Natural Gas Nov '18 (NGX18)
Natural Gas Futures Market News and Commentary
July Nymex natural gas (NGN26) on Thursday fell -0.098 (-3.08%).
Nat-gas prices tumbled to a 2-week low on Thursday and settled sharply lower after weekly US nat-gas supplies rose more than expected. EIA nat-gas inventories rose by +108 bcf the week ended June 5, above expectations of +100 bcf and above the five-year average of +95 bcf.Â
Losses in nat-gas prices accelerated on Thursday amid forecasts for cooler US weather, potentially reducing demand from electricity providers to power increased air-conditioning use. The Commodity Weather Group said Thursday that forecasts are trending cooler, with below-average temperatures expected across the Upper Midwest through June 15.Â
US (lower-48) dry gas production on Thursday was 111.3 bcf/day (+3.2% y/y), according to BNEF. Lower-48 state gas demand on Thursday was 70.3 bcf/day (+1.8% y/y), according to BNEF. Estimated LNG net flows to US LNG export terminals on Thursday were 18.7 bcf/day (+9.5% w/w), according to BN... Read more
Barchart · Thu Jun 11, 2:15PM CDT
July WTI crude oil (CLN26 ) on Thursday closed down -2.32 (-2.58%), and July RBOB gasoline (RBN26 ) closed down -0.0085 (-0.27%). Crude oil and gasoline...
Barchart · Thu Jun 11, 2:14PM CDT
July Nymex natural gas (NGN26 ) on Thursday fell -0.098 (-3.08%). Nat-gas prices tumbled to a 2-week low on Thursday and settled sharply lower after weekly...
Barchart · Thu Jun 11, 10:29AM CDT
July WTI crude oil (CLN26 ) today is up +0.48 (+0.53%), and July RBOB gasoline (RBN26 ) is up +0.0431 (+1.39%). Crude oil and gasoline prices are moving...
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