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July Natural Gas Futures, Cash Prices Post Solid Gains A hotter shift in forecasts over the holiday weekend, including toasty June temperatures in key demand regions in the Midwest and East, helped propel natural gas futures sharply higher in early trading Tuesday. The July Nymex contract was up 7.2 cents to $3.058/MMBtu at around 8:50 a.m. ET. At A Glance: Forecasts call for stronger domestic demand Cash prices spike at western hubs Natural gas futures recovered on Friday along with stronger export volumes and increased expectations for national cooling demand in June. The July Nymex contrac...

The problem that led to the massive failure of the Texas power system and an estimated...

‘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 gas prices also softened across most of the United States, with early tropical activity dampening de...

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 heat wave, NGI’s Spot Gas National Avg. fell 4.5 cents to $2.645. With the expected burst of heat ...

June Natural Gas Futures Resiliency Fades; Cash Prices Continue Descent A three-day rally for natural gas futures petered out on Friday, as traders took profits after export volumes dipped lower, weather-driven demand eased and cash prices slid for a fourth straight day. The June Nymex contract lost 1.2 cents day/day and settled at $2.961/MMBtu. July fell seven-tenths of a cent to $3.018. NGI’s Spot Gas National Avg. shed 6.5 cents to $2.605. Both the domestic and European weather models Friday showed “a rather bearish pattern the next two weeks as near-perfect highs of 70s and 80s rule m...