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September Natural Gas Futures Flounder Despite Bullish Setup for Balance of Summer; Spot Prices Sag

September Natural Gas Futures Flounder Despite Bullish Setup for Balance of Summer; Spot Prices Sag Share on: LinkedIn Natural gas futures faltered on Friday as traders took profits and markets focused on a near-term shift in weather that is expected to usher in a reprieve from the oppressive heat that has defined the summer to date over much of the Lower 48.   At A Glance: Cooler weather pushes East Supply concerns fester The September Nymex contract dropped 14.5 cents day/day and settled...
United States Steve Blair Mickey Shuman Matt Hagerty Algonquin Citygate Wood Mackenzie

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'Apparent Looseness' in Natural Gas Market Sinks Futures, Cash Prices

‘Apparent Looseness’ in Natural Gas Market Sinks Futures, Cash Prices Widespread heat not yet showing up in weather models Latest EIA stat sets stage for near triple-digit builds in weeks ahead Cash slides as tropical activity being monitored in GOM A rise in production and the sting of bearish storage data sent natural gas futures prices another leg lower on Friday. The June Nymex gas futures contract closed the week at $2.906, off 1.9 cents day/day. July slipped 1.4 cents to $2.977. Spot ...
United States June Nymex Wood Mackenzie Energy Information Administration National Hurricane Center Spot Gas National Avg

Natural Gas Futures, Cash Prices Slide as Summer Heat Remains Elusive

Natural Gas Futures, Cash Prices Slide as Summer Heat Remains Elusive A rise in production and the sting of bearish storage data sent natural gas futures prices another leg lower on Friday. The June Nymex gas futures contract closed the week at $2.906, off 1.9 cents day/day. July slipped 1.4 cents to $2.977. Spot gas prices also softened across most of the United States, with early tropical activity dampening demand along the Gulf Coast. Though East Coast markets firmed a bit ahead of a coming ...
United States June Nymex Wood Mackenzie Energy Information Administration National Hurricane Center Spot Gas National Avg

June Natural Gas Futures Reverse Course, Climb with Exports Steady, Cyberattack Resolution in View

June Natural Gas Futures Reverse Course, Climb with Exports Steady, Cyberattack Resolution in View Natural gas futures on Tuesday bounced back from the prior session’s losses, as export demand and other key fundamentals held strong, while a critical oil pipeline signaled it could restore operations this week following a ransomware attack. The June Nymex contract advanced 2.3 cents day/day and settled at $2.955/MMBtu. July gained 2.1 cents to $2.999. Each had declined 2.6 cents on Monday amid ...
United States White House District Of Columbia June Nymex Louise Dickson Housley Carr

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