THE TRUTH ABOUT: 21 - The Untold Story

Nat-Gas Prices Rebound as US Weather Forecasts Cool

November Nymex natural gas (NGX24 ) on Thursday closed up by +0.015 (+0.56%). Nov nat-gas prices Thursday recovered from a 2-1/2 week low and settled moderately higher. Short-covering emerged in nat-gas futures late Thursday morning on forecasts for colder US temperatures that will boost nat-gas demand for heating. Forecaster Atmospheric...

Barchart · Oct 10, 2024

Nat-Gas Prices Fall on Demand Concerns From Warm Fall Temps

November Nymex natural gas (NGX24 ) on Wednesday closed down by -0.073 (-2.67%). Nov nat-gas prices today extended this week's losses to a 2-1/2 week low and closed moderately lower. Forecasts for above-normal fall temperatures that curb nat-gas demand for heating are weighing on prices. NatGasWeather said Wednesday that "the...

Barchart · Oct 9, 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

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

Nat-Gas Prices Firm on Forecasts for Warmer US Temps

November Nymex natural gas (NGX24 ) on Monday closed up by +0.021 (+0.72%). Nov nat-gas prices Monday rose to a 3-1/2 month high and posted modest gains. Nat-gas prices rose on forecasts for warmer US weather that will boost demand from electricity providers to power increased air conditioning usage. The...

Barchart · Sep 30, 2024

Nat-Gas Prices Jump on Tighter Supplies and Rollover to November Contract

November Nymex natural gas (NGX24 ) on Friday closed up by +0.149 (+5.41%). Nov nat-gas prices Friday surged to a 3-1/4 month high and settled sharply higher. Nat-gas prices rose on carryover support from Thursday when weekly EIA nat-gas inventories rose less than expected. Also, commodity fund buying supported nat-gas...

Barchart · Sep 27, 2024

Forecasts for Seasonal US Temps Weigh on Nat-Gas Prices

November Nymex natural gas (NGX24 ) on Thursday closed down by -0.064 (-2.27%). Nov nat-gas prices Thursday gave up an early advance and turned lower on forecasts for seasonal US temperatures, which should reduce nat-gas demand from electricity providers to run air conditioning. The Commodity Weather Group said temperatures will...

Barchart · Sep 26, 2024

Warm US Temps are Bullish for Nat-Gas Prices

October Nymex natural gas (NGV24 ) on Wednesday closed up by +0.086 (+3.37%). Oct nat-gas prices Wednesday rose sharply on the outlook for warmer US temperatures that will boost nat-gas demand from electricity providers to run air conditioning. On Wednesday, the Commodity Weather Group said that warmer-than-normal weather is expected...

Barchart · Sep 25, 2024

Nat-Gas Prices Retreat as Tropical Storm Helene Forecast to Miss Gulf Platforms

October Nymex natural gas (NGV24 ) on Tuesday closed down by -0.062 (-2.37%). Oct nat-gas prices Tuesday fell back from a 3-month high and posted moderate losses. Updated weather forecasts Tuesday project Tropical Storm Helene to make landfall on the US Gulf Coast farther east than previous projections, sparing most...

Barchart · Sep 24, 2024

Nat-Gas Prices Surge as the Gulf of Mexico Braces for a New Tropical Storm

October Nymex natural gas (NGV24 ) on Monday closed up by +0.179 (+7.35%). Oct nat-gas prices Monday rallied sharply to a 3-month high on concern a tropical storm developing in the Caribbean will strengthen into a hurricane as it moves north and disrupt nat-gas production in the Gulf of Mexico....

Barchart · Sep 23, 2024