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Last Storage Withdrawal Report Expected; May Called Up 2 Cents

May natural gas is set to open 2 cents higher Thursday morning at $2.63 as traders await a government inventory report that could show additions or decreases. Overnight oil markets plunged.

April 2, 2015
Larger Than Expected NatGas Storage Draw Sends May Futures Up 7 Cents

Larger Than Expected NatGas Storage Draw Sends May Futures Up 7 Cents

Natural gas futures advanced Thursday following the release of government inventory figures showing a withdrawal that was not only greater than what the market was expecting, but also outside of survey ranges.

April 2, 2015
Tenaska Marketing Ventures Expands Into Boston on Unprecedented Gas Growth

Tenaska Marketing Ventures Expands Into Boston on Unprecedented Gas Growth

Looking to expand its physical footprint in the northeastern United States and capitalize on growing natural gas supplies out of the Marcellus and Utica shales, Tenaska Marketing Ventures (TMV) said Thursday that it has opened a new regional office in Boston — the company’s sixth in North America.

April 2, 2015
NatGas Cash Eases, But Futures Pop Higher Following Supportive EIA Data

NatGas Cash Eases, But Futures Pop Higher Following Supportive EIA Data

Natural gas futures action cast shade on the physical gas market Thursday as a larger than expected storage withdrawal report had some price bulls licking their chops, while other marketwatchers remained unimpressed.

April 2, 2015

Traders Mull Weather, Technicals; May Called Unchanged

May natural gas is seen opening unchanged at $2.64 Wednesday as traders balance a moderate change in the weather outlook with a dangerous technical environment. Overnight oil markets rose.

April 1, 2015

Weather, Power, Demand Converge to Send Cash Lower; Futures Ease

Gas for delivery Thursday shed a dime in Wednesday’s trading as a trifecta of moderating weather, lower power prices, and lower demand gave buyers little incentive to pursue incremental volumes.

April 1, 2015

Cooler Temps In Play; May Seen 3 Cents Higher

May natural gas is expected to open 3 cents higher Tuesday morning at $2.67 as overnight model runs suggest a slight trend to cooler temperatures and Market Profile hints at steady prices. Overnight oil markets fell.

March 31, 2015

Steep New England Losses Outdo Broader Gains; Futures Drift Lower

Trading for next-day gas Tuesday was highly skewed, with multi-dollar losses at some New England points contrasting sharply with gains of a few pennies at most market points. Overall, the market was down 4 cents to $2.52, but take away just three stout losses in the Northeast, and the average market change was a penny higher.

March 31, 2015
Some Basis Markets Boosted Last Week by Bidweek Volatility, Summer Fundamentals

Some Basis Markets Boosted Last Week by Bidweek Volatility, Summer Fundamentals

Bidweek volatility, a bearish storage picture and expectations of low hydro supplies sparked a handful of movers and shakers in an otherwise dull natural gas forwards basis market last week.

March 30, 2015

Cash, Futures Mark Time as Record-Ending Inventories In Sight

Physical gas prices for Tuesday delivery moved little in Monday’s trading. Small gains in the Gulf and West were offset by losses of only a penny or two at market centers in the East and Midwest.

March 30, 2015