NGI Data

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

Over the weekend, the celebrated groundhog Punxsutawney Phil foreshadowed an early spring, but natural gas traders have spent the past month wondering when winter will start, much less when it will end.

Over the weekend, the celebrated groundhog Punxsutawney Phil foreshadowed an early spring, but natural gas traders have spent the past month wondering when winter will start, much less when it will end.

Over the weekend, the celebrated groundhog Punxsutawney Phil foreshadowed an early spring, but natural gas traders have spent the past month wondering when winter will start, much less when it will end.

Still facing bearish headwinds from weak winter weather, natural gas futures managed to finish Friday’s trading in positive territory, helped by indications of a tightening supply/demand balance. The March Nymex contract climbed 1.2 cents to settle at $1.841/MMBtu; April settled at $1.886, up 1.4 cents.

With little in the way of winter weather, and with prices already deeply discounted, the natural gas spot market turned in a mostly quiet week of trading during the four-day period ended Jan. 30;NGI’s Weekly Spot GasNational Avg.fell 4.0 cents to $1.750.

Still facing bearish headwinds from weak winter weather, natural gas futures managed to finish Friday’s trading in positive territory, helped by indications of a tightening supply/demand balance. The March Nymex contract climbed 1.2 cents to settle at $1.841/MMBtu; April settled at $1.886, up 1.4 cents.

With little in the way of winter weather, and with prices already deeply discounted, the natural gas spot market turned in a mostly quiet week of trading during the four-day period ended Jan. 30;NGI’s Weekly Spot GasNational Avg.fell 4.0 cents to $1.750.