Page 40 - Socal Border News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 prices. The May Nymex contract settled at $2.561/MMBtu, up 3.5 cents day/day. June climbed 3.8 cents to ...

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 region. They were led lower by plunging prices in response to rising temperatures in the Northeast, where...

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 forecast on Monday had shifted a tad cooler from a previous outlook on Friday, with the potential for colde...

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