Natural Gas Apr '19 (NGJ19)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Thursday closed up +0.122 (+3.79%).
Nat-gas prices rallied to a 2.5-week high on Thursday and settled sharply higher on the outlook for hotter US weather, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Thursday said above-average temperatures are expected across the Midwest and Northeast from June 30 to July 4.
Nat-gas prices briefly ticked lower on Thursday after weekly US gas storage levels rose more than expected. The EUA reported that nat-gas inventories rose by +76 bcf last week, above expectations of +69 bcf.Â
US (lower-48) dry gas production on Thursday was 112.0 bcf/day (+3.4% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 72.9 bcf/day (-10.5% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 19.1 bcf/day (+0.8% w/w), according to BNEF.
Projections for higher US nat-gas production... Read more
Barchart · Thu Jun 25, 2:18PM CDT
August WTI crude oil (CLQ26 ) on Thursday closed up +1.58 (+2.25%), and August RBOB gasoline (RBQ26 ) closed up +0.1109 (+3.97%). Crude oil and gasoline...
Barchart · Thu Jun 25, 2:16PM CDT
July Nymex natural gas (NGN26 ) on Thursday closed up +0.122 (+3.79%). Nat-gas prices rallied to a 2.5-week high on Thursday and settled sharply higher...
Barchart · Thu Jun 25, 1:31PM CDT
A 16-gigawatt virtual power deal with Tesla sparked a sharp shift in Sunrun’s growth narrative and investor sentiment.
Barchart · Wed Jun 24, 2:16PM CDT
August WTI crude oil (CLQ26 ) on Wednesday closed down -2.87 (-3.92%), and August RBOB gasoline (RBQ26 ) closed down -0.0669 (-2.34%). Crude oil and gasoline...
Barchart · Wed Jun 24, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Wednesday closed up +0.074 (+2.35%). Nat-gas prices moved higher on Wednesday as US weather forecasts shifted to hotter,...
Blue Line Futures · Wed Jun 24, 10:57AM CDT
Crude continues to weaken as Iran and gulf neighbors, alongside the West, improve relations and take steps towards a lasting peace agreement. While this...
Barchart · 16 minutes ago
Citizens Financial is expected to announce its second-quarter earnings in July, and Wall Street expects the company’s EPS to increase by double digits....
Barchart · 24 minutes ago
With the market coming into a seasonally weak time of year and volatility on the risk, Bear Call Spreads could be an interesting trade to consider.
Barchart · 48 minutes ago
September S&P 500 E-Mini futures (ESU26) are down -0.51%, and September Nasdaq 100 E-Mini futures (NQU26) are down -1.18% this morning as renewed selling...
Barchart · 50 minutes ago
U.S. Bancorp is set to announce its second-quarter earnings next month, and Wall Street expects the company’s EPS to grow by double digits.
Barchart · 1 hour ago
Elevance Health is set to announce its second-quarter earnings soon, and Wall Street expects the company’s EPS to fall by double digits.
Barchart · 1 hour ago
Truist Financial will release its second-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Barchart · 1 hour ago
Fifth Third Bancorp will release its second-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · 1 hour ago
Travelers Companies will release its second-quarter earnings next month, and analysts anticipate a double-digit profit dip.