The Latest Breaking News from Natural Gas

Nat-Gas Prices Rally on Continued Scorching Temps in Texas

July Nymex natural gas (NGN23 ) on Wednesday closed up +0.105 (+4.21%) and moved back up towards Tuesday's 1-month high. July nat-gas Wednesday rallied on the continued scorching weather in Texas. Maxar is predicting continued triple-digit temperatures in Texas and that heat could extend to the Southwest, although the 11-15...

Barchart · Jun 21, 2023

Nat-Gas Prices Retreat on Forecasts for Cooler U.S. Temps

July Nymex natural gas (NGN23 ) on Tuesday closed down -0.140 (-5.32%). July nat-gas Tuesday retreated from a 1-month high and closed sharply lower after updated weather forecasts turned cooler for the next week, which would reduce nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said...

Barchart · Jun 20, 2023

Crude Prices Under Pressure from Chinese Energy Demand Concerns

August WTI crude oil (CLQ23 ) this morning is down -1.70 (-2.36%), and Aug RBOB gasoline (RBQ23 ) is down -8.70 (-3.36%). July Nymex natural gas (NGN23 ) is down -0.100 (-3.80%). Crude oil and gasoline prices this morning are moderately lower. A stronger dollar today is bearish for crude...

Barchart · Jun 20, 2023

Crude Prices Remain Firm on Optimism China Will Boost Stimulus

July WTI crude oil (CLN23 ) this morning is up +0.30 (+0.42%), and July RBOB gasoline (RBN23 ) is up +0.71 (+0.27%). July Nymex natural gas (NGN23 ) is up +0.073 (+2.88%). Crude oil and gasoline prices this morning rose to 1-week highs and are moderately higher. Crude prices are...

Barchart · Jun 16, 2023

Nat-Gas Prices Soar on a Smaller Build in EIA Inventories

July Nymex natural gas (NGN23 ) on Thursday closed up +0.191 (+8.16%). July nat-gas Thursday rallied sharply and posted a 3-week high. Nat-gas prices surged Thursday after weekly EIA nat-gas inventories rose only +84 bcf, well below expectations of +94 bcf. A hotter weather forecast that would boost air conditioning...

Barchart · Jun 15, 2023

Crude Rallies on Dollar Weakness and China's Interest Rate Cut

July WTI crude oil (CLN23 ) this morning is up +1.56 (+2.29%), and July RBOB gasoline (RBN23 ) is up +6.80 (+2.66%). July Nymex natural gas (NGN23 ) is up +0.191 (+8.16%). Crude oil and gasoline prices this morning are moderately higher. A slump in the dollar index today to...

Barchart · Jun 15, 2023

Nat-Gas Prices Slightly Higher on Hot Texas Temps

July Nymex natural gas (NGN23 ) on Wednesday closed up +0.002 (+0.09%). July nat-gas Wednesday climbed to a 2-week high and settled slightly higher. Nat-gas has support on the outlook for increased power demand in Texas, the largest nat-gas consuming state. The Electricity Reliability Council of Texas (ERCOT) said Tuesday...

Barchart · Jun 14, 2023

Crude Prices Fall after Weekly EIA Crude Inventories Unexpectedly Climb

July WTI crude oil (CLN23 ) this morning is down -0.60 (-0.86%), and July RBOB gasoline (RBN23 ) is down -0.34 (-0.13%). July Nymex natural gas (NGN23 ) is up +0.003 (+0.09%). Crude oil and gasoline prices this morning are mixed. Crude prices gave up an early advance and moved...

Barchart · Jun 14, 2023

Nat-Gas Prices Surge on Scorching Heat in Texas

July Nymex natural gas (NGN23 ) on Tuesday closed up +0.074 (+3.27%). July nat-gas Tuesday rallied sharply on the outlook for increased power demand in Texas, the largest nat-gas consuming state. The Electricity Reliability Council of Texas (ERCOT) said Tuesday that due to soaring temperatures this week, it expects air-conditioning...

Barchart · Jun 13, 2023

Crude Prices Jump on the Outlook for Additional China Stimulus

July WTI crude oil (CLN23 ) this morning is up +2.02 (+3.01%), and July RBOB gasoline (RBN23 ) is up +6.71 (+2.70%). July Nymex natural gas (NGN23 ) is up +0.072 (+3.18%). Crude oil and gasoline prices this morning are sharply higher. A slump in the dollar index today to...

Barchart · Jun 13, 2023