Natural Gas Nov '19 (NGX19)
Natural Gas Futures Market News and Commentary
September Nymex natural gas (NGU26) closed up +0.022 (+0.83%) on Friday.
Nat-gas prices settled higher on Friday as stronger US nat-gas exports draw domestic supplies down. Estimated LNG net flows to US LNG export terminals on Friday were 18.6 bcf/day, the most in 4 weeks.
Forecasts for warmer US weather are also supportive of nat-gas prices, as hotter temperatures could boost nat-gas demand from electricity providers to power an expected increase in air conditioning use. The Commodity Weather Group said on Friday that forecasts shifted warmer, with above-average temperatures expected across the Northeast and western US through August 12.
On Thursday, nat-gas prices tumbled to a 3.25-month nearest-futures low on a larger-than-expected storage build that pushed nat-gas inventories +6.7% above their 5-year seasonal average, a sign of robust supplies.
Nat-gas prices also have some negative carryover from Tuesday when Energy Transfer announced that the Hugh Bri... Read more
Barchart · Fri Aug 7, 5:00PM CDT
Here's what the Citadel boss said about the ugly side of making money, and the psychological lessons for everyday investors.
Best Weather Inc. · Fri Aug 7, 4:09PM CDT
Jim's Video reveals how to play this one out
Barchart · Fri Aug 7, 2:13PM CDT
September WTI crude oil (CLU26 ) closed up +0.89 (+1.15%) on Friday, and September RBOB gasoline (RBU26 ) closed up +0.0468 (+1.59%). Crude oil and gasoline...
Barchart · Fri Aug 7, 2:12PM CDT
September Nymex natural gas (NGU26 ) closed up +0.022 (+0.83%) on Friday. Nat-gas prices settled higher on Friday as stronger US nat-gas exports draw domestic...
Bull Strangle Newsletter · Fri Aug 7, 11:04AM CDT
Geopolitical headlines are creating sharp swings across energy markets. Rather than trying to predict the next move, I'm using a mix of long, short, and...
Barchart · Fri Aug 7, 10:57AM CDT
September WTI crude oil (CLU26 ) is up +0.76 (+0.98%) today, and September RBOB gasoline (RBU26 ) is up +0.0542 (+1.84%). Crude oil and gasoline prices...
Barchart · Sun Aug 9, 4:45AM CDT
As the US fall harvest gets underway, it is time to look at Barchart's Cost of Carry tables to tell us if we need to hold 'em, or fold 'em.
Barchart · Sat Aug 8, 2:30PM CDT
SoFi Plus hit 200K paid members in one quarter. CEO Anthony Noto wants 1 million within a year. Here's why that target matters for SOFI stock.
Barchart · Sat Aug 8, 1:30PM CDT
Jensen Huang addressed the ongoing conflict between Anthropic and the Pentagon, saying he isn't elected and has no right to stand in the way of elected...
Barchart · Sat Aug 8, 1:00PM CDT
Paying for Dexter Shoe with Berkshire Hathaway stock, wrote Buffett, was a ‘financial disaster’ for his company and its shareholders.
Barchart · Sat Aug 8, 12:30PM CDT
Paul Tudor Jones didn't become a Wall Street legend by making bold, exciting trades. He became a legend by prioritizing capital over profit.
Barchart · Sat Aug 8, 10:30AM CDT
Palantir's blockbuster Q2 results has Wall Street divided with valuation fears and growth bulls tussling.
Barchart · Sat Aug 8, 10:15AM CDT
SanDisk delivered record earnings, but investors remain focused on whether the memory boom can last.
Barchart · Sat Aug 8, 10:15AM CDT
AMD beat top and bottom lines, raised guidance, and still got punished. Does the pullback create an attractive entry point for investors?