The Latest Breaking News from Nymex

Nat-Gas Prices Retreat as Weekly EIA Inventories Climb More Than Expected

July Nymex natural gas (NGN24 ) on Thursday closed down -0.094 (-3.53%). July nat-gas prices Thursday dropped to a 2-week low and closed moderately lower after weekly nat-gas inventories rose more than expected. The EIA reported Thursday that nat-gas inventories for the week ended May 24 rose +84 bcf, above...

Barchart · May 30, 2024

Why Did Natural Gas Rally at the Start of the Offseason for Demand?

The end of the natural gas futures market’s annual withdrawal season, when natural gas begins flowing into storage across the U.S., is typically when prices decline to seasonal lows. However, 2024 is becoming anything but an ordinary year in the volatile energy commodity.

Barchart · May 30, 2024

Nat-Gas Prices Fall as US Weather Forecasts Cool

June Nymex natural gas (NGM24 ) on Wednesday closed down -0.097 (-3.75%). June nat-gas prices Wednesday fell to a 1-1/2 week low and closed moderately lower on forecasts for cooler US weather that would reduce nat-gas demand from electricity providers for air-conditioning. Maxar Technologies said Wednesday that forecasts for much...

Barchart · May 29, 2024

Can Platinum and Palladium Recover?

Gold reached a new high in April 2024, and silver rose to nearly $30 per ounce, the highest price since early 2021. Meanwhile, platinum and palladium prices remain under pressure, lagging their precious cousins in 2024.

Barchart · May 23, 2024

Nat-Gas Prices Soar on Hot US Temps and Expectations for a Smaller Inventory Build

June Nymex natural gas (NGM24 ) on Wednesday closed up +0.171 (+6.40%). June nat-gas prices Wednesday rallied to a new 4-month nearest-futures high and closed sharply higher. Nat-gas prices surged Wednesday on forecasts for hot temperatures later this week in Texas, the US Midwest, and the Northeast, which will boost...

Barchart · May 22, 2024

Nat-Gas Prices Soar on Hot US Temps and Expectations of a Smaller Inventory Build

June Nymex natural gas (NGM24 ) on Wednesday closed up +0.171 (+6.40%). June nat-gas prices Wednesday rallied to a new 4-month nearest-futures high and closed sharply higher. Nat-gas prices surged Wednesday on forecasts for hot temperatures later this week in Texas, the US Midwest, and the Northeast, which will boost...

Barchart · May 22, 2024

Nat-Gas Prices Retreat as US Weather Forecasts Cool

June Nymex natural gas (NGM24 ) on Tuesday closed down -0.080 (-2.91%). June nat-gas prices Tuesday fell back from a 4-month nearest-futures high and closed moderately lower. A mixed weather outlook sparked long liquidation in nat-gas prices Tuesday after the Commodity Weather Group said forecasts for the eastern part of...

Barchart · May 21, 2024

Nat-Gas Prices Surge on Southern US Heat

June Nymex natural gas (NGM24 ) on Monday closed up +0.125 (+4.76%). June nat-gas prices Monday rallied sharply to a 4-month nearest-futures high. The outlook for hot temperatures in the southern US that will boost nat-gas demand from electricity providers to power increase air-conditioning usage sparked Monday's rally in nat-gas...

Barchart · May 20, 2024

Nat-Gas Prices Finish Sharply Higher as Oversupply Fears Ease

June Nymex natural gas (NGM24 ) on Friday closed up +0.131 (+5.25%). June nat-gas prices on Friday extended this week's rally to a new 3-3/4 month nearest-futures high. Nat-gas prices rallied Friday on carryover support from Thursday when the EIA reported that weekly nat-gas inventories rose less than expected. That...

Barchart · May 17, 2024

Nat-Gas Rallies on a Lower-Than-Expected Build in Weekly Inventories

June Nymex natural gas (NGM24 ) on Thursday closed up +0.079 (+3.27%). June nat-gas prices on Thursday rallied to a 3-3/4 month nearest-futures high after weekly nat-gas supplies rose less than expected. On Thursday, the EIA reported that nat-gas inventories for the week ended May 10 rose +70 bcf, below...

Barchart · May 16, 2024