Natural Gas Prices

Weekly natural gas cash prices powered forward as wintry chills and light supplies in the West overshadowed mild temperatures and light heating demand across most of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the March 27-30 period climbed 20.0 cents to $2.520. As the trading week closed, SoCal Border Avg. was up…

Natural gas futures, under pressure throughout the week and most of the past month, finished March on a high note alongside mounting export momentum that offset fading domestic weather demand. At A Glance: Freeport export volumes pop Weather-driven demand fades Texas cash market faces test The May Nymex gas futures contract, after dropping 8.0 cents…

The selloff continued for the majority of U.S. natural gas forward markets in the final week of March as production proved too lofty amid declining weather-driven demand and healthy inventory levels.  The April contract rolled off the board between 10 and 20 cents lower, while the May contract – which took over the prompt-month position…

May natural gas futures moved to the front of the curve for the first time Thursday and took a beating after a bearish storage print affirmed supply/demand imbalance concerns heading into shoulder season. The May Nymex gas futures contract lost 8.0 cents day/day and settled at $2.104/MMBtu. June fell 9.0 cents to $2.358. NGI’s Spot…

Natural gas traders are scrambling to manage volatility and uncertainty in U.S. and global prices, resulting in a frenzy of hedging activity across the markets served by Intercontinental Exchange Inc., aka ICE. The financial futures and physical exchange operator said Thursday (March 30) that open interest across ICE North American natural gas futures had hit…

Natural gas futures hovered close to even in early trading Friday as the market continued to mull spring-time balances following a lighter-than-expected withdrawal in the latest weekly storage data. The May Nymex contract was up 1.1 cents to $2.114/MMBtu at around 8:45 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 47 Bcf…

May natural gas futures moved to the front of the curve for the first time Thursday and took a beating after a bearish storage print affirmed supply/demand imbalance concerns heading into shoulder season. The May Nymex gas futures contract lost 8.0 cents day/day and settled at $2.104/MMBtu. June fell 9.0 cents to $2.358. NGI’s Spot…

On its first day as the prompt month, the May New York Mercantile Exchange natural gas futures contract lost 8.0 cents day/day on Thursday and settled at $2.104/MMBtu. June fell 9.0 cents to $2.358. On Wednesday, April futures fell 3.9 cents day/day to roll off the books at $1.991/MMBtu, the lowest price all month. U.S.…

The selloff continued for the majority of U.S. natural gas forward markets in the final week of March as production proved too lofty amid declining weather-driven demand and healthy inventory levels.  The April contract rolled off the board between 10 and 20 cents lower, while the May contract – which took over the prompt-month position…