Natural Gas Prices

Natural gas futures advanced most of Thursday, bolstered by a modestly bullish storage print and lighter production. But with new demand drivers proving elusive, the June Nymex gas futures contract ultimately petered out and settled at $2.190/MMBtu, down one tenth of a cent day/day. July ticked up nine-tenths of a cent to $2.345. Cash prices…

With the market still left waiting for convincing signs of early summer heat, natural gas futures eased lower in early trading Friday. The June Nymex contract was down 2.2 cents to $2.168/MMBtu at around 8:50 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 78 Bcf injection into U.S. natural gas storage facilities…

Natural gas futures advanced most of Thursday, bolstered by a modestly bullish storage print and lighter production. But with new demand drivers proving elusive, the June Nymex gas futures contract ultimately petered out and settled at $2.190/MMBtu, down one tenth of a cent day/day. July ticked up nine-tenths of a cent to $2.345. Cash prices…

Natural gas forward prices found some footing during the May 4-10 period as the majority of U.S. locations were supported by strong power burns and easing production, according to NGI’s Forward Look. Key Northeast markets, however, continued to slide ahead of a multi-week span of mild weather that may expand already plump storage inventories in…

The U.S. Energy Information Administration (EIA) on Thursday reported an injection of 78 Bcf into natural gas storage for the week ended May 5. The result fell within the range of market expectations, leaving Nymex natural gas futures to forge ahead. Ahead of the 10:30 a.m. ET government report, the June futures contract was down…

U.S. LNG exports continued to grow at a faster pace than pipeline deliveries into the country from Canada, which once dominated cross-border traffic in North America.  Liquefied natural gas shipments rose 8.5% to 10.6 Bcf/d last year, up from 9.7 Bcf/d in 2021, according to the U.S. Department of Energy.  The top four LNG destinations…

Natural gas futures snapped a three-day winning streak on Wednesday, giving up ground amid strengthening production, fading demand and weakness in cash markets. The June Nymex gas futures contract lost 7.6 cents day/day and settled at $2.191/MMBtu. July fell 9.1 cents to $2.336. NGI’s Spot Gas National Avg. declined 11.5 cents to $1.660. Forecasts “maintained…

Natural gas futures were down slightly in early trading Thursday as the market prepared to price in the latest government inventory data, expected to show a slightly tighter-than-average build, albeit with a string of triple-digit injections lining up in the subsequent weeks. The June Nymex contract was off 1.2 cents to $2.179/MMBtu at around 8:50…

Natural gas futures snapped a three-day winning streak on Wednesday, giving up ground amid strengthening production, fading demand and weakness in cash markets. The June Nymex gas futures contract lost 7.6 cents day/day and settled at $2.191/MMBtu. July fell 9.1 cents to $2.336. At A Glance: Demand remains moderate Supply levels prove robust 70s Bcf…