Natural Gas Prices

Absent a surge in natural gas pipelines and related infrastructure, companies may struggle to get ample supplies to utilities, leaving consumers grappling with either lofty prices or the difficult decision to substantially scale back their energy consumption. Such was the warning from executives and regulators alike during CERAWeek by S&P Global. But they also emphasized…

The April Nymex futures contract traded at $2.520 at 11 a.m. ET on Thursday, up 8.1 cents from the previous day’s close. This was after the U.S. Energy Information Administration (EIA) reported a withdrawal of 58 Bcf natural gas from storage for the week ended March 10. At A Glance: BREAKING: U.S. EIA reports 58…

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 58 Bcf natural gas from storage for the week ended March 10. The result was well below comparable prints of the recent past but close to market expectations. Nymex natural gas futures forged ahead following the EIA result. Ahead of the 10:30 ET…

Natural gas futures attempted to claw back some of their recent losses in early trading Thursday as the market awaited the latest government inventory data. After climbing above $2.500/MMBtu earlier in the hour, the April Nymex contract was trading at $2.456/MMBtu as of around 8:40 a.m. ET, up 0.6 cents. The April contract plunged 13.4…

Natural gas futures faltered on Wednesday, a second-consecutive loss, as analysts anticipated another soft government inventory print and traders started to look past a late-winter surge of cold and toward likely benign spring weather. At A Glance: Analysts see modest storage draw Forecasts call for near-term cold Mixed reads on gas production The April Nymex…

Labor strikes in France that have cutoff the country’s LNG imports have been extended and are poised to stretch into next week. However, the disruptions largely have been brushed aside by the European natural gas trade amid a broader selloff in global energy markets. The General Confederation of Labor (CGT), which represents trade workers, has…

Natural gas futures fell Tuesday despite mounting weather-driven demand and sliding production. Broader market concerns about inflation and panic in the financial sector helped slow momentum. The April Nymex natural gas futures contract shed 3.3 cents day/day and settled at $2.573/MMBtu. May futures fell 3.6 cents to $2.690. The prompt month had rallied 17.6 cents…

Natural gas futures eased lower in early trading Wednesday as the market continued to weigh supportive March cold against a comfortable inventory cushion at this point in the season. The April Nymex contract was off 4.6 cents to $2.527/MMBtu at around 8:45 a.m. ET. Overnight forecast trends were mixed in terms of degree day adjustments,…

Natural gas futures fell Tuesday despite mounting weather-driven demand and sliding production. Broader market concerns about inflation and panic in the financial sector helped slow momentum. The April Nymex natural gas futures contract shed 3.3 cents day/day and settled at $2.573/MMBtu. May futures fell 3.6 cents to $2.690. The prompt month had rallied 17.6 cents…