Natural Gas Feb '31 (NGG31)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Wednesday closed down -0.146 (-5.09%).
Nat-gas prices tumbled to a 7.5-month nearest-futures low on Wednesday and settled sharply lower.  Above-normal US weather forecasts that reduce nat-gas heating demand are weighing on nat-gas prices.  The Commodity Weather Group said that above-average temperatures are  expected across the eastern half of the US over the next two weeks.  Nat-gas prices extended their losses on Wednesday in sympathy with the -15% plunge in crude oil prices after the US and Iran agreed to a ceasefire.
Nat-gas prices have some medium-term support on the outlook for tighter global LNG supplies. Â On March 19, Qatar reported "extensive damage" at the world's largest natural gas export plant at Ras Laffan Industrial City. Â Qatar said the attacks by Iran damaged 17% of Ras Laffan's LNG export capacity, Â a damage that will take three to five years to repair. Â The Ras Laffan plant accounts for about 20% of global liquefied n... Read more
Barchart Wed Apr 8, 2:18PM CDT
May WTI crude oil (CLK26 ) on Wednesday closed down -18.54 (-16.41%), and May RBOB gasoline (RBK26 ) closed down -0.2993 (-9.06%). Crude oil and gasoline...
Barchart Wed Apr 8, 2:16PM CDT
May Nymex natural gas (NGK26 ) on Wednesday closed down -0.146 (-5.09%). Nat-gas prices tumbled to a 7.5-month nearest-futures low on Wednesday and settled...
Blue Line Futures Wed Apr 8, 2:06PM CDT
Oil prices move lower as markets assess how long the weakness may last, with Phil Streible joining Schwab Network to break down one futures contract in...
Barchart Wed Apr 8, 10:48AM CDT
May WTI crude oil (CLK26 ) today is down -17.10 (-15.14%), and May RBOB gasoline (RBK26 ) is down -0.3070 (-9.29%). Crude oil and gasoline prices are...
Barchart Wed Apr 8, 9:28AM CDT
After bouncing back and forth all day Tuesday, algorithms got the headline Tuesday night that the US president had backed off his threat to end Iran's...
TradingView Wed Apr 8, 5:14AM CDT
Iran and the U.S. have agreed to a two-week ceasefire, but it’s still unclear how the talks will turn out since both sides are at odds.
Barchart Wed Apr 8, 6:30PM CDT
The defense major is one of the major players for the US in the Middle East war.
Barchart Wed Apr 8, 4:18PM CDT
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price...
Barchart Wed Apr 8, 4:18PM CDT
Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower...
Barchart Wed Apr 8, 4:18PM CDT
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Cash trade has yet to get kicked off this week, with...
Barchart Wed Apr 8, 4:18PM CDT
Corn futures saw some buying off the early overnight lows, but still managed to close with losses of 1 ¾ to 3 ½ cents. The CmdtyView national average...
Barchart Wed Apr 8, 4:18PM CDT
Soybeans closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting support from meal. The cmdtyView national average Cash...
Barchart Wed Apr 8, 4:18PM CDT
The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents...
Barchart Wed Apr 8, 3:58PM CDT
Bank of America just cut Carvana to "Neutral," warning that an Iran‑driven oil shock could squeeze fuel‑heavy delivery costs and slow the stock’s...
