Natural Gas Mar '18 (NGH18)
Natural Gas Futures Market News and Commentary
September Nymex natural gas (NGU26) on Thursday closed down -0.081 (-2.88%).
Nat-gas prices fell sharply on Thursday amid forecasts for cooler US temperatures, potentially reducing nat-gas demand from electricity providers to power air conditioning. The Commodity Weather Group said on Thursday that forecasts trended cooler, shifting away from very hot weather previously forecast for the US South in the coming weeks.
Nat-gas prices extended their losses on Thursday after weekly EIA nat-gas inventories rose more than expected. The EIA reported that nat-gas inventories rose by +16 bcf for the week ended August 14, higher than expectations of +14 bcf.
US (lower-48) dry gas production on Thursday was 112.1 bcf/day (+2.8% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 83.4 bcf/day (+5.7% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 17.5 bcf/day (-2.5% w/w), according to BNEF.
As a bearish facto... Read more
Barchart · Thu Aug 20, 2:15PM CDT
September WTI crude oil (CLU26) closed up +2.00 (+2.33%) on Thursday, and September RBOB gasoline (RBU26) closed up +0.0078 (+0.24%). Crude oil and gasoline...
Barchart · Thu Aug 20, 2:13PM CDT
September Nymex natural gas (NGU26 ) on Thursday closed down -0.081 (-2.88%). Nat-gas prices fell sharply on Thursday amid forecasts for cooler US temperatures,...
MoneyShow · Thu Aug 20, 11:17AM CDT
Canadian stocks are outperforming US equities — but can that momentum continue? Ryan Irvine of Keystone Financial and Philip MacKellar of Contra the...
Barchart · Thu Aug 20, 10:33AM CDT
September WTI crude oil (CLU26) is up +2.03 (+2.37%) today, and September RBOB gasoline (RBU26) is up +0.0008 (+0.02%). Crude oil and gasoline prices are...
Blue Line Futures · Thu Aug 20, 8:30AM CDT
December crude posted a bearish outside day yesterday after the Treasury surprised markets with an accelerated debt buyback plan, shifting borrowing toward...
Barchart · Wed Aug 19, 3:57PM CDT
Bridgewater Associates increased its Shell stake by roughly 390% in the second quarter, raising its holding to 1.53 million shares amid strong cash flow...
Barchart · 9 minutes ago
Despite DTE Energy's underperformance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook...
Barchart · Thu Aug 20, 6:30PM CDT
Bill Ackman's Pershing Square has held shares of Restaurant Brands International for over a decade. QSR stock has a healthy dividend yield of 3.4% but...
Barchart · Thu Aug 20, 5:18PM CDT
Cotton futures posted marginally mixed trade on Thursday, with contracts down 10 points to 44 points higher. Crude oil was up $2.32 with the US dollar...
Barchart · Thu Aug 20, 5:18PM CDT
Lean hog futures saw losses of 25 cents to $1.27 in the front months on Thursday, with the deferreds mixed. USDA’s national base hog price was reported...
Barchart · Thu Aug 20, 5:18PM CDT
Corn futures closed the Thursday session holding onto most of the intraday gains, up 1 to 5 ¾ cents across the front months. The CmdtyView national average...
Barchart · Thu Aug 20, 5:18PM CDT
The wheat complex posted mixed action across the three exchanges on Thursday. Chicago SRW contracts were fractionally to 2 ½ cents higher on the day....
Barchart · Thu Aug 20, 5:18PM CDT
Live cattle futures posted gains of 77 cent to $1.125 at the close, with August 7 cents lower. Cash trade has picked up a few at $355-360 dressed and $226....
Barchart · Thu Aug 20, 5:18PM CDT
Soybeans closed the Thursday session mixed, with contracts down 1 ½ to 2 ½ cents lower across the board. The cmdtyView national average Cash Bean price...