Natural Gas Prices

Weather models teasing additional January cold helped to rally natural gas futures early Wednesday ahead of front month expiration. The January Nymex contract was up 15.5 cents to $4.210/MMBtu at around 8:50 a.m. ET. After Tuesday’s runs produced warmer trends, weather models shifted colder overnight by “enhancing colder risks” for the eastern half of the…

Natural gas futures held onto the extensive gains they accumulated at the start of the holiday week, slipping only a few pennies on additional warming in the forecast. The January Nymex contract settled Tuesday at $4.055/MMBtu, off only a half-cent from Monday’s close. The February contract slipped 5.7 cents to $3.885. Spot gas prices gathered…

Global natural gas contracts traded on the Intercontinental Exchange (ICE) saw another strong month in November as the market remained tight amid a volatile stretch of trading that has the benchmarks on track to set annual records. Japan-Korea Marker (JKM) futures volumes of 76,567 lots last month took combined futures and options for 2021 to…

Upcoming contract expirations and some wintry weather in the forecast fueled a massive recovery for natural gas futures on Monday. The January Nymex futures contract settled at $4.060/MMBtu, up 32.9 cents from last Thursday’s close. The February contract jumped 31.2 cents to $3.942. Spot gas prices were a mixed bag at the start of the…

Weather-driven demand losses in the latest round of forecasts saw natural gas futures give back some of their recent gains in early trading Tuesday. Coming off a 32.9-cent rally in the previous session, the January Nymex contract was 4.3 cents to $4.017/MMBtu at around 8:50 a.m. ET. The February contract was down 5.5 cents to…

Upcoming contract expirations and some wintry weather in the forecast fueled a massive recovery for natural gas futures on Monday. The January Nymex futures contract settled at $4.060/MMBtu, up 32.9 cents from last Thursday’s close. The February contract jumped 31.2 cents to $3.942. Spot gas prices were a mixed bag at the start of the…

Duke Energy Florida earlier this month proposed an electricity rate hike to mitigate the impact of volatile natural gas prices. The “fuel adjustment” would be tacked onto residential, commercial and industrial power bills from March through at least February 2023, the Duke Energy Corp. subsidiary said. The measure would translate to a $6.62 increase in…

European natural gas prices continued falling Monday after hitting record highs over the last two weeks that pulled liquefied natural gas (LNG) cargoes away from Asia toward the continent in droves.  European natural gas prices had been at a rare premium since Dec. 13, incentivizing traders to divert cargoes toward the continent mid-voyage.  But the…

As forecasts continued to offer signs of a chillier start to 2022, natural gas futures advanced in early trading Monday. The January Nymex contract was up 14.8 cents to $3.879/MMBtu at around 8:50 a.m. ET, albeit well off the $3.979 high reached in off-hours trading over the weekend. At A Glance: EIA shows stocks at…