Natural Gas Mar '22 (NGH22)
Natural Gas Futures Market News and Commentary
October Nymex natural gas (NGV26) on Friday closed down -0.026 (-0.89%).
Nat-gas prices settled lower on Friday ahead of Energy Transfer LP’s scheduled start date next week for its Hugh Brinson pipeline in Texas. The pipeline, scheduled to begin service on September 1, will be able to move about 2.2 bcf/day of gas from the Permian Basin to East Texas, potentially boosting domestic nat-gas supplies at Erath, Louisiana, where benchmark US gas futures are traded at the Henry Hub.
Losses in nat-gas prices were limited on Friday ahead of hot US weather next week, which could boost nat-gas demand from electricity providers to power increased air-conditioning use. According to the Commodity Weather Group, above-average temperatures are expected across the eastern two-thirds of the US from September 2-11.
As a positive factor for gas prices, the Edison Electric Institute reported Wednesday that US (lower-48) electricity output in the week ended August 22 rose +6.1% y/y... Read more
Barchart · Fri Aug 28, 2:14PM CDT
October WTI crude oil (CLV26 ) closed down -0.13 (-0.16%) on Friday, and October RBOB gasoline (RBV26 ) closed up +0.0598 (+2.00%). Crude oil and gasoline...
Barchart · Fri Aug 28, 2:13PM CDT
October Nymex natural gas (NGV26 ) on Friday closed down -0.026 (-0.89%). Nat-gas prices settled lower on Friday ahead of Energy Transfer LP’s scheduled...
Barchart · Fri Aug 28, 10:44AM CDT
October WTI crude oil (CLV26 ) is down -0.35 (-0.42%) today, and October RBOB gasoline (RBV26 ) is up +0.0510 (+1.71%). Crude oil and gasoline prices are...
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Barchart · Fri Aug 28, 4:36PM CDT
Corn futures held onto the Friday gains into the close, with contracts settling 1 to 4 cents higher. September rallied 28 ¼ cents on the week, with December...
Barchart · Fri Aug 28, 4:36PM CDT
Lean hog futures were 90 cents to $1.27 higher to close Friday, with October up $1.02 on the week, led by the Friday strength. USDA’s national base hog...
Barchart · Fri Aug 28, 4:36PM CDT
Soybeans posted 14 to 30 cent gains across most contracts on the Friday session. September was up 51 ¼ cents on the week, as November rallied 48 ½ cents....
Barchart · Fri Aug 28, 4:36PM CDT
The wheat complex extended the move to 3-year highs for the winter wheats into the weekend. Chicago SRW contracts rallied 10 ½ to 24 ¼ cents across the...
Barchart · Fri Aug 28, 4:36PM CDT
Cotton futures faced pressure to close the week with Friday losses of 19 to 114 points across the board. December still held up for a weekly gain of 303...
Barchart · Fri Aug 28, 4:36PM CDT
Live cattle futures faced weakness on Friday, with contracts down 45 cents to $1.30, as October fell $6.20 on the week. Cash trade picked up later on Friday...
Barchart · Fri Aug 28, 3:41PM CDT
The S&P 500 Index ($SPX ) (SPY ) closed down by -0.25% on Friday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down by -0.02%, and the Nasdaq...