Natural Gas Sep '19 (NGU19)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Monday closed up +0.027 (+1.07%).
Nat-gas prices settled higher on Monday as short covering emerged amid colder US weather forecasts, potentially boosting nat-gas heating demand. Â The Commodity Weather Group on Monday said forecasts shifted colder, with below-average temperatures expected across the Northeastern US and Upper Midwest from May 2-11.
Last Friday, nat-gas prices tumbled to a 1.5-year nearest-futures low amid robust US gas storage. Â EIA nat-gas inventories as of April 17 were +7.1% above their 5-year seasonal average, signaling abundant US nat-gas supplies. Â
Projections for higher US nat-gas production are negative for prices. Â On April 7, the EIA raised its forecast for 2026 US dry nat-gas production to 109.59 bcf/day from a March estimate of 109.49 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.
The outlook for the Strait of H... Read more
Barchart · Mon Apr 27, 2:55PM CDT
Oklo is partnering with Nvidia and Los Alamos National Laboratory to develop nuclear-powered AI factories.
Barchart · Mon Apr 27, 2:19PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +1.97 (+2.09%), and June RBOB gasoline (RBM26 ) closed up +0.0372 (+1.12%). Crude oil and gasoline prices...
Barchart · Mon Apr 27, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Monday closed up +0.027 (+1.07%). Nat-gas prices settled higher on Monday as short covering emerged amid colder US weather...
Barchart · Mon Apr 27, 10:31AM CDT
June WTI crude oil (CLM26 ) today is up +2.68 (+2.84%), and June RBOB gasoline (RBM26 ) is up +0.0602 (+1.81%). Crude oil and gasoline prices are sharply...
Bull Strangle Newsletter · Sat Apr 25, 7:07AM CDT
Grain markets typically build into seasonal highs over the coming months, but this year’s rally has been accelerated by geopolitical disruption. With...
WealthUp · Sat Apr 25, 6:00AM CDT
Americans are getting pinched again with gas back above $4. Here are 12 ways to get cheaper fuel or become a more fuel-efficient driver.
Barchart · 2 minutes ago
Although a seemingly inopportune acquisition appears to have cost Boston Scientific dearly, the current valuation of BSX stock may be too enticing to pass...
Barchart · 2 minutes ago
Advanced Micro Devices has significantly outperformed the broader market over the past year, and analysts are highly optimistic about the stock’s prospects....
Barchart · 3 minutes ago
Micron’s stock has gained 557% over the past year on AI demand for memory chips, but it’s still trading at a reasonable valuation.
Barchart · 3 minutes ago
Broadcom's expanded Google Cloud collaboration, combined with the Meta MTIA deal and Anthropic's TPU commitment, reinforces the thesis that AVGO stock...
Barchart · 33 minutes ago
Burry's stake in Microsoft suggests the discount on the software giant is now too big to ignore.
Barchart · 33 minutes ago
Alphabet's first quarter will reflect sustained operational strength in Search, YouTube, and Cloud businesses, driven by advancements in AI.
Barchart · 33 minutes ago
Applied Digital’s massive new hyperscaler deal is reshaping its revenue visibility, giving investors a clearer line of sight into long-term AI infrastructure...
Barchart · 33 minutes ago
Domino's Pizza Inc. stock dropped over 8% on Monday, April 27. The market was disappointed with lower-than-expected Q1 revenue. But its free cash flow...
