Cash Weak Again, But Futures Inch Higher

The overall physical market tumbled on average by 9 cents Thursday as traders cited a lack of demand, a return of nuclear generation and unsupportive weather patterns.

June 1, 2012

Futures Take a Pounding, Settle Near 10-Year Low

February natural gas was tackled for a loss Tuesday as traders recited the same causative factors of unsupportive weather and a storage surplus that refuses to stop growing. At the close February had given up 18.2 cents to $2.488, which is the lowest front-month settlement since March 5, 2002.

January 18, 2012

Technicals, Weather Keep Buyers on Sidelines; July Drifts Lower

July natural gas eased slightly Monday as traders cited weak technicals, and near term weather forecasts are unsupportive. At the close July had fallen eight-tenths of a penny to $4.317 and August was down eight-tenths of a penny to $4.352. July crude oil rose 25 cents to $93.26/bbl.

June 21, 2011

Analyst Suggests Hefty Storage Build; November Down Double Digits

November natural gas futures continued their downward march Monday as traders focused on unsupportive weather conditions and expectations of another hefty shoulder-season addition to inventories. At the close November posted a 10.4 cent loss to $3.431 and December shed 5.5 cents to $3.870.

October 19, 2010

Slightly Higher Quotes Dominate Mixed Price Moves

Modest gains dominated the cash market Monday, even though warm to moderate forecasts in most areas were mostly unsupportive of price bullishness. However, a minor 3.2-cent uptick by September futures on the preceding Friday did help.

August 17, 2010

Futures Continue Lower on Economy Woes, Temperature Thaw

Influenced by yet another day of economic concerns and unsupportive weather forecasts, February natural gas futures continued to explore lower price levels on Wednesday, reaching a low of $7.585 before closing out the session at $7.621, down 4.9 cents from Tuesday. While the decline was a far cry from Tuesday’s 32.3-cent massacre, traders are still hard-pressed to locate any supportive fundamentals.

January 24, 2008

Futures Slip Lower as Traders Deal with Storage Report Hangover

With its traders still feeling the effects of Thursday’s unsupportive storage report, the natural gas futures market sifted lower Friday afternoon to conclude a relatively quiet week. The March contract completed the session at $6.096, down 5.3 cents for the session and 16.3 cents for the week.

February 7, 2005