The Latest Breaking News from Nymex

Nat-Gas Prices Surge on Forecasts for Hot Temps to Return to East Coast

September Nymex natural gas (NGU23 ) on Monday closed +0.148 (+5.74%). Nat-gas prices Monday rallied sharply to a 1-1/2 week high on the outlook for excessive heat to return to the East Coast, which will boost nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said the...

Barchart · Aug 7, 2023

Is Now the Time to Buy Natural Gas?

Natural gas can be a highly volatile energy commodity in the futures arena. The physical commodity is highly combustible, and the price action can be explosive and implosive at times. In August 2022, U.S. natural gas futures rose to a fourteen-year high. One year later, the price is over 70%…

Barchart · Aug 5, 2023

Nat-Gas Prices Slightly Higher on a Mixed U.S. Weather Outlook

September Nymex natural gas (NGU23 ) on Friday closed +0.012 (+0.47%). Nat-gas prices Friday posted modest gains on a mixed U.S. weather outlook. Forecaster Maxar Technologies said the Midwest will see seasonable to slightly below-normal temperatures from August 9-13, while hot temperatures will stretch from the Southwest to Texas. Lower-48...

Barchart · Aug 4, 2023

Nat-Gas Prices Slip on Forecasts for Cooler East Coast Temps

September Nymex natural gas (NGU23 ) on Monday closed -0.004 (-0.15%). Nat-gas prices Monday closed slightly lower on the outlook for cooler U.S. temperatures, which will curb nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said cooler temperatures are expected to move into the East Coast...

Barchart · Jul 31, 2023

Nat-Gas Prices Rise on the Outlook for Hotter U.S. Temps Next Month

September Nymex natural gas (NGU23 ) on Friday closed +0.043 (+1.66%). Nat-gas prices Friday posted moderate gains on the outlook for hotter weather in the Midwest next month, which will boost nat-gas demand from electricity providers to power increased air conditioning usage. The Commodity Weather Group said forecasts show well...

Barchart · Jul 28, 2023

Nat-Gas Prices Tumble on Ample U.S. Supplies and Cooler U.S. Temps

Aug Nymex natural gas (NGQ23 ) on Thursday closed -0.160 (-6.00%). Nat-gas prices Thursday sold off sharply to a 5-week low on a larger-than-expected build in weekly EIA inventories and forecasts for cooler U.S. temperatures next week, which will curb nat-gas demand from electricity providers to power air conditioning. The...

Barchart · Jul 27, 2023

Nat-Gas Prices Fall Back on the Outlook for Cooler U.S. Temps

Aug Nymex natural gas (NGQ23 ) on Wednesday closed -0.065 (-2.38%). Nat-gas prices Wednesday fell moderately on the outlook for cooler temperatures to move into the U.S., curbing nat-gas demand from electricity providers to power air-conditioning. Forecaster Atmospheric G2 said cooler temperatures are expected to move into the Northeast beginning...

Barchart · Jul 26, 2023

Scorching U.S. Temps Lift Nat-Gas Prices

Aug Nymex natural gas (NGQ23 ) on Tuesday closed +0.045 (+1.68%). Nat-gas prices on Tuesday settled moderately higher as near-record high temperatures this week in the central and southwestern U.S will boost nat-gas demand from electricity providers to increase air-conditioning usage. Nat-gas prices Tuesday also had carryover support from a...

Barchart · Jul 25, 2023

Nat-Gas Prices Slip on Forecasts for Cooler U.S. Temps Next Week

Aug Nymex natural gas (NGQ23 ) on Monday closed -0.028 (-1.03%). Nat-gas prices Monday closed moderately lower losses on forecasts for cooler U.S. temperatures next week, which will curb nat-gas demand from electricity providers to power air-conditioning. Forecaster Atmospheric G2 said cooler temperatures are seen for the central and eastern...

Barchart · Jul 24, 2023

Nat-Gas Prices Weighed Down by Ample U.S. Supplies

Aug Nymex natural gas (NGQ23 ) on Friday closed -0.044 (-1.60%). Nat-gas prices Friday gave up early gains and posted moderate losses on ample U.S. gas supplies, with U.S. nat-gas inventories more than +13% above their 5-year seasonal average. Nat gas prices retreated Friday despite record-high temperatures in the western...

Barchart · Jul 21, 2023