It took only a relatively moderate change in forecasts to ignite the physical market Monday. In trading for Tuesday natural gas, the majority of points scored robust, double-digit gains as temperature forecasts in major eastern markets were forecast about 5 degrees above normal.
Markets
Articles from Markets
Temperature Updates Turn Warmer; July Called 7 Cents Higher
July natural gas is set to open 7 cents higher Monday morning at $2.66 as weather forecasts call for greater cooling requirements in eastern and Midwest population centers. Overnight oil markets fell.
June 8, 2015
FERC OE Testifies Against Proposed Legislation to Rein in Commission Investigations
Proposed amendments designed to afford defendants more rights in investigations and adjudications by the Federal Energy Regulatory Commission were strongly opposed by Office of Enforcement Director Larry R. Parkinson in a hearing last week before a House Energy and Commerce subcommittee.
June 8, 2015
Forecast Heat Lifts NatGas Physical Market; Futures Bears Sense More Pain
It took only a relatively moderate change in forecasts to ignite the physical market Monday. In trading for Tuesday natural gas, the majority of points scored robust, double-digit gains as temperature forecasts in major eastern markets were forecast about 5 degrees above normal.
June 8, 2015
Physical NatGas, Futures Continue Lower; July Sub $2.60
Physical natural gas for weekend and Monday delivery worked lower Friday as weather systems were confined mainly to load-killing rain and thunderstorms over much of the country and traders were reluctant to commit to three-day deals. Overall, the market fell 5 cents to $2.19.
June 5, 2015
Storage Just Keeps Building; July Called 2 Cents Lower
July natural gas is set to open 2 cents lower Friday morning at $2.61 as analysis shows a protracted storage surplus with estimates of ending inventories above 4 Tcf. Overnight oil markets rose.
June 5, 2015
U.S. to Assume Leadership of International Gas Union
The United States will assume the presidency of the International Gas Union (IGU) on Friday at the 26th World Gas Conference in Paris and will lead the worldwide non-profit organization for the next three years.
June 5, 2015
Physical NatGas, Futures Continue Lower; July Sub $2.60
Physical natural gas for weekend and Monday delivery worked lower Friday as weather systems were confined mainly to load-killing rain and thunderstorms over much of the country and traders were reluctant to commit to three-day deals. Overall the market fell 5 cents to $2.19.
June 5, 2015
Storage Just Keeps Building; July Called 2 Cents Lower
July natural gas is set to open 2 cents lower Friday morning at $2.61 as analysis shows a protracted storage surplus with estimates of ending inventories above 4 Tcf. Overnight oil markets rose.
June 5, 2015
U.S. to Assume Leadership of International Gas Union
The United States will assume the presidency of the International Gas Union (IGU) on Friday at the 26th World Gas Conference in Paris and will lead the worldwide non-profit organization for the next three years.
June 5, 2015
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