Natural Gas Jun '24 (NGM24)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Monday closed up +0.020 (+0.62%).
Nat-gas prices rallied to a 3-week nearest-futures high on Monday and settled higher as forecasts for hotter US weather indicate higher nat-gas demand for gas-fired electricity.Â
Forecasts of warmer-than-normal US weather are supportive of nat-gas prices, as warmer temperatures may boost nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Monday said above-average temperatures are expected across most of the US from July 2-6.Â
US (lower-48) dry gas production on Monday was 109.6 bcf/day (+1.5% y/y), according to BNEF. Lower-48 state gas demand on Monday was 71.0 bcf/day (-2.0% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Monday were 19.3 bcf/day (+0.9% w/w), according to BNEF.
Nat-gas prices have medium-term support on the outlook for tighter global LNG supplies. On March 19, Qatar reported “extensive damage... Read more
Barchart · 9 minutes ago
July WTI crude oil (CLN26 ) on Monday closed down -1.78 (-2.32%), and July RBOB gasoline (RBN26 ) closed down -0.0079 (-0.26%). Crude oil and gasoline...
Barchart · 10 minutes ago
July Nymex natural gas (NGN26 ) on Monday closed up +0.020 (+0.62%). Nat-gas prices rallied to a 3-week nearest-futures high on Monday and settled higher...
Barchart · Mon Jun 22, 12:10PM CDT
Oklo reaches agreement with Centrus Energy for HALEU fuel supply starting 2029.
Blue Line Futures · Mon Jun 22, 11:53AM CDT
Crude Oil Fundamentals, Technicals, Actionable Bias, Proprietary Levels
Barchart · Mon Jun 22, 10:37AM CDT
July WTI crude oil (CLN26 ) today is down -1.92 (-2.51%), and July RBOB gasoline (RBN26 ) is down -0.0276 (-0.92%). Crude oil and gasoline prices gave...
Heartland Investor Services Inc. · Mon Jun 22, 10:02AM CDT
EPA data showing renewable fuel production is running below mandated levels is helping support soybean oil prices, keeping the market firm despite weakness...
Barchart · 12 minutes ago
July WTI crude oil (CLN26 ) on Monday closed down -1.78 (-2.32%), and July RBOB gasoline (RBN26 ) closed down -0.0079 (-0.26%). Crude oil and gasoline...
Barchart · 13 minutes ago
July Nymex natural gas (NGN26 ) on Monday closed up +0.020 (+0.62%). Nat-gas prices rallied to a 3-week nearest-futures high on Monday and settled higher...
Barchart · 16 minutes ago
Apple's outgoing CEO says the iPhone maker has tried to absorb rising memory chip costs but can no longer protect customers from the financial pressure....
Barchart · 27 minutes ago
Wheat may need to lead corn and soybean prices higher.
Barchart · 42 minutes ago
Celestica’s growth story is still being underestimated. Investors should keep a close watch.
Barchart · 53 minutes ago
Opendoor Technologies is cutting roles as it shifts toward an AI-driven model with new leadership under CEO Kaz Nejatian.
Barchart · 55 minutes ago
Though Palantir Technologies has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain moderately optimistic about...
Barchart · 55 minutes ago
Coinbase launches pre-IPO perpetual futures for OpenAI and Anthropic. But does that warrant buying COIN shares today?