May natural gas is expected to open 3 cents lower Thursday morning at $2.01 as traders largely discount what is expected to be a bullish government inventory report. Overnight oil markets rose.
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Articles from Markets
NatGas Cash Eases as California Generators Feel the Squeeze; Futures Drop 7 Cents
Both next-day physical natural gas prices and futures took it on the chin in Thursday’s trading as a combination of weather forecasts, soft power prices and an uninspired government storage report kept a damper on pricing.
April 14, 2016
Market Unmoved by Nominally Supportive Natural Gas Storage Data
Natural gas futures were able to work higher but unable to take out session highs Thursday morning after the Energy Information Administration (EIA) reported a storage draw that was greater than what the market was expecting.
April 14, 2016
NatGas Cash Eases as California Generators Feel the Squeeze; Futures Drop 7 Cents
Both next-day physical natural gas prices and futures took it on the chin in Thursday’s trading as a combination of weather forecasts, soft power prices and an uninspired government storage report kept a damper on pricing.
April 14, 2016
No Weather Events of Importance, But May Seen 3 Cents Higher
May natural gas is expected to open 3 cents higher Wednesday morning at $2.03 as traders adjust positions ahead of what is expected to be a supportive inventory report Thursday. Overnight oil markets fell.
April 13, 2016
NatGas Cash Mostly Steady, But May Futures Back Above $2
Physical gas for Thursday delivery moved little in Wednesday’s trading as firm quotes in the Rockies, California, and Texas were able to offset weakness in the Northeast. The NGI National Spot Gas Average shed a penny to $1.84, and weakness in the East was driven by a soft next-day power pricing environment.
April 13, 2016
No Weather Events of Importance, But May Seen 3 Cents Higher
May natural gas is expected to open 3 cents higher Wednesday morning at $2.03 as traders adjust positions ahead of what is expected to be a supportive inventory report Thursday. Overnight oil markets fell.
April 13, 2016
NatGas Cash Mostly Steady, But May Futures Back Above $2
Physical gas for Thursday delivery moved little in Wednesday’s trading as firm quotes in the Rockies, California, and Texas were able to offset weakness in the Northeast. The NGI National Spot Gas Average shed a penny to $1.84, and weakness in the East was driven by a soft next-day power pricing environment.
April 13, 2016
Analysts Anticipate Trading Range; May Seen 5 Cents Higher
May natural gas is set to open 5 cents higher Tuesday morning at $1.96 as traders largely discount a weather environment that is expected to offer more for market bears than bulls. Overnight oil markets rose.
April 12, 2016
NatGas Cash Gains 7 Cents, Futures Jump 9 Cents; May Back Over $2
Physical natural gas for Wednesday delivery gained ground in Tuesday’s trading, led for the most part by a firm screen and supportive eastern power prices.
April 12, 2016
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