Tag NYMEX
After a bit of a wild ride, the June contract pulled back yesterday to a one month low and settled at $1.963 per MMBtu. This marks the fourth month in a row that natural gas settled below $2.00 per MMBtu… Continue Reading →
While many of us are looking forward to the official arrival of spring and sustained warmer temperatures, those in the natural gas industry are beginning to wonder where we are going to put the gas come injection season. Natural gas… Continue Reading →
Natural gas prices continue to trade at a great bargain for consumers. For the 13th consecutive month, the natural gas contract settled below $3 per MMBtu. The February contract settled at $2.189 per MMBtu, the lowest February settlement this market… Continue Reading →
Bearish news continues to dominate the natural gas market. Last week’s natural gas storage report showed an injection of 9 Bcf, putting total storage at 4,009 Bcf as of November 20th, setting a new all-time record. Two days later, the… Continue Reading →
Mild temperatures and strong production drove the November contract to its lowest settle since 1998, rolling off the board at $2.033/MMBtu. The CY2015 NYMEX settlement is now averaging $2.706 per MMBtu, which is the lowest annual average in more than… Continue Reading →
The October 2015 natural gas contract rolled off the board at $2.563 per MMBtu on Monday. Traders pushed the contract as high as seven cents above its Friday’s close, but finally reversed and settled nearly unchanged from the previous trading… Continue Reading →
In yet another unremarkable month of trading, the August 2015 Natural Gas contract closed up 6.5 cents, coming off the board at $2.886 per MMBtu. Warmer weather provided some support for the immediate term. Natural Gas continues to be range-bound,… Continue Reading →
As a milder weather forecast was released, the July contract closed down 7.7 cents, rolling off the board at $2.773 per MMBtu. The August contract was more widely traded and settled down 9.6 cents, to move into the prompt position… Continue Reading →
It was a turbulent month for the June contract, but after peaking at $3.105 per MMBtu, the June contract settled at $2.815 per MMBtu. The month of May brought about a couple of bullish storage reports and a forecast of… Continue Reading →
The May contract rolled off the board last week, settling at $2.517 per MMBtu, 2.8% below the April settle. This is the fourth consecutive month that natural gas has settled below $3 per MMBtu this year and CY2015 settles are… Continue Reading →
Natural gas prices fell lower after the EIA reported a storage injection of 12 Bcf last week. On Friday, March 27th, the April contract settled down 8.2 cents at $2.590 per MMBtu. The third consecutive month that natural gas has… Continue Reading →
Natural gas has continued to trade below $3 per MMBtu as production continues to remain strong and this winter has experienced a much lower demand, especially compared to the previous winter. The March contract settled at $2.894 per MMBtu and… Continue Reading →
On the backs of strong production and low summer demand, the August contract settled at $3.808 per MMBtu. This marks the first month during 2014 that natural gas settled below $4, a 13.5% decline from July’s settle. Below normal temperatures… Continue Reading →
Natural gas prices rose to the highest close since February 26th amid fears that supply won’t rebound fast enough from their lowest levels in 11 years. The May contract settled up 14.8 cents to close at $4.795 per MMBtu. Inventories… Continue Reading →
The April contract was experiencing significant relief with a glimpse of spring temperatures moving across the U.S., until it was time to roll off the board. On March 27th, natural gas futures had their biggest one-day gain since February 19th… Continue Reading →
With colder than normal temperatures blanketing much of the U.S. throughout December, the January contract experienced upward pressure and settled at $4.407 per MMBtu. The month of December brought about very bullish natural gas storage reports with the most recent… Continue Reading →
After three days of rising, the November contract posted its biggest loss in four months, the day ahead of expiration. On Tuesday, October 29th, November dropped another 2.1% to settle at $3.496 per MMBtu. The forecasts for unseasonably warm temperatures… Continue Reading →
The October contract experienced some large swings on Thursday, as it finally settled 0.1% higher at $3.498 per mmBtu. When the EIA natural gas storage report was released at 10:30 a.m. E.T., there was a significant sell-off and the October… Continue Reading →
After posting six-month lows in recent weeks, the September natural gas contract settled higher at $3.567/mmBtu. The September contract expired 3% higher than the August contract settlement, but was still 14% below this year’s peak settlement of $4.152/mmBtu. Above-normal temperatures… Continue Reading →
The natural gas market continued its downward trend and the August contract settled at $3.459/mmBtu. The August contract expired 6.7% below the July contract settlement and 17% below this year’s peak settlement of $4.152/mmBtu. After a somewhat bullish storage report… Continue Reading →
After two months of natural gas settling above $4, the July contract settled at $3.707/mmBtu. The July contract expired 10.6% below the June contract settlement. After multiple weeks of bearish storage reports, weather reports projecting mild temperatures for much of… Continue Reading →