Natural Gas Jul '18 (NGN18)
Natural Gas Futures Market News and Commentary
September Nymex natural gas (NGU26) closed down -0.027 (-0.97%) on Tuesday.
Nat-gas prices fell from a 2-week high on Tuesday and settled lower. Gas prices gave up early gains and turned lower on Tuesday after the US Energy Information Administration (EIA) projected US nat-gas storage levels to swell to 3,985 bcf at the end of October, the highest level in 10 years and 5% above the five-year average.
Nat-gas prices initially moved higher on Tuesday amid forecasts for hotter US weather, potentially boosting nat-gas demand from electricity providers to power an expected increase in air conditioning use. The Commodity Weather Group said on Tuesday that above-normal temperatures are forecast across the South for August 16-20.
Last Thursday, nat-gas prices tumbled to a 3.5-month nearest-futures low on a larger-than-expected storage build that pushed nat-gas inventories +6.7% above their 5-year seasonal average, a sign of robust supplies.
Nat-gas prices also... Read more
Barchart · Tue Aug 11, 2:15PM CDT
September WTI crude oil (CLU26 ) closed up +1.07 (+1.30%) on Tuesday, and September RBOB gasoline (RBU26 ) closed up +0.0012 (+0.04%). Crude oil and gasoline...
Barchart · Tue Aug 11, 2:14PM CDT
September Nymex natural gas (NGU26 ) closed down -0.027 (-0.97%) on Tuesday. Nat-gas prices fell from a 2-week high on Tuesday and settled lower. Gas...
Barchart · Tue Aug 11, 10:23AM CDT
September WTI crude oil (CLU26 ) is up +0.19 (+0.23%) today, and September RBOB gasoline (RBU26 ) is down -0.0376 (-1.20%). Crude oil and gasoline prices...
Barchart · Tue Aug 11, 10:08AM CDT
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