Natural Gas Apr '23 (NGJ23)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Tuesday closed up +0.059 (+2.10%).
Nat-gas prices recovered from a 7.5-month nearest-futures low on Tuesday and settled sharply higher. Â Short covering emerged in nat-gas futures on Tuesday due to a cold shift in US weather forecasts, potentially boosting nat-gas heating demand. Â The Commodity Weather Group said Tuesday that forecasts shifted colder, though above-average temperatures are still expected across the eastern half of the US from April 12-16.
Nat-gas prices have some medium-term support on the outlook for tighter global LNG supplies. Â On March 19, Qatar reported "extensive damage" at the world's largest natural gas export plant at Ras Laffan Industrial City. Â Qatar said the attacks by Iran damaged 17% of Ras Laffan's LNG export capacity, Â a damage that will take three to five years to repair. Â The Ras Laffan plant accounts for about 20% of global liquefied natural gas supply, and a reduction in its capacity could boost US nat... Read more
Barchart Tue Apr 7, 3:04PM CDT
For those looking to profit from a collapse in energy prices, the following inverse and leveraged vehicles are the coiled springs of the market.
Barchart Tue Apr 7, 2:39PM CDT
Energy infrastructure and modern defense stocks are emerging as opportunities amid Middle East conflict.
Barchart Tue Apr 7, 2:16PM CDT
May WTI crude oil (CLK26 ) on Tuesday closed up +0.54 (+0.48%), and May RBOB gasoline (RBK26 ) closed down -0.0030 (-0.09%). Crude oil and gasoline prices...
Barchart Tue Apr 7, 2:14PM CDT
May Nymex natural gas (NGK26 ) on Tuesday closed up +0.059 (+2.10%). Nat-gas prices recovered from a 7.5-month nearest-futures low on Tuesday and settled...
Barchart Tue Apr 7, 10:33AM CDT
May WTI crude oil (CLK26 ) today is up +4.13 (+3.67%), and May RBOB gasoline (RBK26 ) is up +0.0210 (+0.63%). Crude oil and gasoline prices are sharply...
Barchart Tue Apr 7, 9:49AM CDT
One of the most notable purchases last week by Ark Invest was OKLO stock.
Barchart Tue Apr 7, 6:30PM CDT
Nike's dividend yield has risen to nearly 4% amid the continued decline in its stock price. Is NKE stock a buy at these levels?
Barchart Tue Apr 7, 4:56PM CDT
Lean hog futures were up 30 cents in the front month April, with other contracts down 35 to 70 cents. USDA’s national base hog price was reported at...
Barchart Tue Apr 7, 4:56PM CDT
Cotton futures closed the session with contracts 28 to 40 points in the red. The US dollar index was $0.375 lower at $99.480. Crude oil was down $2.03...
Barchart Tue Apr 7, 4:56PM CDT
Live cattle futures settled with front month April up 17 cents and other contracts down 50 cents to $1.22. There were no deliveries issued for April on...
Barchart Tue Apr 7, 4:56PM CDT
Soybeans posted Tuesday losses of 6 to 9 cents in the nearby contracts on Tuesday. The cmdtyView national average Cash Bean price was down 8 cents at $10.89...
Barchart Tue Apr 7, 4:56PM CDT
Corn futures were 4 to 5 cents lower on the session. The CmdtyView national average Cash Corn price was down 4 3/4 cents at $4.10 1/2. Crude oil was down...
Barchart Tue Apr 7, 4:00PM CDT
Jefferies believes this commerce stock could actually benefit from AI instead of becoming a victim.
