Natural Gas Feb '20 (NGG20)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Wednesday closed up +0.025 (+0.93%).
Nat-gas prices climbed to a 2-week high on Wednesday and settled higher. Â The outlook for the Strait of Hormuz to remain closed for the foreseeable future will curb Middle Eastern nat-gas supplies, potentially boosting US nat-gas exports to make up for the shortfall. Â
Gains in nat-gas prices were limited on Wednesday due to the outlook for warmer US weather, which is expected to reduce nat-gas heating demand. Â The Commodity Weather Group said Wednesday that above-average temperatures are expected across the eastern half of the US through April 26. Â Also, an expected larger-than-normal build in US nat-gas storage is bearish for prices. Â The consensus is that Thursday's weekly EIA nat-gas inventories rose by +97 bcf in the week ended April 17, well above the five-year average for the week of +64 bcf. Â
Last Tuesday, nat-gas prices sank to a 17-month low due to above-normal spring temperatures that... Read more
Barchart · Wed Apr 22, 2:19PM CDT
June WTI crude oil (CLM26 ) on Wednesday closed up +3.29 (+3.67%), and June RBOB gasoline (RBM26 ) closed up +0.1201 (+3.84%). Crude oil and gasoline...
Barchart · Wed Apr 22, 2:17PM CDT
May Nymex natural gas (NGK26 ) on Wednesday closed up +0.025 (+0.93%). Nat-gas prices climbed to a 2-week high on Wednesday and settled higher. The outlook...
Barchart · Wed Apr 22, 10:43AM CDT
The Trump administration's decision to preserve federal hydrogen hub funding removes a major regulatory overhang and validates Bloom Energy's long-term...
Barchart · Wed Apr 22, 10:36AM CDT
June WTI crude oil (CLM26 ) today is up +2.55 (+2.84%), and June RBOB gasoline (RBM26 ) is up +0.0882 (+2.82%). Crude oil and gasoline prices are sharply...
Barchart · Tue Apr 21, 2:19PM CDT
May WTI crude oil (CLK26 ) on Tuesday closed up +2.52 (+2.81%), and May RBOB gasoline (RBK26 ) closed up +0.0930 (+2.98%). Crude oil and gasoline prices...
Barchart · Tue Apr 21, 2:17PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.008 (+0.30%). Nat-gas prices on Tuesday erased early losses and moved higher as a rally in crude...
Barchart · 12 minutes ago
As investors panic over a lost contract between Super Micro Computer and Oracle, recent supply chain intelligence suggests a much bigger problem exists...
Barchart · 20 minutes ago
Tapestry is expected to announce its third-quarter results next month, and analysts are projecting a double-digit rise in its EPS.
Barchart · 35 minutes ago
Analysts expect strong iPhone 17 demand to drive positive results for Apple.
Barchart · 41 minutes ago
Insulet Corporation is set to announce its first-quarter earnings next month, and Wall Street expects the company’s EPS to increase by double digits....
Barchart · 50 minutes ago
With all eyes on the May earnings report, will Allbirds trigger a short squeeze and pile pressure on short sellers, or lose momentum just as quickly as...
Barchart · 57 minutes ago
Federal Realty is set to release its first-quarter results next week, with analysts forecasting single-digit growth in earnings.
Barchart · 1 hour ago
As Tesla heads into reporting Q1 earnings, the real story isn’t EV sales, it’s whether its AI, robotaxi, and robotics ambitions can justify its premium...
Barchart · 1 hour ago
Analysts are hiking their price targets ahead of AMD's earnings on May 5th. Is it time to back up the truck?
