Natural Gas Prices

Natural Gas Futures Strengthen on Emerging Storage Concerns

Natural Gas Futures Strengthen on Emerging Storage Concerns

Natural gas futures continued to strengthen Friday as first-of-the-month production data pointed to a steep decline in output, while export demand remained strong. The May Nymex gas futures contract closed the week at $5.720/MMBtu, up 7.8 cents from Thursday’s close. June futures climbed 9.4 cents to $5.795. At A Glance: U.S. demand to be light…

April 4, 2022
Traders Shrug Off Supply Growth, Send Natural Gas Futures Higher Early

Traders Shrug Off Supply Growth, Send Natural Gas Futures Higher Early

As the market weighed signs of production growth against potential storage adequacy concerns heading into the refill season, natural gas futures advanced in early trading Monday. The May Nymex contract was up 8.1 cents to $5.801/MMBtu at around 8:40 a.m. ET. From a technical point of view, the focus remains on whether the May contract…

April 4, 2022
Late-Season Cold Drives Big Premiums for Weekly Natural Gas Cash Prices; War Supports Futures

Late-Season Cold Drives Big Premiums for Weekly Natural Gas Cash Prices; War Supports Futures

With winter overstaying its welcome in the Lower 48, weekly spot natural gas prices charged higher as gas demand increased during the two-day trading period from March 31-April 1, which covered gas deliveries through April 4. Price gains were stout across the country, driving NGI’s Weekly Spot Gas National Avg. up 57.5 cents to $5.285.…

April 1, 2022
Natural Gas Futures Rally Ahead of Mild Weekend as Supply Concerns Simmer

Natural Gas Futures Rally Ahead of Mild Weekend as Supply Concerns Simmer

Natural gas futures continued to strengthen Friday as first-of-the-month production data pointed to a steep decline in output, while export demand remained strong. The May Nymex gas futures contract closed the week at $5.720/MMBtu, up 7.8 cents from Thursday’s close. June futures climbed 9.4 cents to $5.795. At A Glance: Demand seen light for next…

April 1, 2022
April Natural Gas Bidweek Prices Rally on Global Demand, Strong Exports, Vulnerable Supplies

April Natural Gas Bidweek Prices Rally on Global Demand, Strong Exports, Vulnerable Supplies

Natural gas prices advanced in April bidweek trading as markets absorbed the demand impacts of Russia’s war in Ukraine, most notably heightened calls for U.S. exports of liquefied natural gas (LNG). A cold front ushered frosty low temperatures into swaths of the central and eastern United States during the period, as well, bolstering physical gas…

April 1, 2022
Spring Thaw Sends Natural Gas Forward Prices Lower, but War Still Driving Long-Term Strength

Spring Thaw Sends Natural Gas Forward Prices Lower, but War Still Driving Long-Term Strength

Even with Russia’s war in Ukraine raging, U.S. natural gas forward prices took a step down during the March 24-30 period amid thawing spring temperatures and moderating demand, NGI’s Forward Look showed. Benchmark Henry Hub set the tone for the week, with volatility still heightened as global energy markets continued to respond to Russia’s invasion…

April 1, 2022
May Natural Gas Futures Rally a Second Day as Global Supply News Permeates Markets

May Natural Gas Futures Rally a Second Day as Global Supply News Permeates Markets

Natural gas prices seesawed, but always in positive territory, and advanced on Thursday for a second consecutive session. The first storage injection of the year failed to freeze bulls, who have fixated on robust demand for U.S. exports to help address festering global supply challenges. The May Nymex gas futures contract gained 3.7 cents day/day…

April 1, 2022
Market Mulls Early Start to Injection Season as Natural Gas Futures Slide

Market Mulls Early Start to Injection Season as Natural Gas Futures Slide

Natural gas futures retreated in early trading Friday as analysts mulled the balance implications of an early start to injections in the latest government inventory data. The May Nymex contract was down 11.3 cents to $5.529/MMBtu at around 8:50 a.m. ET. Day/day forecast changes were “quite negligible” heading into Friday’s trading, with the American and…

April 1, 2022
Natural Gas Forward Prices Slip as Weather Warms, but War-Led Volatility Continues

Natural Gas Forward Prices Slip as Weather Warms, but War-Led Volatility Continues

Even with Russia’s war in Ukraine raging, U.S. natural gas forward prices retreated a bit during the March 24-30 period amid thawing spring temperatures and moderating demand, NGI’s Forward Look showed. Benchmark Henry Hub set the tone for the week, with volatility still heightened as global energy markets continued to respond to Russia’s invasion of…

March 31, 2022
Early Season Storage Injection Fails to Derail May Natural Gas Futures Momentum

Early Season Storage Injection Fails to Derail May Natural Gas Futures Momentum

Natural gas prices seesawed, but always in positive territory, and advanced on Thursday for a second consecutive session. The first storage injection of the year failed to freeze bulls, who have fixated on robust demand for U.S. exports to help address festering global supply challenges. The May Nymex gas futures contract gained 3.7 cents day/day…

March 31, 2022