Natural Gas Mini Sep '14 (QGU14)
Natural Gas Mini Futures Market News and Commentary
July Nymex natural gas (NGN26) on Tuesday closed up +0.092 (+2.92%).
Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as US weather forecasts turned hotter, potentially boosting nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group on Tuesday said forecasts shifted warmer, with above-average temperatures expected across the western US through June 30.
Nat-gas also received support on Tuesday amid a rebound in US nat-gas exports, signaling strong foreign demand that could shrink domestic supplies. Nat gas flows to LNG export terminals on Tuesday jumped by +11.4% w/w to a seven-week high of 19.6 bcf/day as seasonal maintenance on export terminals ends and exports resume.
An excessively short position by hedge funds could exacerbate any short-covering rally in nat-gas futures. Last Friday’s weekly Commitment of Traders (COT) report showed funds boosted their short natural gas future position... Read more
Barchart · Tue Jun 16, 2:14PM CDT
July WTI crude oil (CLN26 ) on Tuesday closed down -4.70 (-5.83%), and July RBOB gasoline (RBN26 ) closed down -0.0667 (-2.26%). Crude oil and gasoline...
Barchart · Tue Jun 16, 2:13PM CDT
July Nymex natural gas (NGN26 ) on Tuesday closed up +0.092 (+2.92%). Nat-gas prices rallied to a 1-week high on Tuesday and settled sharply higher as...
Barchart · Tue Jun 16, 10:32AM CDT
July WTI crude oil (CLN26 ) today is down -3.76 (-4.66%), and July RBOB gasoline (RBN26 ) is down -0.0653 (-2.22%). Crude oil and gasoline prices extended...
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Barchart · Mon Jun 15, 2:14PM CDT
July WTI crude oil (CLN26 ) on Monday closed down -4.13 (-4.87%), and July RBOB gasoline (RBN26 ) closed down -0.1026 (-3.36%). Crude oil and gasoline...
Barchart · 1 hour ago
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Barchart · Tue Jun 16, 4:04PM CDT
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Barchart · Tue Jun 16, 4:04PM CDT
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Barchart · Tue Jun 16, 4:04PM CDT
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