Natural Gas Nov '18 (NGX18)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Monday closed up +0.015 (+0.56%).
Nat-gas prices rose to a 1.5-week high on Monday and settled higher as US weather forecasts shifted cooler, potentially boosting nat-gas heating demand. Â The Commodity Weather Group said Monday that forecasts shifted colder, with below-average temperatures expected across the Western US from April 25-29 and the eastern half of the US from April 30 to May 4. Â
Last Tuesday, nat-gas prices sank to a 17-month low due to above-normal spring temperatures that have reduced US nat-gas heating demand and expanded storage levels, with nat-gas inventories 5.8% above their 5-year seasonal average as of April 10. 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.... Read more
Barchart · Tue Apr 21, 7:14AM CDT
AES Corporation will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Barchart · Tue Apr 21, 7:10AM CDT
Consolidated Edison will release its first-quarter earnings next month, and analysts anticipate a single-digit bottom-line growth.
Barchart · Mon Apr 20, 2:17PM CDT
May WTI crude oil (CLK26) on Monday closed up +5.76 (+6.87%), and May RBOB gasoline (RBK26 ) closed up +0.1120 (+3.73%). Crude oil and gasoline prices...
Barchart · Mon Apr 20, 2:16PM CDT
May Nymex natural gas (NGK26 ) on Monday closed up +0.015 (+0.56%). Nat-gas prices rose to a 1.5-week high on Monday and settled higher as US weather forecasts...
Barchart · Mon Apr 20, 10:30AM CDT
May WTI crude oil (CLK26 ) today is up +4.87 (+5.81%), and May RBOB gasoline (RBK26 ) is up +0.1140 (+3.79%). Crude oil and gasoline prices are sharply...
Gold Price Forecast · Mon Apr 20, 10:13AM CDT
This is yet another time when gold failed to hold above its 50% retracement, and it has consequences.
Barchart · 3 minutes ago
The Southern Company is set to post its first-quarter results next week, and analysts project a marginal earnings drop.
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