Tag NYMEX
After three straight sessions of natural gas prices declining this week, the June contract settled 2.6 cents lower at $4.148 per mmBtu. The June contract expired .96% below the May contract settlement. The market appears to have already adjusted to… Continue Reading →
The May natural gas contract settled at $4.152 per mmBtu, crossing the $4 mark for the first time since August 2011 settled at $4.370. The colder than expected temperatures continued to increase storage withdrawals, pushing storage levels to below the… Continue Reading →
The April natural gas contract settled at $3.976 per mmBtu, its highest expiration in 18 months. The lingering winter weather and a couple of bullish storage reports propelled this market higher throughout March. This higher pricing has attracted a significant… Continue Reading →
The March natural gas contract experienced significant movement during its last day of trading, settling up 1.3 cents at $3.427/mmBtu. This was its highest price since January 25th. Updated weather forecasts calling for colder-than-normal temperatures into early March lead to… Continue Reading →