Natural Gas Mini Jun '24 (QGM24)
Natural Gas Mini Futures Market News and Commentary
May Nymex natural gas (NGK26) on Thursday closed down -0.054 (-1.98%).
Nat-gas prices added to this week's losses on Thursday, falling to a 7.5-month nearest-futures low. Â A larger-than-expected build in weekly nat-gas storage levels weighed on prices on Thursday. Â The EIA reported that nat-gas inventories rose by +50 bcf the week ended April 3, above expectations of +48 bcf. Â
Nat-gas prices extended their decline on Thursday amid forecasts for above-normal US spring temperatures, potentially reducing nat-gas heating demand. Â The Commodity Weather Group on Thursday said forecasts shifted warmer, with above-average temperatures expected across the eastern two-thirds of the US through April 23.
Nat-gas prices have some medium-term support on the outlook for tighter global LNG supplies. Â On March 19, Qatar reported "extensive damage" at the world's largest natural gas export plant at Ras Laffan Industrial City. Â Qatar said the attacks by Iran damaged 17% of Ras Laff... Read more
Barchart 1 hour ago
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 Thu Apr 9, 2:20PM CDT
May WTI crude oil (CLK26 ) on Thursday closed up +3.46 (+3.66%), and May RBOB gasoline (RBK26 ) closed down -0.0052 (-0.17%). Crude oil and gasoline prices...
Barchart Thu Apr 9, 2:18PM CDT
May Nymex natural gas (NGK26 ) on Thursday closed down -0.054 (-1.98%). Nat-gas prices added to this week's losses on Thursday, falling to a 7.5-month...
Barchart Thu Apr 9, 10:31AM CDT
May WTI crude oil (CLK26 ) today is up +6.57 (+6.96%), and May RBOB gasoline (RBK26 ) is up +0.0825 (+2.74%). Crude oil and gasoline prices are moving...
Blue Line Futures Thu Apr 9, 8:58AM CDT
Oil moves higher while gold and silver hold steady, with Phil Streible breaking down the key oil contract in focus and the broader market setup on Metals...
Barchart Thu Apr 9, 8:30AM CDT
While a protracted Middle East conflict threatens Eurasia with severe energy deficits, the U.S. economy stands to benefit. Backed by domestic energy self-sufficiency,...
Barchart 2 minutes ago
Taiwan Semiconductor's preliminary Q1 revenue performance shows that the AI boom shows no signs of letting up. The pure-play foundry is still plowing forward,...
Barchart 24 minutes ago
BofA sees Marvell and AMD well positioned as AI demand drives the next wave of chip growth.
Barchart 45 minutes ago
Nasdaq, Inc. stock is near a 3-month low. If, indeed, the market has hit a bottom, it makes sense to sell short out-of-the-money (OTM) NDAQ put options....
Barchart 48 minutes ago
Layoffs at GoPro signal a major reset as the company fights weak demand and rising competition.
Barchart 52 minutes ago
May NY world sugar #11 (SBK26 ) today is down -0.11 (-0.79%), and May London ICE white sugar #5 (SWK26 ) is down -1.30 (-0.31%). Sugar prices remain weak...
Barchart 1 hour ago
May ICE NY cocoa (CCK26 ) today is up +68 (+2.15%), and May ICE London cocoa #7 (CAK26 ) is up +49 (+2.07%). Cocoa prices are moving higher today as a...
Barchart 1 hour ago
Barclays raised its price target and upgraded MRVL stock on higher expectations for its optical segment.
Barchart 1 hour ago
May arabica coffee (KCK26 ) today is up +4.05 (+1.38%), and May ICE robusta coffee (RMK26 ) is down -15 (-0.45%). Coffee prices are mixed today, with arabica...
