Natural Gas Jul '13 (NGN13)
Natural Gas Futures Market News and Commentary
June Nymex natural gas (NGM26) on Friday closed down -0.111 (-3.68%).
Nat-gas prices on Friday tumbled to a 1-week low and settled sharply lower. Â Forecasts for cooler US weather, which will reduce air-conditioning usage and demand for nat-gas, hammered prices on Friday. Â The Commodity Weather Group said Friday that forecasts shifted cooler, with mostly seasonally normal temperatures expected across the US through May 31. Â a
Projections for higher US nat-gas production are negative for prices. Â Last 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 high in late February.
On April 17, nat-gas prices tumbled to a 1.5-year nearest-futures low amid robust US gas storage. Â EIA nat-gas inventories as of May 8 were +6.5% above their 5-year seasonal average, signaling abundant US nat-gas sup... Read more
Barchart · Sun May 24, 12:57PM CDT
Bloom Energy just landed a $2.6 billion deal with Nebius. Here's why BE stock looks like one of the best AI infrastructure plays right now.
Bull Strangle Newsletter · Sat May 23, 9:30AM CDT
Most traders think of spread direction as simply bullish or bearish. But long-term research revealed something much more important. BUY and SELL structures...
Barchart · Fri May 22, 3:30PM CDT
Tesla’s new China hiring push for Full Self-Driving strengthens its autonomy narrative, even as valuation and execution risks remain elevated.
Barchart · Fri May 22, 2:18PM CDT
July WTI crude oil (CLN26 ) on Friday closed up +0.25 (+0.26%), and July RBOB gasoline (RBN26 ) closed up +0.0756 (+2.31%). Crude oil rebounded from a...
Barchart · Fri May 22, 2:17PM CDT
June Nymex natural gas (NGM26 ) on Friday closed down -0.111 (-3.68%). Nat-gas prices on Friday tumbled to a 1-week low and settled sharply lower. Forecasts...
Barchart · Fri May 22, 10:39AM CDT
July WTI crude oil (CLN26 ) today is up +1.31 (+1.36%), and July RBOB gasoline (RBN26 ) is up +0.0831 (+2.54%). Crude oil rebounded from a 1-week low...
Barchart · 32 minutes ago
Long weighed down by smartphone market stagnation and the impending loss of Apple as a client, Qualcomm is staging a powerful comeback as it transitions...
Barchart · 49 minutes ago
As Illinois Tool Works has considerably underperformed the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about...
Barchart · Sun May 24, 2:00PM CDT
The firm expects the company to reach profitability by 2028.
Barchart · Sun May 24, 1:45PM CDT
Palantir recently became one of the worst mega-cap performers YTD, but can the AI company ride out the storm?
Barchart · Sun May 24, 1:20PM CDT
CoreWeave may still be in the early stages of its growth story.
Barchart · Sun May 24, 12:57PM CDT
Bloom Energy just landed a $2.6 billion deal with Nebius. Here's why BE stock looks like one of the best AI infrastructure plays right now.
Barchart · Sun May 24, 12:00PM CDT
Markets enter the final week of May with a holiday-shortened trading schedule following Memorial Day Monday closure, compressing important economic data...
Barchart · Sun May 24, 12:00PM CDT
Intel just launched a new AI tool called SuperClaw. Already surging 483% this year, will the rise continue?
