Natural Gas Apr '22 (NGJ22)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Tuesday closed down -0.028 (-1.07%).
Nat-gas prices continued their 5-week selloff on Tuesday, dropping to a 17-month low. Â Forecasts for above-normal temperatures that reduce nat-gas heating demand and expand US gas storage levels are weighing on prices. Â The Commodity Weather Group said that above-average temperatures are expected across the eastern two-thirds of the US through April 17, with seasonally normal weather expected across the US from April 18-27.
Projections for higher US nat-gas production are bearish for prices. Â Last Tuesday, 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.
US (lower-48) dry gas production on Tuesday was 110.8 bcf/day (+2.2% y/y), according to BNEF. Â Lower-48 state gas demand on Tuesday was 67.0 bcf/day... Read more
Barchart · Tue Apr 14, 2:18PM CDT
May WTI crude oil (CLK26 ) on Tuesday closed down -7.80 (-7.87%), and May RBOB gasoline (RBK26 ) closed down -0.0765 (-2.46%). Crude oil and gasoline...
Barchart · Tue Apr 14, 2:16PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed down -0.028 (-1.07%). Nat-gas prices continued their 5-week selloff on Tuesday, dropping to a 17-month...
Barchart · Tue Apr 14, 11:18AM CDT
Early Tuesday morning, the IEA reportedly said crude was facing 'demand destruction' due to the US president's War on Iran.
Barchart · Tue Apr 14, 10:33AM CDT
May WTI crude oil (CLK26 ) today is down -5.69 (-5.74%), and May RBOB gasoline (RBK26 ) is down -0.0822 (-2.64%). Crude oil and gasoline prices are sharply...
Barchart · Tue Apr 14, 8:45AM CDT
It has become undeniably clear that the era of traditional price discovery is being crowded out by a new, digital architecture.
Barchart · Tue Apr 14, 7:55AM CDT
Expand Energy will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Barchart · 1 hour ago
Cotton futures closed the Tuesday session with contracts down 11 to 61 points. The US dollar index was $0.278 lower at $97.885. Crude oil was down $7.01...
Barchart · 1 hour ago
Live cattle futures closed the Tuesday session with gains of $1.05 to $2.90 across the board. Last week’s cash trade was at $246-249 in the South, with...
Barchart · 1 hour ago
The wheat complex posted strength across the three exchanges on Tuesday. Chicago SRW futures were 7 1/2 to 10 cents higher on the day. KC HRW futures led...
Barchart · 1 hour ago
Lean hog futures posted Tuesday losses of 5 to 72 cents, as April was steady ahead of the Wednesday expiration. USDA’s national base hog price was reported...
Barchart · 1 hour ago
Corn futures closed out the Tuesday session on a mixed note, with front months up 1 ½ to 2 ¾ cents and other contracts fractionally lower. The CmdtyView...
Barchart · 1 hour ago
Soybeans were lower on Tuesday with contracts down 3 to 6 ½ cents across most months. The cmdtyView national average Cash Bean price was down 4 1/4 cents...
Barchart · Tue Apr 14, 3:33PM CDT
The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.66%, and the Nasdaq 100 Index...
Barchart · Tue Apr 14, 3:00PM CDT
All eyes have been on the energy and defense sectors amid the Iran war, but rare earths should be investors' focus. Here's why.
