Natural Gas Oct '24 (NGV24)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Thursday closed down -0.054 (-1.98%).
Nat-gas prices added to this week's losses on Thursday, falling to a 7.5-month nearest-futures low. Â A larger-than-expected build in weekly nat-gas storage levels weighed on prices on Thursday. Â The EIA reported that nat-gas inventories rose by +50 bcf the week ended April 3, above expectations of +48 bcf. Â
Nat-gas prices extended their decline on Thursday amid forecasts for above-normal US spring temperatures, potentially reducing nat-gas heating demand. Â The Commodity Weather Group on Thursday said forecasts shifted warmer, with above-average temperatures expected across the eastern two-thirds of the US through April 23.
Nat-gas prices have some medium-term support on the outlook for tighter global LNG supplies. Â On March 19, Qatar reported "extensive damage" at the world's largest natural gas export plant at Ras Laffan Industrial City. Â Qatar said the attacks by Iran damaged 17% of Ras Laff... Read more
Barchart Thu Apr 9, 2:20PM CDT
May WTI crude oil (CLK26 ) on Thursday closed up +3.46 (+3.66%), and May RBOB gasoline (RBK26 ) closed down -0.0052 (-0.17%). Crude oil and gasoline prices...
Barchart Thu Apr 9, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Thursday closed down -0.054 (-1.98%). Nat-gas prices added to this week's losses on Thursday, falling to a 7.5-month...
Barchart Thu Apr 9, 10:31AM CDT
May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving...
Blue Line Futures Thu Apr 9, 8:58AM CDT
Oil moves higher while gold and silver hold steady, with Phil Streible breaking down the key oil contract in focus and the broader market setup on Metals...
Barchart Thu Apr 9, 8:30AM CDT
While a protracted Middle East conflict threatens Eurasia with severe energy deficits, the U.S. economy stands to benefit. Backed by domestic energy self-sufficiency,...
Barchart Thu Apr 9, 6:30AM CDT
Oil prices and stocks had soared on the escalation of the Iran war, but a two-week ceasefire sent them plummeting. However, regardless of whether the ceasefire...
Barchart Thu Apr 9, 6:30PM CDT
Shell is riding a rare combination of surging oil prices, strong trading gains, and a 25% year‑to‑date stock rally that has pushed SHEL to its best...
Barchart Thu Apr 9, 3:59PM CDT
Soybeans posted gains of ¼ to 4 cents on Thursday, led by the front months. The cmdtyView national average Cash Bean price was up 3 3/4 cents at $10.97...
Barchart Thu Apr 9, 3:59PM CDT
Live cattle futures posted gains of 77 cent to $1.27 at the Thursday close. Cash trade saw some light trade at $246 in the South, steady to up $1 from...
Barchart Thu Apr 9, 3:59PM CDT
Cotton futures closed out the Thursday rally with contracts up 80 to 159 points across most contracts. The outside markets are generally supportive, with...
Barchart Thu Apr 9, 3:59PM CDT
Lean hog futures saw front month April up 47 cents ahead of next week’s expiration, as other contracts were down 25 to 77 cents. USDA’s national base...
Barchart Thu Apr 9, 3:59PM CDT
The wheat complex was weaker on Thursday, following an increased stocks number from USDA. Chicago SRW futures saw losses of 4 ¾ to 7 ¼ cents at the close....
Barchart Thu Apr 9, 3:59PM CDT
Corn futures saw losses on Thursday, with contracts down 1 ½ to 3 ¼ cents. The CmdtyView national average Cash Corn price was down 3 cents at $4.05 1/2....
Barchart Thu Apr 9, 3:49PM CDT
Amazon stock pushed higher as the company revealed plans of selling AI chips and announces $25 billion data center investment in Mississippi. Here’s...
