spot prices

Despite the absence of new near-term catalysts, natural gas futures bounced back on Tuesday as traders sharpened their focus on the looming summer cooling season and ongoing expectations for U.S. export demand to prove strong through 2021. The June Nymex contract, which rolls off the boards at the close Wednesday, gained 2.7 cents day/day and…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast in which NGI Price & Markets Editor Leticia Gonzales discusses the key drivers influencing the natural gas market this summer. From liquefied natural gas shipped overseas to gas flowing via pipeline to Mexico, exports are expected to be a huge slice…

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…

Forecasts for heat held, but Monday’s rally was overcooked With summer near, futures are on the cusp of sustained higher prices Cash prices lost momentum, led lower by declines in Texas Natural gas futures on Tuesday gave back a big chunk of the gains made in a weather-driven surge a day earlier. Analysts said forecasts…

Natural gas futures on Tuesday bounced back from the prior session’s losses, as export demand and other key fundamentals held strong, while a critical oil pipeline signaled it could restore operations this week following a ransomware attack. The June Nymex contract advanced 2.3 cents day/day and settled at $2.955/MMBtu. July gained 2.1 cents to $2.999.…

Natural gas futures faltered on Wednesday, ending a three-day rally ahead of expectations for a more substantial build in underground inventories with this week’s government storage report. The June Nymex contract fell 2.9 cents day/day and settled at $2.938/MMBtu. July shed 3.0 to $2.982. NGI’s Spot Gas National Avg. lost ground for the first time…

June natural gas futures on Tuesday barely extended a win streak to three days as traders took profits and volume proved light while the prompt month tested technical resistance at the $3.00 level. Futures advanced over the course of April and early this month as supply/demand balances tightened. On Tuesday, the June Nymex contract eked…

A massive day/day decline in U.S. production drove more gains for natural gas futures despite a modest pullback in exports and continued outlooks for moderate early May temperatures. The May Nymex futures contract settled at $2.873, up 8.3 cents day/day. June rose 6.8 cents to $2.942. Spot gas prices also bounced Tuesday ahead of a…

After a meaningful step higher over the past week or so, natural gas futures steadied a bit on Tuesday and traded in a tight range. Small deviations in supply and demand ultimately sent the May Nymex contract down 2.2 cents to settle at $2.727, while the June contract slipped 1.5 cents to $2.803. Spot gas…