June Natural Gas Futures Rally Ahead of Expiry; Cash Prices Claw Out Gain
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
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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 inventory report Thursday. The June Nymex contract gained 7.1 cents day/day and rolled off the board aft...
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 cooling demand in the West. Both the American and European weather models on Monday showed cooler shifts b...
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 ahead seven-tenths of a cent to $3.025. NGI’s Spot Gas National Avg. shed 3.5 cents to $2.670. [ The...
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 lost 2.9 cents on Wednesday. July shed eight-tenths of a cent to $2.974 on Thursday. NGI’s Spot G...