SoCal Citygate

Natural gas futures ended the week on a high note, boosted by a brief blast of cold air sweeping across the central and eastern United States. The March Nymex contract settled Friday at $2.514/MMBtu, up 8.4 cents from Thursday’s close. April futures climbed 11.5 cents to $2.607. At A Glance: Production back near record highs…

Natural gas futures, which only last month traded around $6/MMBtu, have steadily lost ground in the new year amid seasonally mild weather and closed near the $3 level on Wednesday. It marked the lowest front-month settlement since 2021. At A Glance: Prompt month falls 19 cents Supplies strong relative to demand Analysts expect bearish storage…

Natural gas futures traded in negative territory most of Wednesday – and have declined all but three sessions so far this year – amid a persistently potent warm-weather pattern that squashed demand across much of the Lower 48. At A Glance: Warm weather pattern endures Late-month shift in the cards  Meager storage print expected The…

Natural gas futures found fresh footing in positive territory Wednesday, marking the first gain of 2023, amid estimates for a massive storage withdrawal report. At A Glance: Near-term weather favorable for bulls Analysts see triple-digit storage pull Outlook shows heating demand fading After dropping 48.7 cents in the previous session and closing below $4.00, the…

Natural gas futures eked out a gain Wednesday amid worries that a fierce and widespread winter freeze could force production interruptions, ending a three-day run of steep losses. The January Nymex gas futures contract settled at $5.332/MMBtu, up six-tenths of a cent day/day. February rose 2.2 cents to $5.238. At A Glance: Prompt month gains…