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Small Rebound for June Natural Gas Prices, but Cash Struggles June Nymex recovers early, holds gains as storage deficit seen widening Year/year comparisons extremely favorable for coming months Pipeline maintenance kicks into high gear It took one day, but it appeared to have finally dawned on natural gas futures traders that the latest storage data was bullish after all. Though gains were small on Friday, the June Nymex gas futures contract recovered 2.0 cents day/day to settle at $2.931. The July contract ticked up 1.7 cents to hit $2.978. Spot gas prices, however, continued to retreat amid...

June Natural Gas Prices Recover as Bullish Momentum Lingers It took one day, but it appeared to have finally dawned on natural gas futures traders that the latest storage data was bullish after all. Though gains were small on Friday, the June Nymex gas futures contract recovered 2.0 cents day/day to settle at $2.931. The July contract ticked up 1.7 cents to hit $2.978. Spot gas prices, however, continued to retreat amid the mostly mild weather pattern expected across the country for the next few days. NGI’s Spot Gas National Avg. slipped 7.5 cents to $2.605. Thursday’s Energy Information ...

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 Friday, up 2.2 cents day/day. June advanced 2.4 cents to $2.754. NGI’s Spot GasNational Avg. slipped 2...

Euro Model Seen Colder Overnight as May Natural Gas Futures Advance Colder overnight trends for late April from one of the major weather models saw natural gas futures climb several cents in early trading Friday. The May Nymex contract was up 3.1 cents to $2.689/MMBtu at around 8:50 a.m. ET. The European weather model added 12 heating degree days (HDD) overnight, with colder trends impacting the northern United States early next week through April 26, according to NatGasWeather. For the last ten days of April the European model is now colder than its American counterpart by close to 20 HDD, a...

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 $2.545, marking its first decline in an otherwise strong week for cash prices. LNG feed gas volumes hov...