 40s Bcf injection expected Production slides further Signs of strong LNG demand…

Amid signs of renewed production strength, and with seasonal to cooler-leaning summer temperatures expected over population centers in the Midwest and Northeast, natural gas forwards ceded ground during the June 29-July 5 trading period, NGI’s Forward Look data show. Natural gas fixed prices at benchmark Henry Hub shed 1.7 cents for the period to end…

Still groggy from the holiday, natural gas futures struggled to find direction on Wednesday. Amid a supportive backdrop of near-term heat and softening drilling activity, a host of bearish factors ultimately proved too much to overcome. The August Nymex gas futures contract settled 5.2 cents lower than Monday’s settlement at $2.657/MMBtu. At A Glance: Production…

Natural gas futures on Thursday rallied for a fourth consecutive session, bolstered by a bullish storage print that came on the heels of hotter weather and lower production. The July Nymex gas futures contract settled at $2.533/MMBtu, up 19.1 cents day/day. August jumped 19.6 cents to $2.609. At A Glance: EIA prints 84 Bcf injection…