Natural Gas Jul '24 (NGN24)
Natural Gas Futures Market News and Commentary
September Nymex natural gas (NGU26) closed down -0.048 (-1.79%) on Thursday.
Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and settled lower on a larger-than-expected storage build. The EIA reported that nat-gas inventories rose by +33 bcf in the week ended July 31, above expectations of +30 bcf and well above the five-year average of +23 bcf.
Losses in nat-gas prices were contained on Thursday amid forecasts for warmer 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 Thursday that forecasts shifted warmer, with above-average temperatures expected across the Northeast and western US through August 10.
Nat-gas prices also have some negative carryover from Tuesday when Energy Transfer announced that the Hugh Brinson pipeline will be able to operate at its full transportation capacity of 1.5 bcf/day by September 1, allowing m... Read more
AP · 6 minutes ago
Clean Energy Fuels: Q2 Earnings Snapshot
Barchart · Thu Aug 6, 2:13PM CDT
September WTI crude oil (CLU26 ) closed up +2.07 (+2.75%) on Thursday, and September RBOB gasoline (RBU26 ) closed up +0.0997 (+3.51%). Crude oil and gasoline...
Barchart · Thu Aug 6, 2:12PM CDT
September Nymex natural gas (NGU26 ) closed down -0.048 (-1.79%) on Thursday. Nat-gas prices tumbled to a 3.25-month nearest-futures low on Thursday and...
Barchart · Thu Aug 6, 2:00PM CDT
Gasoline is a seasonal fuel, with demand rising during spring and summer and falling during fall and winter. Drivers put more miles on cars during summer,...
MoneyShow · Thu Aug 6, 12:05PM CDT
Anas Alhajji of Energy Outlook Advisors talks about major energy-market drivers – including tensions tied to the Middle East conflict and Bab el-Mandeb....
Barchart · Thu Aug 6, 10:32AM CDT
September WTI crude oil (CLU26 ) is up +1.83 (+2.43%) today, and September RBOB gasoline (RBU26 ) is up +0.0777 (+2.74%). Crude oil and gasoline prices...
Barchart · 59 minutes ago
E.L.F. Beauty shares rally on $50 million tariff refunds and blowout Q2 earnings. Here’s how you should play ELF shares after the quarterly print.
Barchart · 1 hour ago
Kalshi, Polymarket, and other prediction market platforms face an existential threat in the form of legal challenges that suggest their event contracts...
Barchart · 1 hour ago
The S&P 500 Index ($SPX ) (SPY ) closed down -0.18% on Thursday, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.85%, and the Nasdaq 100...
Barchart · 1 hour ago
Fastly stock sinks despite market-beating Q2 earnings and upbeat future guidance. Evercore ISI and KeyBanc analysts recommend buying the dip in FSLY shares...
Barchart · 1 hour ago
Investors should circle August 13 on their calendars as JD.com’s upcoming Q2 earnings report could offer fresh clues about whether its recent momentum...
Barchart · 1 hour ago
The move is expected to benefit Corning's joint venture with Japan's Shin-Etsu Handotai.
Barchart · 1 hour ago
Etsy stock sinks as management announces fresh round of layoffs. Here’s why ETSY shares aren’t worth buying on the dip.
Barchart · Thu Aug 6, 2:34PM CDT
Peloton stock sinks despite recording its first annual profit. Here’s why investors are bailing on PTON shares today.