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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 13.5 cents to $3.485, as next-day prices dropped in the Northeast ahead of an anticipated cool down....

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 ranging from the 90s to 110s, NatGasWeather said. A weather system lingered over the Great Lakes and O...

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 May 27 and June 2 to average $3.076/MMBtu, Forward Look data show. Numerous other hubs, including in...

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