The Latest Breaking News from Nymex

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

Aug Nymex natural gas (NGQ23 ) on Thursday closed -0.048 (-1.81%). Nat-gas prices Thursday moved moderately lower for a third session on the outlook for cooler U.S. temperatures, which will crimp nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said below-normal temperatures are expected in the...

Barchart · Jul 6, 2023

Is Now a Good Time to Buy the Dip in Precious Metals?

The precious metals sector includes the rare commodities trading on the CME’s COMEX and NYMEX divisions. Gold and silver are the most liquid metals and trade on the COMEX. Platinum and palladium are industrial and precious metals that trade on the NYMEX.

Barchart · Jul 6, 2023

Nat-Gas Prices Under Pressure on the Outlook for Cooler U.S. Temps

Aug Nymex natural gas (NGQ23 ) on Wednesday closed -0.052 (-1.92%). Nat-gas prices Wednesday closed moderately lower on the outlook for cooler U.S. temperatures, which will crimp nat-gas demand from electricity providers to power air conditioning. Forecaster Maxar Technologies said below-normal temperatures are expected in the upper Midwest and Great...

Barchart · Jul 5, 2023

Nat-Gas Prices Fall on Forecasts for a Break in Texas Heat

Aug Nymex natural gas (NGQ23 ) on Wednesday closed down -0.121 (-4.34%), adding to Tuesday's decline of -3.56%. July futures expired on Wednesday. Nat-gas prices on Wednesday fell sharply for a second day on forecasts that excessive heat in Texas will start to moderate this weekend, according to Atmospheric G2,...

Barchart · Jun 28, 2023

Nat-Gas Prices Fall Back on Forecasts for a Break in Texas Heat

July Nymex natural gas (NGN23 ) on Tuesday closed down -0.028 (-1.00%). Nat-gas prices on Tuesday ran into some long liquidation pressure after Monday's breakout to match a 3-1/4 month high. Also, nat-gas prices fell back a bit on forecasts that excessive heat in Texas and nearby regions will start...

Barchart · Jun 27, 2023

Nat-Gas Prices Rally on Hot Weather and Russia

July Nymex natural gas (NGN23 ) on Monday closed up +0.062 (+2.27%), extending last Friday's +4.64% rally and matching May's 3-1/4 month high. Hot weather continues to be the main bullish factor for nat-gas prices, with the scorching weather in Texas expected to continue into this week. Utilities in Texas...

Barchart · Jun 26, 2023

Can Gasoline Make A Move During the Driving Season?

With the July 4 holiday on the horizon, the 2023 vacation season is underway. Travel during school and work vacations peaks, and so does the demand for fuel. Gasoline remains the energy commodity that powers most cars.

Barchart · Jun 26, 2023

Nat-Gas Prices Rally to New 1-month High

July Nymex natural gas (NGN23 ) on Friday rallied sharply to a new 1-month high and closed the day up +0.121 (+4.64%). Hot weather continues to be the main bullish factor for nat-gas prices, with the scorching weather in Texas expected to last into next week. Utilities in Texas are...

Barchart · Jun 23, 2023

Nat-Gas Prices Shake Off Bearish EIA Report

July Nymex natural gas (NGN23 ) on Thursday closed up +0.011 (+0.42%) but remained below Tuesday's 1-month high. Hot weather continues to be a bullish factor for nat-gas prices, with the scorching weather in Texas expected to last into next week and possibly extend to the Southwest. Utilities in Texas...

Barchart · Jun 22, 2023

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