Natural Gas Apr '24 (NGJ24)
Natural Gas Futures Market News and Commentary
June Nymex natural gas (NGM26) on Thursday closed up +0.030 (+1.05%).
Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected storage increase. Â The EIA on Thursday reported that nat-gas inventories rose +85 bcf in the week ended May 8, a smaller build than expectations of +91 bcf. Â
Forecasts of above-average US temperatures were also supportive of nat-gs prices. Â The Commodity Weather Group said Thursday that forecasts shifted warmer, with above-average temperatures expected across the Midwest through May 18, potentially boosting nat-gas demand from electricity providers to power increased air-conditioning usage.
Projections for higher US nat-gas production are negative for prices. Â On Tuesday, the EIA raised its forecast for 2026 US dry nat-gas production to 110.61 bcf/day from an April estimate of 109.60 bcf/day. Â US nat-gas production is currently near a record high, with active US nat-gas rigs posting a 2.5-year hi... Read more
Barchart · Fri May 15, 10:28AM CDT
June WTI crude oil (CLM26 ) today is up +3.55 (+3.51%), and June RBOB gasoline (RBM26 ) is up +0.0801 (+2.22%). Crude oil and gasoline prices are moving...
Barchart · Fri May 15, 6:54AM CDT
All it took was one look at Friday morning markets to confirm what the trip by the US contingent to China was all about - Selling ill-gotten oil.
Barchart · Fri May 15, 6:11AM CDT
Phillips 66 has outperformed the broader market over the past year, and analysts are cautiously optimistic about the stock’s prospects.
Barchart · Thu May 14, 2:19PM CDT
June WTI crude oil (CLM26 ) on Thursday closed up +0.15 (+0.15%), and June RBOB gasoline (RBM26 ) closed down -0.0130 (-0.36%). Crude oil and gasoline...
Barchart · Thu May 14, 2:17PM CDT
June Nymex natural gas (NGM26 ) on Thursday closed up +0.030 (+1.05%). Nat-gas prices recovered from early losses on Thursday and settled higher on a smaller-than-expected...
Barchart · Thu May 14, 10:35AM CDT
June WTI crude oil (CLM26 ) today is down -0.19 (-0.19%), and June RBOB gasoline (RBM26 ) is down -0.0534 (-1.48%). Crude oil and gasoline prices are...
Barchart · 22 minutes ago
Optical networking is becoming increasingly relevant, and Marvell has revised its interconnects growth expectations to 50% for FY27.
Barchart · 23 minutes ago
Salesforce's government win adds credibility to its AI push, yet CRM stock still hinges on whether enterprise demand accelerates.
Barchart · 43 minutes ago
Gemini stock rallies as the Winklevoss twins announce a $100 million strategic investment. Q1 earnings also warrant buying GEMI shares at current levels....
Barchart · 45 minutes ago
July NY world sugar #11 (SBN26 ) on Friday closed down -0.19 (-1.27%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -4.40 (-0.99%). Sugar prices...
Barchart · 46 minutes ago
July ICE NY cocoa (CCN26 ) on Friday closed down -187 (-4.46%), and July ICE London cocoa #7 (CAN26 ) closed down -76 (-2.44%). Cocoa prices fell sharply...
Barchart · 48 minutes ago
July arabica coffee (KCN26 ) on Friday closed down -8.80 (-3.19%), and July ICE robusta coffee (RMN26 ) closed down -122 (-3.50%). Coffee prices plummeted...
Barchart · 1 hour ago
POET Technologies stock jumped on a potential $500 million Lumilens deal, though the company’s financial fundamentals still remain weak.
Barchart · 1 hour ago
Advanced Micro is surfing the AI boom. However, Daiwa Securities hints the market’s blistering rally might soon moderate its pace.
