Natural Gas Feb '32 (NGG32)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Thursday closed up +0.190 (+6.14%).
Nat-gas prices rallied to a 2.5-month nearest-futures high on Thursday and settled sharply higher on a smaller-than-expected weekly storage increase. Â EIA nat-gas inventories rose +92 bcf in the week ended May 22, below expectations of +96 bcf. Â Nat-gas prices added to their gains after updated weather forecasts turned hotter, potentially boosting nat-gas demand from electricity providers to power increased air-conditioning usage. Â The Commodity Weather Group said Thursday that above-average temperatures are expected across the West and Midwest from June 2-11. Â
Projections for higher US nat-gas production are negative for prices. Â On May 12, the EIA raised its forecast for 2026 US dry nat-gas production to 110.61 bcf/day from an April estimate of 109.60 bcf/day. Â US nat-gas production is currently near a record high, with active US nat-gas rigs posting a 2.5-year high in late February.
On April... Read more
Barchart · Fri May 29, 10:31AM CDT
July WTI crude oil (CLN26 ) today is down -1.85 (-2.08%), and July RBOB gasoline (RBN26 ) is down -0.0692 (-2.23%). Crude oil and gasoline prices are...
Blue Line Futures · Fri May 29, 6:30AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 670)
Barchart · Thu May 28, 2:18PM CDT
July WTI crude oil (CLN26 ) on Thursday closed up +0.22 (+0.25%), and July RBOB gasoline (RBN26 ) closed up +0.0339 (+1.11%). Crude oil and gasoline prices...
Barchart · Thu May 28, 2:17PM CDT
July Nymex natural gas (NGN26 ) on Thursday closed up +0.190 (+6.14%). Nat-gas prices rallied to a 2.5-month nearest-futures high on Thursday and settled...
Barchart · Thu May 28, 11:36AM CDT
July WTI crude oil (CLN26 ) today is up +0.37 (+0.42%), and July RBOB gasoline (RBN26 ) is up +0.0168 (+0.55%). Crude oil and gasoline prices recovered...
Blue Line Futures · Thu May 28, 6:31AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 669)
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