Natural Gas Prices

Natural gas futures forged ahead Friday, boosted by colder forecasts and expectations for back-to-back bullish storage prints relative to historic norms. The April Nymex gas futures contract settled at $2.216/MMBtu, up 6.2 cents day/day. May rose 7.8 cents to $2.361. At A Glance: Bullish storage print in cards Supplies hold at robust levels Week-ahead weather…

Against a consistent backdrop of lackluster natural gas demand, robust production, lagging exports and unseasonably high storage inventories, forward prices continued to crumble during the March 16-22 period, according to NGI’s Forward Look. Natural gas fixed prices declined more than 30.0 cents on average for April, with several U.S. locations recording even steeper decreases for…

Natural gas futures flipped positive early Thursday after a government inventory report proved bullish relative to recent years. However, it ultimately was not enough to ease festering supply/demand imbalance concerns. The April Nymex gas futures contract lost 1.7 cents day/day and settled at $2.154/MMBtu. May fell 2.4 cents to $2.283. A day earlier, both shed…

Natural gas futures saw modest gains in early trading Friday as the market continued to mull a surplus-shrinking result from the latest round of government inventory data. The April Nymex contract was up 2.9 cents to $2.183/MMBtu at around 8:50 a.m. ET. The Energy Information Administration (EIA) on Thursday reported a 72 Bcf withdrawal from…

Natural gas futures flipped positive early Thursday after a government inventory report proved bullish relative to recent years. However, it ultimately was not enough to ease festering supply/demand imbalance concerns. At A Glance: EIA prints 72 Bcf withdrawal Spring weather blossoming Production holds steady, stout The April Nymex gas futures contract lost 1.7 cents day/day…

Against a consistent backdrop of lackluster natural gas demand, robust production, lagging exports and unseasonably solid storage inventories, forward prices continued to crumble during the March 16-22 period, according to NGI’s Forward Look. Natural gas fixed prices declined more than 30.0 cents on average for April, with several U.S. locations recording even steeper decreases for…

North American natural gas prices are again testing $2.00/MMBtu as the market remains oversupplied amid light demand from a warmer than usual winter. The April New York Mercantile Exchange gas futures contract lost 1.7 cents day/day on Thursday and settled at $2.154. May fell 2.4 cents to $2.283. A day earlier, both shed more than…

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 72 Bcf natural gas from storage for the week ended March 17. The result fell just shy of the median estimates produced by major polls but was bullish relative to recent history, supporting Nymex natural gas futures. At A Glance: BREAKING: U.S. EIA…

The U.S. Energy Information Administration (EIA) on Thursday reported a withdrawal of 72 Bcf natural gas from storage for the week ended March 17. The result fell just shy of the median estimates produced by major polls but was bullish relative to recent history, supporting Nymex natural gas futures. Ahead of the 10:30 ET EIA…