Natural Gas Jun '22 (NGM22)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Tuesday closed up +0.092 (+2.92%).
Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as US weather forecasts turned hotter, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Tuesday said forecasts shifted warmer, with above-average temperatures expected across the western US through June 30.
Nat-gas also received support on Tuesday amid a rebound in US nat-gas exports, signaling strong foreign demand that could shrink domestic supplies. Nat gas flows to LNG export terminals on Tuesday jumped by +11.4% w/w to a seven-week high of 19.6 bcf/day as seasonal maintenance on export terminals ends and exports resume.
An excessively short position by hedge funds could exacerbate any short-covering rally in nat-gas futures. Last Friday’s weekly Commitment of Traders (COT) report showed funds boosted their short natural gas future position... Read more
Barchart · Tue Jun 16, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed down -4.70 (-5.83%), and July RBOB gasoline (RBN26 ) closed down -0.0667 (-2.26%). Crude oil and gasoline...
Barchart · Tue Jun 16, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Tuesday closed up +0.092 (+2.92%). Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as...
Barchart · Tue Jun 16, 10:32AM CDT
July WTI crude oil (CLN26 ) today is down -3.76 (-4.66%), and July RBOB gasoline (RBN26 ) is down -0.0653 (-2.22%). Crude oil and gasoline prices extended...
Gold Price Forecast · Tue Jun 16, 9:59AM CDT
Plus War's Summary and it's surprising impact on gold.
Wavetraders · Tue Jun 16, 6:50AM CDT
Crude is coming down, breaking out of the range, coming out from an abcde triangle within wave B that we have been tracking for the last two to three months....
Barchart · Mon Jun 15, 2:14PM CDT
July WTI crude oil (CLN26 ) on Monday closed down -4.13 (-4.87%), and July RBOB gasoline (RBN26 ) closed down -0.1026 (-3.36%). Crude oil and gasoline...
Barchart · 1 hour ago
Although Veralto Corporation stock has lagged behind the Dow over the past year, analysts remain moderately bullish about its prospects.
Barchart · Tue Jun 16, 11:27PM CDT
While Principal Financial Group has outperformed its sector peers recently, analysts remain cautious about the stock’s prospects.
Barchart · Tue Jun 16, 6:30PM CDT
Target Corporation raised its quarterly dividend by 1.8% to $1.14 per share, extending its dividend growth streak to 54 consecutive years and maintaining...
Barchart · Tue Jun 16, 4:42PM CDT
Wolfe Research upgrades Palantir stock to “Peer Perform.” Here’s why the firm’s analysts turned bullish on PLTR shares for the remainder of 2026....
Barchart · Tue Jun 16, 4:26PM CDT
The SpaceX IPO may have opened a new chapter for space investing. Between Rocket Lab and Redwire, one has the more intriguing long-term growth story.
Barchart · Tue Jun 16, 4:04PM CDT
Cotton futures saw gains of 35 to 184 point gains across the board on Tuesday. Crude oil was down $4.08 at $76.673. The US dollar index was down $0.071...
Barchart · Tue Jun 16, 4:04PM CDT
The wheat complex posted mixed trade on Tuesday, as the soft red and hard red spreads were unwinding. Chicago SRW contracts were 3 ½ to 6 ¼ cents in...