Natural Gas Apr '20 (NGJ20)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Tuesday closed up +0.009 (+0.35%).
Nat-gas prices finished higher on Tuesday as the outlook for below-normal US spring temperatures could potentially boost nat-gas heating demand. Â The Commodity Weather Group said Tuesday that below-average temperatures are expected across most of the US through May 2.
Last Friday, nat-gas prices tumbled to a 1.5-year nearest-futures low amid robust US gas storage. Â EIA nat-gas inventories as of April 17 were +7.1% above their 5-year seasonal average, signaling abundant US nat-gas supplies. Â
Projections for higher US nat-gas production are negative for prices. Â On April 7, the EIA raised its forecast for 2026 US dry nat-gas production to 109.59 bcf/day from a March estimate of 109.49 bcf/day. Â US nat-gas production is currently near a record high, with active US nat-gas rigs posting a 2.5-year high in late February.
The outlook for the Strait of Hormuz to remain closed for the foreseeable fut... Read more
Barchart · Tue Apr 28, 2:20PM CDT
June WTI crude oil (CLM26 ) on Tuesday closed up +3.56 (+3.69%), and June RBOB gasoline (RBM26 ) closed up +0.0623 (+1.85%). Crude oil and gasoline prices...
Barchart · Tue Apr 28, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.009 (+0.35%). Nat-gas prices finished higher on Tuesday as the outlook for below-normal US spring...
Barchart · Tue Apr 28, 11:56AM CDT
With Emirati energy infrastructure taking hits from the Iran war, Treasury Secretary Bessent tries to stave off the ‘petroyuan’ era.
Barchart · Tue Apr 28, 10:41AM CDT
June WTI crude oil (CLM26 ) today is up +3.13 (+3.25%), and June RBOB gasoline (RBM26 ) is up +0.0241 (+0.72%). Crude oil and gasoline prices are sharply...
Barchart · Mon Apr 27, 2:55PM CDT
Oklo is partnering with Nvidia and Los Alamos National Laboratory to develop nuclear-powered AI factories.
Barchart · Mon Apr 27, 2:19PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +1.97 (+2.09%), and June RBOB gasoline (RBM26 ) closed up +0.0372 (+1.12%). Crude oil and gasoline prices...
Barchart · 8 minutes ago
Soybeans are trading with 4 to 5 cent gains so far on Wednesday morning. Futures closed the Tuesday session with front months down 1 to 4 ¼ cents in the...
Barchart · 8 minutes ago
Wheat is trading at new highs early on Wednesday, with gains across the board. The wheat complex posted a double digit rally across the three exchanges...
Barchart · 8 minutes ago
Lean hog futures closed the Tuesday session with contracts down 20 to 77 cents. Open interest was up 608 contracts. USDA’s national base hog price was...
Barchart · 8 minutes ago
Live cattle futures posted Tuesday gains of $2.12 to $4.55. Open interest was up 8,650 contracts on Tuesday, suggesting new buying interest. Cash trade...
Barchart · 8 minutes ago
Corn price action is up 1 to 2 ½ cents in the front months early on Wednesday. Futures closed the Tuesday session with contracts 3 ¼ to 6 ½ cents higher,...
Barchart · 8 minutes ago
Cotton are trading with early Wednesday losses of 50 to 60 points. Futures found late strength on Tuesday, with contracts up 1 to 14 points in most front...
Barchart · 59 minutes ago
If you are expecting fireworks as Chairman Powell takes the microphone at the conclusion of his final FOMC meeting as Chair, you will likely be disappointed...
Barchart · 1 hour ago
Though Monster Beverage has outpaced the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s...
