Header top ad placement

Daily Prices

8/22/24

Natural Gas Futures See-Saw Following Paltry Storage Reading — MidDay Market Snapshot

By Kevin Dobbs

on
Published in: MidDay Price Alert Filed under:

Natural gas futures on Thursday fell early but gained ground through midday trading as a bullish government assessment of supplies in storage overshadowed near-term weakness in weather demand. However, the prompt month then retreated to near even in early afternoon trading. Spot prices slipped.

NGI's midday Henry Hub natural gas price chart

Here’s the latest:

  • September Nymex gas contract down seven-tenths of a cent to $2.105/MMBtu at 2:20 p.m. ET
  • U.S. Energy Information Administration (EIA) posts 21 Bcf injection into underground supply

Related Tags

Kevin Dobbs photo

Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.