Articles tagged NYMEX

Natural gas futures found fresh footing on Tuesday, bolstered by intensifying heat and rebounding LNG activity. It marked a bullish premiere for September futures at the front of the curve.

Pressured by milder August weather forecasts and steady production gains, September natural gas futures were trading lower early Tuesday.

August natural gas futures were narrowing losses through midday trading Wednesday, supported by EQT Corp. management saying they would continue to “tactically” curtail output into the fall.

Natural gas futures tumbled in early trading Wednesday after the largest U.S. natural gas producer reaffirmed its 2024 sales volumes, signaling a further unwinding of supply curtailments put in place earlier this year to help balance the market.

August natural gas futures are riding higher before rolling off the board next week with speculator positioning and technical levels providing support.

Natural gas futures moved lower in early trading Tuesday as production levels ticked higher to undercut bullish sentiment from a post-Hurricane Beryl recovery in LNG exports.

Natural gas futures bounced higher in early trading Monday, supported by the continued recovery of a key Texas LNG terminal damaged by former Hurricane Beryl.

Weekly natural gas cash prices drifted lower despite sizzling summer temperatures across much of the Lower 48 and maintenance work in the Permian Basin that temporarily lowered production below the century mark.

With production strong and supplies in storage stout, a mixed demand outlook was not enough to further propel natural gas futures. Global information technology outages also created upheaval as trading commenced on Friday.

Natural gas markets traded on either side of even through midday Friday as traders weighed vying potential bullish and bearish catalysts.