Markets

Riding positive momentum from the previous session, natural gas futures continued to advance early Thursday as traders shrugged off a potential increase in the Lower 48 storage surplus from the latest government inventory data. Heading into its first session as the front month, the November Nymex contract was up 3.7 cents to $2.936/MMBtu as of…

October natural gas futures traded higher for a fourth consecutive day before rolling off the books as the prompt month. Maintenance-imposed production interruptions and stronger LNG volumes offset waning weather-driven demand to support prices. At A Glance: Front month advances 10.8 cents Production proves choppy again High 80s Bcf injection estimated The October Nymex gas…

Helped by strengthening export volumes in the latest estimates early Wednesday, natural gas futures advanced ahead of the expiration of the October contract.  October Nymex futures were up 4.4 cents to $2.700/MMBtu at around 8:40 a.m. ET, while November was up 4.9 cents to $2.894. Weather models added degree days overnight, but this was a…

Natural gas futures floundered most of Tuesday, but for a third straight session, the October contract approached the end of a tepid run at the front of the curve with a small gain. Lighter production offset fading demand and export uncertainty. Following tiny gains in the two prior sessions – and losses overall last week…

Natural gas prices were trending lower for October bidweek, dragged down by moderate temperatures, soft LNG demand and a host of other bearish factors as the fall shoulder season gets underway, according to NGI’s Bidweek Alert. California led the month/month price decreases as prices at the SoCal Citygate plummeted around $2.000 from the September bidweek…

Mild weather and estimates showing sagging volumes flowing to U.S. export terminals had natural gas futures trading sharply lower early Tuesday.  The October Nymex contract, set to expire Wednesday, was down 6.7 cents to $2.572/MMBtu at around 8:45 a.m. ET. November was down 8.8 cents to $2.818. Recent bearish trends for the monthly contract rollover,…

Natural gas futures forged ahead on Monday, building on the modest momentum gathered late last week after supportive government inventory data and price jumps in Europe. Following a 2.7-cent gain on Friday, the October Nymex gas futures contract settled at $2.639/MMBtu, up two-tenths of a cent to start the new week. November rose 2.7 cents…

Global natural gas prices ticked higher on Monday driven partly by ongoing supply fears as winter approaches. Norwegian exports to the rest of Europe continue to gradually ramp back up. Nominations were at 254 million cubic meters (MMcm) on Monday and closer to normal levels of over 300 MMcm. That’s up from 175.9 MMcm a…

With mild weather expected well into October, offering little indication of the arrival of significant early season cold, natural gas futures skidded lower early Monday as traders turned their attention to the looming front month expiration. The October Nymex contract was off 2.0 cents to $2.617/MMBtu at around 8:45 a.m. ET, while November was down…