Natural Gas Mar '33 (NGH33)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Monday fell -0.082 (-2.54%).
Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell Monday as shifting US weather forecasts to milder conditions in the second half of June could reduce nat-gas demand from electricity providers to generate power for air-conditioning. On Monday, forecaster Vaisala said forecasts shifted cooler in the eastern two-thirds of the US for June 13-17, and forecasts also trended cooler for June 18-22.
The outlook for the Strait of Hormuz to remain closed for the foreseeable future is supportive of nat-gas prices, as the closure has curbed Middle Eastern nat-gas exports, potentially boosting US nat-gas exports to offset the shortfall.Â
US (lower-48) dry gas production on Monday was 112.1 bcf/day (+3.7% y/y), according to BNEF. Lower-48 state gas demand on Monday was 72.4 bcf/day (+8.7% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Monday we... Read more
Barchart · Mon Jun 8, 2:14PM CDT
July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher...
Barchart · Mon Jun 8, 2:12PM CDT
July Nymex natural gas (NGN26 ) on Monday fell -0.082 (-2.54%). Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell...
Barchart · Mon Jun 8, 10:34AM CDT
July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher...
Barchart · Mon Jun 8, 8:36AM CDT
Dominion Energy has underperformed the Dow over the past year, and analysts are cautious about the stock’s prospects.
Bull Strangle Newsletter · Sat Jun 6, 10:55AM CDT
Most traders focus on price charts. Spread traders should focus on forward curves. The shape of the forward curve reveals how the market values time, provides...
Barchart · Sat Jun 6, 9:00AM CDT
Americans across multiple states are being urged to conserve water as drought conditions intensify, reservoirs shrink, and utilities issue increasingly...
Barchart · 43 minutes ago
Although Ameriprise Financial has considerably underperformed the Dow recently, analysts remain moderately optimistic about the stock’s prospects.
Barchart · 1 hour ago
While Autodesk has considerably underperformed the Nasdaq recently, analysts remain highly optimistic about the stock’s prospects.
Barchart · Mon Jun 8, 8:04PM CDT
While Estée Lauder has exceeded the consumer defensive sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the...
Barchart · Mon Jun 8, 6:30PM CDT
W. R. Berkley raised its regular quarterly dividend by 11.1% to $0.10 and declared a special cash dividend of $0.50 per share, marking its 25th consecutive...
Barchart · Mon Jun 8, 4:52PM CDT
Soybeans saw lower trade for much of Monday, with contracts fractionally to 5 ¾ cents in the red. The cmdtyView national average Cash Bean price was down...
Barchart · Mon Jun 8, 4:52PM CDT
The wheat complex was mixed on Monday, with the winter wheat firmer. Chicago SRW futures saw strength of 1 to 3 ¼ cents across most contracts on Monday....
Barchart · Mon Jun 8, 4:52PM CDT
Cotton futures posted mixed trade of 36 points lower to 13 points higher across most contracts on Monday. The US dollar index was down $0.101 at $99.95....
Barchart · Mon Jun 8, 4:52PM CDT
Live cattle futures were down $2.65 to $4.925 at the Monday close. Cash trade was mainly $256-258 last week, with the early week action thus far compiling...
