The Latest Breaking News from Nymex

Nat-Gas Prices Recover on Risks of Cold US March Temps

March Nymex natural gas (NGH26 ) on Wednesday closed up by +0.054 (+1.85%). March nat-gas prices recovered from a 4.25-month nearest-futures low on Wednesday and settled higher. Short-covering emerged in nat-gas futures on Wednesday after longer-term weather forecasts called for below-normal temperatures next month, potentially boosting nat-gas heating demand. On...

Barchart · Feb 25

Nat-Gas Prices Tumble on the Outlook for Warmer US Temperatures

March Nymex natural gas (NGH26 ) on Tuesday closed down by -0.070 (-2.35%). March nat-gas prices tumbled to a 4.25-month nearest-futures low on Tuesday and settled sharply lower. The outlook for warmer US temperatures, which will reduce nat-gas heating demand, is weighing on prices. On Tuesday, the Commodity Weather Group...

Barchart · Feb 24

Nat-Gas Prices Erase Early Gains as US Weather Forecasts Warm

March Nymex natural gas (NGH26 ) on Monday closed down by -0.062 (-2.03%). March nat-gas prices gave up an early advance on Monday and settled lower after updated US weather forecasts called for above-normal temperatures into the first week of March, potentially reducing nat-gas heating demand. On Monday, the Commodity...

Barchart · Feb 23

Nat-Gas Prices Slump on Warmer US Weather Forecasts

March Nymex natural gas (NGH26 ) on Tuesday closed down by -0.212 (-6.54%). March nat-gas prices sank to a 4-month nearest-futures low on Tuesday and settled sharply lower. The outlook for warmer-than-normal US weather, which will curb nat-gas heating demand, is weighing on prices. On Tuesday, the Commodity Weather Group...

Barchart · Feb 17

Nat-Gas Prices Recover as Cold US Weather Forecast to Return

March Nymex natural gas (NGH26 ) on Friday closed up by +0.026 (+0.81%). March nat-gas prices recovered from early losses on Friday and settled higher as short covering emerged when updated weather forecasts called for colder US weather to return at the end of this month, potentially boosting heating demand...

Barchart · Feb 13

Nat-Gas Prices Climb on Tighter US Inventories

March Nymex natural gas (NGH26 ) on Thursday closed up by +0.044 (+1.41%). March nat-gas prices settled higher on Thursday due to an above-average decline in weekly nat-gas storage. The EIA reported Thursday that nat-gas inventories fell -249 bcf in the week ended February 6, a smaller decline than expectations...

Barchart · Feb 12

Why Is Crude Oil Trending Higher?

NYMEX crude oil futures have moved steadily higher since the lows in mid-December, gaining more than $10 per barrel at their most recent high. Geopolitical risks in the Middle East have pushed the energy commodity higher, and higher highs could be on the horizon for seasonal reasons over the coming…

Barchart · Feb 12

Nat-Gas Prices Rebound in Anticipation of a Large Inventory Withdrawal

March Nymex natural gas (NGH26 ) on Wednesday closed up by +0.044 (+1.41%). March nat-gas prices recovered from a 4-week nearest-futures low on Wednesday and moved higher as short-covering emerged in anticipation of a greater-than-normal withdrawal of US nat-gas storage levels. The consensus is that Thursday's weekly EIA nat-gas inventories...

Barchart · Feb 11

Above-Normal US Temps Undercut Nat-Gas Prices

March Nymex natural gas (NGH26 ) on Tuesday closed down by -0.023 (-0.73%). March nat-gas prices moved lower for a third session on Tuesday and posted a 4-week nearest-futures low. Forecasts of above-average US temperatures, which will reduce nat-gas heating demand, are weighing on prices. The Commodity Weather Group said...

Barchart · Feb 10

Is Natural Gas Heading Lower as the Shoulder Season Approaches?

After trading above $7.80 per MMBtu in late January, natural gas prices have fallen to less than half that level in February. Seasonality over the coming months favors the downside for the volatile energy commodity.

Barchart · Feb 10