Natural Gas Apr '18 (NGJ18)
Natural Gas Futures Market News and Commentary
August Nymex natural gas (NGQ26) on Thursday closed down -0.024 (-0.75%).
Nat-gas prices slid to a 2-week low on Thursday and settled lower after weekly US nat-gas storage rose more than expected. The EIA reported that weekly EIA nat-gas inventories rose by +87 bcf in the week ended June 26, above the consensus of +83 bcf.Â
Nat-gas prices maintained their losses on Thursday amid forecasts for cooler US weather, potentially reducing nat-gas demand from electricity providers to power air-conditioning. Â The Commodity Weather Group on Thursday said forecasts shifted cooler, with normal seasonal weather expected across the eastern two-thirds of the US from July 7-16.
US (lower-48) dry gas production on Thursday was 111.7 bcf/day (+2.8% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 79.1 bcf/day (+4.7% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 19.3 bcf/day (+1.5% w/w), according to BNEF.
Proje... Read more
Barchart · Sun Jul 5, 9:00AM CDT
Investors will watch closely for Taiwan Semiconductor's Q2 earnings print coming up in mid-July.
Bull Strangle Newsletter · Sat Jul 4, 9:31AM CDT
Should you trade a traditional two-leg calendar spread or add a third leg? Historical research involving more than 31,000 commodity spread trades reveals...
Blue Line Futures · Fri Jul 3, 8:14AM CDT
***Abbreviated reports until Wednesday July 8th - Wednesday report scheduled for late afternoon - other reports to follow the regular schedule. Update:...
Barchart · Fri Jul 3, 8:00AM CDT
Bloom Energy expanded its partnership with Brookfield Asset Management to a $25 billion financing framework to support rapid fuel-cell-based power deployment...
Barchart · Fri Jul 3, 5:21AM CDT
EQT Corporation will release its second-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Barchart · Thu Jul 2, 2:12PM CDT
August WTI crude oil (CLQ26 ) on Thursday closed up +0.11 (+0.16%), and August RBOB gasoline (RBQ26 ) closed down -0.0279 (-0.95%). Crude oil and gasoline...
Barchart · 37 minutes ago
Meta wants to sell its extra AI horsepower to the highest bidder, and that could shake up the cloud computing pecking order.
Barchart · Sun Jul 5, 12:00PM CDT
The rising demand for CPU-driven infrastructure means Arista Networks is likely to see an increasing demand for its products.
Barchart · Sun Jul 5, 12:00PM CDT
Markets enter a week marked by continued structural shift away from AI and technology stocks toward healthcare and defensive sectors, reflecting persistent...
Barchart · Sun Jul 5, 10:30AM CDT
Seaport Global maintains its "Sell" rating on Nvidia due to balance sheet worries.
Barchart · Sun Jul 5, 10:00AM CDT
After a second quarter that saw the index rally around 15%, following a first quarter in which it lost more than 4%, the playing field has been left with...
Barchart · Sun Jul 5, 10:00AM CDT
Netflix’s next release isn't a series at all. Rather, it is the NFLX earnings report on July 16. Will the numbers revive the rally or leave investors...
Barchart · Sun Jul 5, 9:30AM CDT
Alphabet’s latest AI breakthroughs with Nano Banana 2 Lite and Gemini Omni Flash could boost its growth story. Does that make it a 'Buy' now?
Barchart · Sun Jul 5, 9:00AM CDT
Investors will watch closely for Taiwan Semiconductor's Q2 earnings print coming up in mid-July.