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Natural Gas Forward Curves Hit Pause After Recent Gains, but Backdrop Increasingly Supportive Shoulder-season doldrums took hold of natural gas forward curves for the trading period ending May 5 as mild weather stole some of the momentum away from strong export demand. June forward prices averaged exactly flat for the period amid a mix of small gains and losses, while the balance of summer (June-October) eked out a modest 1.0-cent increase, according to Slightly stronger gains were seen for th...

Lifted by Exports, May Natural Gas Futures Finish Strong LNG feed gas volumes hovered close to 2021 highs Pipeline exports to Mexico also held strong Forecasters are calling for below-average temperatures Natural gas futures forged higher on Friday, marking the fourth time during the week the prompt month finished in the green. Robust liquefied natural gas (LNG) volumes, coupled with seasonally strong weather-driven demand, fueled the rally.  The May Nymex contract settled at $2.680/MMBtu Frid...

Pressure Eases on Natural Gas Prices, with May Futures Up After Storage Report Natural gas futures prices rebounded Thursday as the government’s weekly inventory report proved bullish, and both weather forecasts and demand for U.S. exports remained favorable. The May Nymex contract settled at $2.658/MMBtu, up 4.0 cents day/day. June gained 3.7 cents to $2.730. NGI’s Spot Gas National Avg. rose 4.5 cents to $2.565, continuing a weeklong rally amid chilly conditions and seasonally strong heat...

Weekly Natural Gas Prices Advance as Temperatures Drop and Heating Demand Mounts In a stretch of trading defined by a barrage of chilly weather systems, weekly cash prices consistently gained ground amid steady heating demand across much of the Lower 48. NGI’s Weekly Spot Gas National Avg. for the April 12-16 period climbed 24.5 cents to $2.495, with cash prices advancing four of the trading week’s five days. The May Nymex natural gas futures contract, meanwhile, also forged ahead and settl...

With Spring Chill and Export Momentum, May Natural Gas Futures Close Week on High Note Natural gas futures forged higher on Friday, marking the fourth time during the week the prompt month finished in the green. Robust liquefied natural gas (LNG) volumes, coupled with seasonally strong weather-driven demand, fueled the rally.   The May Nymex contract settled at $2.680/MMBtu Friday, up 2.2 cents day/day. June advanced 2.4 cents to $2.754. NGI’s Spot Gas National Avg. slipped 2.0 cents to $2....

May Natural Gas Futures Climb Fourth Straight Day on Looming Cold Front Cold front, strong LNG combine to lift natural gas futures again Early estimates point to storage build in high 60s Bcf later this week President Biden to host virtual summit on climate change for global leaders Natural gas futures advanced for a fourth consecutive session on Monday as a bout of chilly spring weather was forecast to sweep across large swaths of the Lower 48, likely providing a boost for demand and cash pric...

Weekly Natural Gas Prices Attempt Rebound After Rough Start and Big Drop in Northeast Weekly natural gas cash prices gave up ground amid mild temperatures and light heating demand across much of the Lower 48 at the start of the week. Spot prices dropped more than 25 cents on Monday and could not make up the deficit despite gains later in the week. NGI’s Weekly Spot Gas National Avg. for the March 8-12 period fell 43.5 cents to $2.510. On Monday, cash prices were down across nearly every regio...

Natural gas futures on Thursday lost ground for the sixth time in seven sessions after the latest federal inventory report disappointed for a second

Absent Demand Drivers, April Natural Gas Futures Falter Fourth Consecutive Day; Cash Prices Fall Natural gas futures on Monday tumbled for a fourth straight day amid mild weather, demand uncertainty and steady production. The April Nymex contract settled at $2.664/MMBtu, down 3.7 cents day/day. May fell 4.1 cents to $2.698. Weak near-term weather demand also weighed on cash prices. NGI’s Spot Gas National Avg. shed 25.5 cents to $2.500. Bespoke Weather Services said that its mid-range forecas...

Mid-range weather outlooks tilted coolerLNG export levels held upCash prices dropped in the Northeast Natural gas futures rallied on Tuesday, climbing on