Natural gas cash and futures markets forged different paths Thursday as forecasts of moderating temperatures prompted a weaker physical market, but a supportive Energy Information Administration inventory report gave a modest lift to futures.
Traders
Articles from Traders
NatGas Traders Kept Busy With Short Two-Day Trading Week
The abbreviated Thursday-Friday physical trading week overall didn’t see much price movement as the NGI Weekly Spot Gas Average rose just a penny to $2.39, but there was plenty of activity to go around. With the exception of the Northeast and Midwest, prices rose anywhere from a nickel to a dime.
May 1, 2015
NatGas Traders Kept Busy With Short Two-Day Trading Week
The abbreviated Thursday-Friday physical trading week overall didn't see much price movement as the NGI Weekly Spot Gas Average rose just a penny to $2.39, but there was plenty of activity to go around. With the exception of the Northeast and Midwest, prices rose anywhere from a nickel to a dime.
May 1, 2015
Builds Trending Leaner; October Seen 2 Cents Higher
October natural gas is set to open 2 cents higher Thursday morning at $4.02 as traders expect a government inventory report to continue showing well above normal additions to storage. Overnight oil markets firmed.
August 28, 2014
Near-Term Cold On Tap, But May Called 5 Cents Lower
May natural gas is expected to open 5 cents lower Monday morning at $4.57 as traders discount near-term weather reports and factor in larger long market exposure by directional traders. Overnight oil markets were mixed.
April 14, 2014
Traders Prepare for Loss of EIA Storage Reports
In the wake of the news Friday that the Energy Information Administration (EIA) would cease operations and furlough its staff thanks to the U.S. Government shutdown, traders and analysts are waiting to see how the natural gas futures market deals with the lack of a weekly storage inventory update.
October 14, 2013
Broad Decline Settles In; Traders Await Storage Stats
Natural gas cash and futures bulls took a breather Wednesday.
October 10, 2013
Northeast, East Lead Cash Lower, But Futures Swoon
Physical natural gas overall fell 2 cents in Thursday’s trading, but that followed the typical Thursday script of traders getting their deals done prior to the release of Energy Information Administration (EIA) inventory data.
June 28, 2013
Cash Traders Digest Pipe Explosion Ramifications; Futures Grind Lower
Natural gas cash prices were mixed Tuesday as traders balanced news of a pipeline explosion in the Marcellus Shale with no indications of supportive weather developments on the horizon. While most regions saw little change in either direction average in the Midcontinent and Midwest mostly slipped, while the Northeast ranf up some significant dollar-plus gains. January futures skidded another 4.8 cents to $3.412 and February slumped 4.6 cents to $3.441. January crude oil rose 23 cents to $85.79/bbl.
December 12, 2012
Customers Spot ‘Stale Market Data’ Following CME Globex NatGas Outage
Traders were scratching their heads Friday morning as CME Globex natural gas futures and options markets went dark at 10:04 a.m. EDT.
September 10, 2012
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