The Latest Breaking News from Nymex

Nat-Gas Prices Plunge on Above-Normal US Weather Forecasts

November Nymex natural gas (NGX24 ) on Wednesday closed down by -0.131 (-5.24%). Nov nat-gas prices Wednesday sold off sharply to a 1-month nearest-futures low on forecasts for mild US autumn weather, which will reduce heating demand for nat-gas. Forecaster Atmospheric G2 said Wednesday that weather models have shifted to...

Barchart · Oct 16, 2024

Nat-Gas Prices Recover on Cold US Weather

November Nymex natural gas (NGX24 ) on Tuesday closed up by +0.004 (+0.16%). Nov nat-gas prices Tuesday recovered from a 1-month nearest-futures low and posted modest gains. Short covering emerged in nat-gas futures Tuesday to push prices higher on forecasts for below-normal temperatures in the central and eastern US this...

Barchart · Oct 15, 2024

Energy in Q3- Where are Prices Heading in Q4 and Beyond?

The energy sector of the commodities market was the worst-performing sector in Q3, posting a double-digit percentage decline. Seasonality and other factors pushed most traditional energy prices lower, with some exceptions.

Barchart · Oct 15, 2024

Nat-Gas Prices Weighed Down by Expectations of Reduced Demand from Hurricane Milton

November Nymex natural gas (NGX24 ) on Tuesday closed down by -0.013 (-0.47%). Nov nat-gas prices Tuesday extended Monday's sharp losses to a 2-week low and closed slightly lower. Nat-gas prices are under pressure on the outlook for demand destruction from Hurricane Milton. The hurricane has strengthened into a powerful...

Barchart · Oct 8, 2024

Precious Metals Q3- What are the Prospects for Q4 and Beyond?

While platinum declined, gold, silver, palladium, and rhodium prices increased in the third quarter. Gold and silver prices moved significantly higher over the first nine months of 2024, while platinum and palladium declined. Rhodium bucked the trend in the PGMs, moving higher from the end of 2023 through the end…

Barchart · Oct 8, 2024

Nat-Gas Prices Fall as Hurricane Milton Threatens Power Demand

November Nymex natural gas (NGX24 ) on Monday closed down by -0.108 (-3.78%). Nov nat-gas prices Monday tumbled to a 2-week low and closed sharply lower on the outlook for demand destruction from Hurricane Milton. The hurricane has strengthened into a powerful Category 5 storm and will likely knock out...

Barchart · Oct 7, 2024

Nat-Gas Prices Retreat on Shift of Tropical Storms Away from the Gulf of Mexico

November Nymex natural gas (NGX24 ) on Friday closed down by -0.116 (-3.91%). Nov nat-gas prices Friday retreated from a 3-3/4 month high and sold off sharply on the outlook for tropical storms to move away from the Gulf of Mexico, easing concern about a disruption to US nat-gas production....

Barchart · Oct 4, 2024

Nat-Gas Prices Rise on Smaller-Than-Expected EIA Stockpile Build

November Nymex natural gas (NGX24 ) on Thursday closed up by +0.084 (+2.91%). Nov nat-gas prices Thursday settled moderately higher after weekly EIA nat-gas stockpiles rose less than expected. EIA nat-gas inventories for the week ended September 27 rose +55 bcf, below expectations of +62 bcf. Nat-gas prices Wednesday posted...

Barchart · Oct 3, 2024

Nat-Gas Prices Erase Early Gains on the Outlook for Larger US Supplies

November Nymex natural gas (NGX24 ) on Wednesday closed down by -0.010 (-0.35%). Nov nat-gas prices Wednesday fell back from a 3-1/2 month high and closed moderately lower. Nat-gas gave up its gains on the outlook for larger US supplies. The Matterhorn Express Pipeline began operations this week in Texas...

Barchart · Oct 2, 2024

Nat-Gas Prices Slip on Increased US Supplies

November Nymex natural gas (NGX24 ) on Tuesday closed down by -0.027 (-0.92%). Nov nat-gas prices Tuesday posted moderate losses on signs of larger US gas supplies. The Matterhorn Express Pipeline began operations in Texas with a design capacity of 2.5 bcf per day. The pipeline will move nat-gas over...

Barchart · Oct 1, 2024