Natural Gas Mar '26 (NGH26)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Tuesday closed up +0.059 (+2.10%).
Nat-gas prices recovered from a 7.5-month nearest-futures low on Tuesday and settled sharply higher. Â Short covering emerged in nat-gas futures on Tuesday due to a cold shift in US weather forecasts, potentially boosting nat-gas heating demand. Â The Commodity Weather Group said Tuesday that forecasts shifted colder, though above-average temperatures are still expected across the eastern half of the US from April 12-16.
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 natural gas supply, and a reduction in its capacity could boost US nat... Read more
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May WTI crude oil (CLK26 ) on Tuesday closed up +0.54 (+0.48%), and May RBOB gasoline (RBK26 ) closed down -0.0030 (-0.09%). Crude oil and gasoline prices...
Barchart Tue Apr 7, 2:14PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.059 (+2.10%). Nat-gas prices recovered from a 7.5-month nearest-futures low on Tuesday and settled...
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