Natural gas futures crept up early Tuesday and hung on to a narrow advance on the day as heat took hold in the West and weekend weather forecasts trended modestly warmer, creating potential for increased air conditioner use that could begin to offset weakening demand for U.S. exports. The July Nymex contract settled at $1.777/MMBtu, up three-tenths of a cent day/day. August rose a half-cent to $1.876.
Weissman
Articles from Weissman
NGI The Weekly Gas Market Report
Winter Spikes May Pull LNG into Natural Gas Market’s Balancing Act
Between structural shifts in supply/demand balance and historically lean stockpiles, natural gas prices face major upside risks this winter, but even after recent gains, Henry Hub bulls should have room to run before U.S. liquefied natural gas (LNG) exports start to become uneconomic, according to analysts.
December 10, 2018
Weissman’s Market Negatives Adding Up to Plunging Natural Gas Prices
Lined up against predicted warmer-than-normal temperatures this summer is an emerging storage “lite,” which, when paired with booming production, especially from associated gas, portends a high likelihood that natural gas prices will start falling, according to EBW Analytics CEO Andy Weissman.
June 1, 2018
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
