Natural gas for Wednesday delivery slid by a few pennies in Tuesday’s trading as mild temperatures forecast for eastern metropolitan areas along with weak next-day power prices gave buyers little incentive to purchase incremental volumes.
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Hedgers Assess Market Weakness; July Called A Penny Higher
July natural gas is expected to open a penny higher Monday morning at $2.65 as traders and risk managers mull a missed opportunity and assess trading strategy for the week. Overnight oil markets eased.
June 1, 2015
NGI The Weekly Gas Market Report
NatGas Imports From Canada Lowest Since 1995; Exports to Mexico Up
Canadian natural gas exports to the United States shrank last year to their smallest volume since 1995 as rival American shale supplies grew, according to trade records kept by the U.S. Department of Energy.
June 1, 2015
Eastern Strength Can’t Offset Broader Declines; NatGas Futures Drift Higher
Physical natural gas for delivery Tuesday eased as moderate strength at northeast points on Monday failed to offset broader declines in the Gulf, Rockies, and California. Overall the market shed 2 cents to $2.33.
June 1, 2015
Hedgers Assess Market Weakness; July Called A Penny Higher
July natural gas is expected to open a penny higher Monday morning at $2.65 as traders and risk managers mull a missed opportunity and assess trading strategy for the week. Overnight oil markets eased.
June 1, 2015
NatGas Imports From Canada Lowest Since 1995; Exports to Mexico Up
Canadian natural gas exports to the United States shrank last year to their smallest volume since 1995 as rival American shale supplies grew, according to trade records kept by the U.S. Department of Energy.
June 1, 2015
Eastern Strength Can’t Offset Broader Declines; NatGas Futures Drift Higher
Physical natural gas for delivery Tuesday eased as moderate strength at northeast points on Monday failed to offset broader declines in the Gulf, Rockies, and California. Overall the market shed 2 cents to $2.33.
June 1, 2015
Looming Surplus to Pressure Prices, Analyst Says; July Seen A Penny Lower
July natural gas is expected to open a penny lower Friday morning at $2.70 as traders sense continued price weakness and an eventual long-term supply surplus. Overnight oil markets rose.
May 29, 2015
Deja Vu All Over Again: Physical NatGas, Futures Post Losses
Physical gas for Monday delivery showed its typical over-the-weekend pattern of declining prices as traders elected to make any spot purchases of gas on an as-needed basis.
May 29, 2015
Looming Surplus to Pressure Prices, Analyst Says; July Seen A Penny Lower
July natural gas is expected to open a penny lower Friday morning at $2.70 as traders sense continued price weakness and an eventual long-term supply surplus. Overnight oil markets rose.
May 29, 2015
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