Natural Gas Jan '23 (NGF23)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Friday fell -0.107 (-3.21%).
Nat-gas prices retreated on Friday amid abundant US stockpiles and reduced flows to export terminals, which will further boost US domestic supplies. As of May 29, nat-gas inventories were +5.7% above their 5-year seasonal average, signaling adequate nat-gas supplies. Also, net flows to US LNG export terminals on Friday were just above 17.0 bcf/day, near the lowest level in more than two weeks, which will boost domestic supplies further as seasonal maintenance continues to limit exports.
Forecasts for hot US weather are supportive of nat-gas prices, as warmer weather could boost nat-gas demand from electricity providers to meet the expected increase in air-conditioning use. The Commodity Weather Group on Friday said that US weather forecasts shifted hotter, with above-average temperatures expected across the Midwest and Northeast through June 14.Â
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Barchart · Fri Jun 5, 2:14PM CDT
July WTI crude oil (CLN26 ) on Friday closed down -2.50 (-2.69%), and July RBOB gasoline (RBN26 ) closed up +0.0076 (+0.25%). Crude oil prices settled...
Barchart · Fri Jun 5, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Friday fell -0.107 (-3.21%). Nat-gas prices retreated on Friday amid abundant US stockpiles and reduced flows to export...
Barchart · Fri Jun 5, 10:35AM CDT
July WTI crude oil (CLN26 ) today is down -1.86 (-2.00%), and July RBOB gasoline (RBN26 ) is up +0.0202 (+0.66%). Crude oil prices are under pressure today,...
Barchart · Fri Jun 5, 8:33AM CDT
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Barchart · Thu Jun 4, 2:18PM CDT
July WTI crude oil (CLN26 ) on Thursday closed down -2.98 (-3.10%), and July RBOB gasoline (RBN26 ) closed down -0.0933 (-2.98%). Crude oil prices settled...
Barchart · Thu Jun 4, 2:16PM CDT
July Nymex natural gas (NGN26 ) on Thursday rose +0.122 (+3.80%). Nat-gas prices rallied sharply on Thursday due to a smaller-than-expected increase in...
Barchart · Fri Jun 5, 6:00PM CDT
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Barchart · Fri Jun 5, 5:15PM CDT
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Barchart · Fri Jun 5, 5:13PM CDT
Soybeans faced more weakness to close out the week, as contracts were down 2 to 8 cents on Friday. The weekly move for July was down 65 1/4 cents, with...
Barchart · Fri Jun 5, 5:13PM CDT
Live cattle futures saw weaker midday action though futures pulled off the lows to close up 12 cents to $1.12, as June was up $1.82 this week. Cash trade...
Barchart · Fri Jun 5, 5:13PM CDT
Corn futures saw continued long liquidation heading onto the weekend, with contacts down another 2 ¼ to 7 cents. July was down 29 ½ cents (-45 cents...
Barchart · Fri Jun 5, 5:13PM CDT
Lean hog futures posted Friday losses of 30 cents to $2.80, led by July, as June was down $1.55 this week. USDA’s national base hog price was reported...
Barchart · Fri Jun 5, 5:13PM CDT
The wheat complex saw continued weakness on Friday, though a few contracts did end higher. Chicago SRW futures were 1 ¾ to 6 cents in the red on the day,...
Barchart · Fri Jun 5, 5:13PM CDT
Cotton futures faced outside pressure on Friday, with contracts down 41 to 137 points across the board, with July falling 240 points. The US dollar index...
