Natural Gas Jul '21 (NGN21)
Natural Gas Futures Market News and Commentary
June Nymex natural gas (NGM26) on Wednesday closed up +0.146 (+5.04%).
Nat-gas prices recovered from a 1.5-week low on Wednesday and settled sharply higher after updated US weather forecasts turned warmer, which sparked short covering in nat-gas futures. Â The Commodity Weather Group said Wednesday that above-average temperatures are expected across the western half of the US from June 1-10, which should boost nat-gas demand from electricity providers to power air-conditioning. Â
Projections for higher US nat-gas production are negative for prices. Â On May 12, 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... Read more
Barchart · Wed May 27, 2:21PM CDT
July WTI crude oil (CLN26 ) on Wednesday closed down -5.21 (-5.55%), and July RBOB gasoline (RBN26 ) closed down -0.0798 (-2.54%). Crude oil and gasoline...
Barchart · Wed May 27, 2:19PM CDT
June Nymex natural gas (NGM26 ) on Wednesday closed up +0.146 (+5.04%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled sharply higher...
Barchart · Wed May 27, 10:31AM CDT
July WTI crude oil (CLN26 ) today is down -3.17 (-3.38%), and July RBOB gasoline (RBN26 ) is down -0.0498 (-1.58%). Crude oil and gasoline prices today...
TradingView · Wed May 27, 7:27AM CDT
Investors and professionals remain optimistic about the market’s future, but the underlying fundamentals may be weaker than they look.
Blue Line Futures · Wed May 27, 6:19AM CDT
Dive into today's early market action with the Blue Line Futures Metals Minute! (Episode 668)
Barchart · Tue May 26, 2:20PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed down -2.71 (-2.81%), and July RBOB gasoline (RBN26 ) closed down -0.2046 (-6.10%). Crude oil and gasoline...
Barchart · 16 minutes ago
As FactSet Research Systems has notably lagged the broader market over the past 52 weeks, Wall Street analysts maintain a cautious outlook about the stock’s...
Barchart · 56 minutes ago
Soybeans saw late Wednesday weakness, with contracts closing 1 ¼ lower to 1 ¾ cents higher. The cmdtyView national average Cash Bean price was down 1...
Barchart · 56 minutes ago
Live cattle futures closed Wednesday with contracts $1.70 to $3.35 higher across the board. Cash trade has been limited so far, with last week at $260...
Barchart · 56 minutes ago
The wheat complex saw weakness on Wednesday. Crude oil losses of $4.48 on Wednesday continued to be a pressure factor. Chicago SRW futures were 10 to 13...
Barchart · 56 minutes ago
Lean hog futures closed the Wednesday trade with contracts up 65 cents to $2 in the nearbys and back months 35 cents lower to 25 cents higher. USDA’s...
Barchart · 56 minutes ago
Corn futures posted Wednesday losses of 3 to 5 cents across most contracts. Crude oil losses of $4.48 on Wednesday continued to be a pressure factor. The...
Barchart · 56 minutes ago
Cotton futures posted losses of 33 to 121 points across most contracts on Wednesday. The US dollar index was $0.054 higher at $99.155. Crude oil was down...
Barchart · 59 minutes ago
Deckers Outdoor has underperformed the broader market over the past 52 weeks, yet Wall Street analysts maintain a moderately optimistic outlook about the...
