Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here.
or
Menu

Natural Gas Dec '18 (NGZ18)

Get Real-Time Futures
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYMEX]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
All Futures Contracts for [[ item.sessionDateDisplayLong ]]
[[ timeframe ]] futures price quotes as of Fri, Nov 16th, 2018.
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.

cmdty Insider - Natural Gas Market Commentary


Dec Nymex natural gas (NGZ18) on Friday closed up +0.234 (+5.79%). A decline in the dollar index to a 1-week low Friday gave nat-gas prices a boost as did a NOAA forecast for colder-than-normal temperatures across the U.S. northeast from Nov 21-25, which should boost nat-gas demand. The increased demand could further cut into U.S. nat-gas supplies that are already at a 15-year seasonal low and -16% below the 5-year average. Finally, the current below-normal temperatures have interrupted U.S. nat-gas production due to the freezing of gas well heads as U.S. nat-gas production in the lower 48 states in Friday's report dropped to a 1-month low of 83.38 bcf. Dec nat-gas prices surged +32.5% earlier this week to Wednesday's 4-3/4 year nearest-futures high on massive short-covering and on concern that below-normal temperatures in the U.S. would eat into already slim nat-gas supplies.Big Picture Natural Gas Market Factors: Bullish factors include (1) tight U.S. working gas inventories at -16.8% below the 5-year average, (2) strong global natural gas demand due to firm global economic growth and the need to substitute for coal to reduce global CO2 emissions, and (3) significant U.S. LNG export potential. Bearish factors include (1) near-record U.S. natural gas production and forecasts for production growth of +9% in 2018 and +3% in 2019, and (2) China’s 10% tariff on U.S. LNG starting Sep 24 (rising to 25% on Jan 1), which substantially reduces the potential for U.S. LNG exports to China.
  • Crude and Gasoline Market Commentary

    Dec WTI crude oil (CLZ18) on Friday closed unchanged and Jan Brent crude (CBF19) closed up +$0.46 (+0.69%). Dec RBOB gasoline (RBZ18) closed up +2.04...

  • Natural Gas Market Commentary

    Dec Nymex natural gas (NGZ18) on Friday closed up +0.234 (+5.79%). A decline in the dollar index to a 1-week low Friday gave nat-gas prices a boost as...

  • Paragon Investments' Futures File: Natural Gas, British Pound & Soy

    This week's column looks at the wild moves in natural gas, the British Pound, and soybeans.

  • Crude Oil Made A Sneaky B-wave High

    The big decline was overdue, but now it's time to watch for an upward correction.

  • Midday Market Minute

    Actionable ideas for ES, NQ, Crude, Gold, Dollar, ZB and much more.

  • Natural Gas Market Commentary

    Dec Nymex natural gas (NGZ18) this morning is up +0.100 (+2.48%). A decline in the dollar index to a 1-week low this morning is giving a boost to nat-gas...

Add Data Columns to this Table
Learn about our Custom Views
Want to use this as
your default charts setting?
Learn about our Custom Templates
Switch the Market flag
above for targeted data.
Open the menu and switch the
Market flag for targeted data.
Get Streaming Chart Updates
Switch your Site Preferences
to Interactive Chart
Need More Chart Options?
Right-click on the chart to open the Interactive Chart menu.

Free Barchart Webinar