Page 19 - Socal Border News Today

August Natural Gas Futures Bounce Back as Inventory Concerns Bubble Up Natural gas futures rebounded on Friday, following three straight daily losses, as traders mulled the potential for paltry levels of stockpiles ahead of the withdrawal season later this year. At A Glance: Storage concerns fuel rebound Northeast cash prices drop The August Nymex contract gained 6.0 cents day/day and settled at $3.674/MMBtu. September advanced 5.7 cents to $3.658. NGI’s Spot Gas National Avg., however, fell ...

Steady Cooling Demand Propels Double-Digit Gain in Weekly Natural Gas Cash Prices Weekly natural gas cash prices forged ahead as heat radiated across much of the Lower 48, keeping air conditioners humming. NGI’s Weekly Spot Gas National Avg. for the July 12-16 period advanced 10.5 cents to $3.615. Demand was fueled during the week by hot upper high pressure that held over the East most of the week with highs of mid-80s to 90s. It was also hot over the West, Texas and the Plains, with highs ra...

Natural Gas Forwards Sizzle as June Heat Jolts Futures Market Forecasts promising toasty temperatures during the second week of June prompted double-digit gains for natural gas forwards prices at numerous Lower 48 hubs during the trading week ended June 2, according to A prominent increase in cooling demand expectations from forecasts over the Memorial Day weekend sent Nymex futures sharply higher in post-holiday trading. Henry Hub fixed prices for July accordingly climbed 11.7 cents between M...

Forecasts promising toasty temperatures during the second week of June prompted double-digit gains for natural gas forwards prices at numerous Lower 48

After a double-digit gain to start the week, natural gas futures retreated a bit Wednesday as a majority of the previously reported production decline

Natural gas futures on Wednesday built on the gains of a day earlier as a favorable shift in the weather-demand outlook offset expectations for a

June Natural Gas Futures Contract Rolls Off Board Following Robust Gain BREAKING: U.S. EIA on Thursday reported an injection of 115 Bcf natural gas into storage for the week ending May 21 The June contract finishes Wednesday with 7-cent gain Storms a wildcard for export volume Natural gas futures on Wednesday built on the gains of a day earlier as a favorable shift in the weather-demand outlook offset expectations for a triple-digit storage injection with the federal government’s pending inve...

Natural Gas Futures Fall, but Spot Prices Bounce Higher Natural gas futures kicked off the trading week Monday on a sour note as forecasted weather demand eased, production ticked up and power burns were light. At A Glance: Forecasts call for stronger domestic demand Cash prices finish rough week on high note The June Nymex contract shed 2.0 cents day/day and settled at $2.886/MMBtu. July fell 1.7 cents to $2.960. NGI’s Spot GasNational Avg. rose 5.5 cents to $2.700, however, lifted by coolin...

June Natural Gas Futures Trade Sideways as Markets Digest Storage Data, Cyberattack Fallout Natural gas futures on Thursday could not break out of a narrow range of gains and losses following a benign government inventory report and ongoing fallout from the ransomware attack on a major pipeline that is vital to the East Coast. The June Nymex contract crept in and out of the green throughout trading Thursday and ultimately settled at $2.973/MMBtu, up four-tenths of a cent day/day. July inched ah...

June Natural Gas Futures Retreat Despite Favorable Inventory Result Futures fell for a second consecutive session EIA reported a storage injection of 60 Bcf Export levels to Mexico held strong Natural gas futures slipped lower for a second consecutive session on Thursday, despite a bullish government inventory print and continued robust demand for both U.S. liquefied natural gas (LNG) and pipeline exports. The June Nymex contract fell 1.0 cent day/day and settled at $2.928/MMBtu. The contract l...