spot prices

Already strong U.S. exports climbed higher Tuesday, but a weakening weather outlook and anticipation of a storage injection kept natural gas futures in check. The May Nymex contract debuted as the prompt month by falling 3.0 cents day/day to $2.623/MMBtu. June shed 2.7 cents to $2.681. Cash prices, in contrast, climbed on Tuesday amid a…

Just as a rally started to mount, natural gas futures stumbled on Tuesday and dashed hopes for a three-day winning streak. Strong liquefied natural gas (LNG) levels had propelled the prompt month over the two prior trading sessions, but continued forecasts for weak domestic weather demand curbed the momentum. The April Nymex contract shed 7.4…

Natural gas futures on Tuesday found momentum as signs of sustained strength in liquefied natural gas (LNG) levels offset forecasts for mild weather and light heating demand.   The April Nymex contract settled at $2.562/MMBtu, up 7.8 cents day/day. May gained 7.4 cents to $2.597. On Monday, the prompt month dropped 11.6 cents and fell to…

Natural gas futures avoided falling further into the red on Wednesday despite expectations for a modest storage withdrawal and forecasts that called for continued mild weather and light heating demand. The April Nymex contract settled at $2.692/MMBtu, up 3.0 cents day/day. The prompt month had declined the five previous trading sessions. May advanced 3.2 cents…

Natural gas futures slipped deeper into the red on Tuesday as supply ramped up following last week’s historic winter storm. Weather models also continued to favor a mostly mild pattern in the weeks ahead, solidifying the move to the downside for the March Nymex contract, which settled 7.4 cents lower day/day at $2.879. April fell…

The extraordinary tumult in the physical natural gas market rippled through the forward curves  during the trading week ended Wednesday as hubs throughout the country posted sizable week/week gains in both fixed and basis prices. Prompt-month fixed prices in NGI’s Forward Look rallied by the double digits from coast to coast for the Feb. 11-17…

Despite the lack of clarity on the long-term impacts from this week’s Arctic storm, news that power had been restored to most Texas residents on Thursday and warmer weather seen moving into the Lower 48 by next week sent natural gas futures prices crumbling.  A huge bearish miss in the latest government storage data sealed…

The extraordinarily harsh blast of frigid temperatures blanketing much of the Lower 48 crippled power grids and sent natural gas spot prices soaring on Tuesday, extending a surge that began the previous week. Futures also jumped Tuesday amid widespread reports of rolling blackouts and production freeze-offs. According to Tuesday’s MidDay Price Alert, NGI’s Spot Gas…

Natural gas futures extended gains on Tuesday, as traders absorbed news of weather forecasts shifting even colder after a similar change in models over the weekend. The weather outlooks increased the likelihood of robust heating demand the rest of January and into early February, fueling futures. The February Nymex gas futures contract settled at $2.656…