Natural Gas Dec '20 (NGZ20)
Natural Gas Futures Market News and Commentary
June Nymex natural gas (NGM26) on Monday closed up +0.087 (+3.13%).
Nat-gas prices rallied to a 4-week nearest-futures high on Monday and settled sharply higher. Â Nat-gas prices have support on the outlook for below-normal US temperatures in the near term, which could potentially boost nat-gas heating demand. Â Below-average temperatures are expected across much of the US Midwest through May 13, according to the Commodity Weather Group. Â Monday's +4% surge in WTI crude oil prices also provided carry-over support to nat-gas prices.
The outlook for the Strait of Hormuz to remain closed for the foreseeable future is supportive for nat-gas as the closure will curb Middle Eastern nat-gas supplies, potentially boosting US nat-gas exports to make up for the shortfall. Â
On April 17, nat-gas prices tumbled to a 1.5-year nearest-futures low amid robust US gas storage. Â EIA nat-gas inventories as of April 24 were +7.7% above their 5-year seasonal average, signaling abundant U... Read more
Barchart · Tue May 5, 10:29AM CDT
June WTI crude oil (CLM26 ) today is down -4.54 (-4.27%), and June RBOB gasoline (RBM26 ) is down -0.1140 (-3.05%). Crude oil and gasoline prices are...
Blue Line Futures · Tue May 5, 6:32AM CDT
Staying ahead of Gold, Silver, Copper, and the Commodities markets has never been easier
Best Weather Inc. · Mon May 4, 5:13PM CDT
We've seen this before... better pay attention to history
Barchart · Mon May 4, 2:22PM CDT
June WTI crude oil (CLM26 ) on Monday closed up +4.48 (+4.39%), and June RBOB gasoline (RBM26 ) closed up +0.1430 (+3.98%). Crude oil and gasoline prices...
Barchart · Mon May 4, 2:20PM CDT
June Nymex natural gas (NGM26 ) on Monday closed up +0.087 (+3.13%). Nat-gas prices rallied to a 4-week nearest-futures high on Monday and settled sharply...
Barchart · Mon May 4, 10:41AM CDT
June WTI crude oil (CLM26 ) today is up +3.18 (+3.12%), and June RBOB gasoline (RBM26 ) is up +0.1323 (+3.68%). Crude oil and gasoline prices recovered...
Barchart · 1 minute ago
Several widely followed stocks, including GameStop, ranked among Monday’s largest bearish price surprises by volume. With GameStop pursuing an ambitious...
Barchart · 4 minutes ago
Despite Philip Morris’ weak performance relative to the broader market over the past year, Wall Street analysts maintain a moderately optimistic outlook...
Barchart · 12 minutes ago
Recent analyst commentary suggests AMD's upside is limited anyway due to capacity constraints.
Barchart · 15 minutes ago
July NY world sugar #11 (SBN26 ) on Tuesday closed up +0.08 (+0.52%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +5.70 (+1.28%). Sugar prices...
Barchart · 17 minutes ago
July ICE NY cocoa (CCN26 ) on Tuesday closed up +191 (+4.92%), and July ICE London cocoa #7 (CAN26 ) closed up +3.80 (+14.14%). Cocoa prices rallied sharply...
Barchart · 18 minutes ago
July arabica coffee (KCN26 ) on Tuesday closed up +4.25 (+1.49%), and July ICE robusta coffee (RMN26 ) closed up +14 (+0.42%). Coffee prices moved higher...
Barchart · 40 minutes ago
Despite Intellia's severe stock drop from its 2021 peak, Cathie Wood is buying big.
Barchart · 46 minutes ago
While Dell Technologies has outpaced the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s...
