Natural Gas Oct '21 (NGV21)
Natural Gas Futures Market News and Commentary
June Nymex natural gas (NGM26) on Tuesday closed down -0.013 (-0.45%).
Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts of below-normal US weather, which will curb nat-gas demand from electricity providers to power air-conditioning. Â The Commodity Weather Group said Tuesday that forecasts shifted cooler, with below-average temperatures expected across the eastern half of the US from May 31 to June 4. Â
Nat-gas prices recovered some of their losses on Tuesday amid signs of strength in US LNG exports. Â Short covering emerged in nat-gas futures on Tuesday on signs that stronger exports are eating into domestic nat-gas stockpiles after gas flows to LNG export terminals jumped +8.8% w/w. 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... Read more
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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 · Tue May 26, 2:19PM CDT
June Nymex natural gas (NGM26 ) on Tuesday closed down -0.013 (-0.45%). Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts...
Barchart · Tue May 26, 10:37AM CDT
July WTI crude oil (CLN26 ) today is down -2.28 (-2.36%), and July RBOB gasoline (RBN26 ) is down -0.1350 (-4.03%). Crude oil and gasoline prices are...
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Barchart · 11 minutes ago
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Barchart · 14 minutes ago
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Barchart · 18 minutes ago
Although Teledyne Technologies Incorporated has lagged the broader market over the past year, Wall Street analysts remain broadly optimistic about the...
Barchart · 21 minutes ago
Although Willis Towers has underperformed the broader market over the past year, Wall Street analysts remain fairly upbeat about the company’s long-term...
Barchart · 22 minutes ago
Soybeans are trading with 5 to 6 cent lower action so far on Wednesday morning. Futures posted fractional losses in some deferred contracts, with the front...
Barchart · 22 minutes ago
Live cattle futures closed with losses of 45 cents to $1.07 in the nearbys and 17 to 45 cent gains in back months. Open interest was down 5,133 contracts...
Barchart · 22 minutes ago
Wheat is trading with continued pressure on the Wednesday morning session, Continued weakness in crude oil is a pressure factor, down another $5/bbl this...
Barchart · 22 minutes ago
Lean hog futures saw mixed trade at Tuesday’s final bell, with June up 37 cents and other contracts down $1.12. USDA’s national base hog price was...
