Natural Gas Jul '19 (NGN19)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Monday fell -0.082 (-2.54%).
Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell Monday as shifting US weather forecasts to milder conditions in the second half of June could reduce nat-gas demand from electricity providers to generate power for air-conditioning. On Monday, forecaster Vaisala said forecasts shifted cooler in the eastern two-thirds of the US for June 13-17, and forecasts also trended cooler for June 18-22.
The outlook for the Strait of Hormuz to remain closed for the foreseeable future is supportive of nat-gas prices, as the closure has curbed Middle Eastern nat-gas exports, potentially boosting US nat-gas exports to offset the shortfall.Â
US (lower-48) dry gas production on Monday was 112.1 bcf/day (+3.7% y/y), according to BNEF. Lower-48 state gas demand on Monday was 72.4 bcf/day (+8.7% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Monday we... Read more
Barchart · 13 minutes ago
July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher...
Barchart · 14 minutes ago
July Nymex natural gas (NGN26 ) on Monday fell -0.082 (-2.54%). Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell...
Barchart · Mon Jun 8, 10:34AM CDT
July WTI crude oil (CLN26 ) today is up +1.31 (+1.45%), and July RBOB gasoline (RBN26 ) is up +0.0450 (+1.48%). Crude oil prices are moving sharply higher...
Barchart · Mon Jun 8, 8:36AM CDT
Dominion Energy has underperformed the Dow over the past year, and analysts are cautious about the stock’s prospects.
Bull Strangle Newsletter · Sat Jun 6, 10:55AM CDT
Most traders focus on price charts. Spread traders should focus on forward curves. The shape of the forward curve reveals how the market values time, provides...
Barchart · Sat Jun 6, 9:00AM CDT
Americans across multiple states are being urged to conserve water as drought conditions intensify, reservoirs shrink, and utilities issue increasingly...
Barchart · 14 minutes ago
J.P. Morgan has upgraded Chipotle to 'Overweight' forecasting improved comparable sales.
Barchart · 16 minutes ago
July WTI crude oil (CLN26 ) on Monday closed up +0.76 (+0.84%), and July RBOB gasoline (RBN26 ) closed up +0.0247 (+0.81%). Crude oil prices settled higher...
Barchart · 18 minutes ago
July Nymex natural gas (NGN26 ) on Monday fell -0.082 (-2.54%). Nat-gas prices tumbled to a 1-week low on Monday and settled sharply lower. Prices fell...
Barchart · 31 minutes ago
Grains desperately need a hero. What could provide the fix?
Barchart · 1 hour ago
July NY world sugar #11 (SBN26 ) on Monday closed down -0.02 (-0.14%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -1.80 (-0.40%). Sugar prices...
Barchart · 1 hour ago
July ICE NY cocoa (CCN26 ) on Monday closed up +69 (+1.83%), and July ICE London cocoa #7 (CAN26 ) closed up +58 (+2.00%). Cocoa prices settled higher...
Barchart · 1 hour ago
July arabica coffee (KCN26 ) on Monday closed down -0.60 (-0.24%), and July ICE robusta coffee (RMN26 ) closed up +17 (+0.51%). Coffee prices settled...
Barchart · 1 hour ago
Enphase Energy stock rallies as TD Cowen doubles price target to $70. Here’s why analyst Jeff Osborne is bullish on ENPH shares.
