Natural Gas Nov '24 (NGX24)
Natural Gas Futures Market News and Commentary
May Nymex natural gas (NGK26) on Friday closed down -0.022 (-0.82%).
Nat-gas prices tumbled to a fresh 7.5-month nearest-futures low on Friday and settled lower. Â Forecasts for mild US spring weather that could potentially reduce nat-gas heating demand are weighing on prices. Â On Friday, the Commodity Weather Group said forecasts show above-average temperatures across the eastern half of the US through April 19. Â
Projections for higher US nat-gas production are bearish for prices. Â On Tuesday, 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 2.5-year high in late February.
US (lower-48) dry gas production on Friday was 111.3 bcf/day (+3.9% y/y), according to BNEF. Â Lower-48 state gas demand on Friday was 68.3 bcf/day (-9.7% y/y), according to BNEF. Â Estimated LNG net flows to US LNG export terminals... Read more
Barchart Sun Apr 12, 5:21PM CDT
First Solar will release its first-quarter earnings soon, and analysts anticipate a double-digit bottom-line growth.
Bull Strangle Newsletter Sat Apr 11, 12:00PM CDT
The edge in seasonal spreads doesn’t come from finding more trades—it comes from filtering out the wrong ones. This article outlines a practical framework...
Best Weather Inc. Fri Apr 10, 5:49PM CDT
Not since the Suez Canal crisis in 1956, has a single nautical passageway had so much influence on the whole world.
Barchart Fri Apr 10, 2:18PM CDT
May WTI crude oil (CLK26 ) on Friday closed down -1.30 (-1.33%), and May RBOB gasoline (RBK26 ) closed up +0.0366 (+1.22%). Crude oil and gasoline prices...
Barchart Fri Apr 10, 2:17PM CDT
May Nymex natural gas (NGK26 ) on Friday closed down -0.022 (-0.82%). Nat-gas prices tumbled to a fresh 7.5-month nearest-futures low on Friday and settled...
Barchart Fri Apr 10, 10:39AM CDT
May WTI crude oil (CLK26 ) today is up +1.05 (+1.07%), and May RBOB gasoline (RBK26 ) is up +0.0366 (+1.22%). Crude oil and gasoline prices are moving...
Barchart 12 minutes ago
Wheat is trading with contracts rallying double digits in the winter wheat contracts and MPLS following along. The wheat complex is showing mixed trade...
Barchart 12 minutes ago
Lean hog futures posted losses of 37 to 60 cent losses in most contracts on Friday, as April was an exception, up a nickel. June was down 75 cents on the...
Barchart 12 minutes ago
Soybeans are trading with front months down 1 to 2 cents, with deferred contracts up 1 1/2 cents. Futures closed the Friday session with contracts 5 to...
Barchart 12 minutes ago
Corn price action is up 3 to 4 cents in the front months on Monday AM trade. Futures closed out the Friday session with contracts down 1 ¼ to 3 ¾ cents...
Barchart 12 minutes ago
Live cattle futures closed with contracts 27 cents to $2 higher at the close, as April was up $5.57 for the week. Cash trade saw some light trade at $246...
Barchart 12 minutes ago
Cotton price action is up 14 to 25 points early on Monday. Futures saw mixed trade on Friday, as contracts were 7 points lower to 10 points higher. May...
Barchart 45 minutes ago
July soybean meal futures present a buying opportunity on more price strength.
Barchart 49 minutes ago
DuPont de Nemours is expected to announce its first-quarter results soon, and analysts are projecting a double-digit fall in its EPS.
