INSANE: 29 | Vintage Vibes

Nat-Gas Prices Fall as Warm U.S. Temps Keep LNG Inventories Elevated

January Nymex natural gas (NGF24 ) on Monday closed down -0.120 (-4.26%). Nat-gas prices Monday tumbled to a 2-1/4 month low and closed sharply lower as persistently weak domestic demand for nat-gas is boosting nat-gas inventories. Warmer-than-average U.S. temperatures are curbing heating demand for nat-gas and are weighing on prices....

Barchart · Dec 4, 2023

Nat-Gas Recovers From Early Losses as Dollar Weakness Sparks Short Covering

January Nymex natural gas (NGF24 ) on Friday closed up +0.012 (+0.43%). Nat-gas prices Friday shook off early losses and moved higher, as a weaker dollar sparked short covering in nat-gas futures. Nat-gas prices this week have been under pressure from the outlook for above-average U.S. temperatures, which will reduce...

Barchart · Dec 1, 2023

Nat-Gas Prices Slip on Ample Supplies and Warm U.S. Temps

January Nymex natural gas (NGF24 ) on Thursday closed down -0.002 (-0.07%). Nat-gas prices Thursday moved lower for the fifth consecutive session and posted modest losses. An unexpected build in weekly EIA nat-gas inventories on Thursday pressured prices. The EIA reported that nat-gas inventories rose +10 bcf last week versus...

Barchart · Nov 30, 2023

Nat-Gas Prices Under Pressure as U.S. Temperatures Shift Warmer

December Nymex natural gas (NGZ23 ) on Monday closed down -0.061 (-2.14%). Nat-gas prices Monday dropped to a 2-month nearest-futures low and closed moderately lower. Forecasts for warmer U.S. weather that curb heating demand for nat-gas are undercutting prices. NatGasWeather on Monday said that weather forecasts for most of the...

Barchart · Nov 27, 2023

Nat-Gas Prices Fall us U.S. Weather Forecasts Turn Warmer

December Nymex natural gas (NGZ23 ) on Friday closed down -0.042 (-1.45%). Nat-gas prices Friday fell to a 2-month nearest-futures low and closed moderately lower on the outlook for warmer U.S. temperatures to reduce heating demand for nat-gas. The Commodity Weather Group said most of the U.S. is seeing warmer...

Barchart · Nov 24, 2023

Nat-Gas Prices Close Higher after EIA Gas Inventories Unexpectedly Fall

December Nymex natural gas (NGZ23 ) on Wednesday closed up +0.051 (+1.79%). Nat-gas prices Wednesday recovered from an 8-week low and posted moderate gains on a surprise drop in weekly supplies. The EIA reported an unexpected -7 bcf decline in weekly nat-gas inventories versus expectations for a +3 bcf increase....

Barchart · Nov 22, 2023

Nat-Gas Prices Fall on Forecats for Continued Above-Normal U.S. Temps

December Nymex natural gas (NGZ23 ) on Tuesday closed down -0.036 (-1.25%). Nat-gas prices Tuesday fell for the fourth consecutive session and posted a 7-week low. Nat-gas prices have fallen on above-average autumn temperatures in the U.S. that have curbed heating demand for nat-gas. Forecaster Maxar Technologies said above-normal temperatures...

Barchart · Nov 21, 2023

Nat-Gas Prices Weighed Down by Abundant Inventories and Warm U.S. Temps

December Nymex natural gas (NGZ23 ) on Monday closed down -0.078 (-2.64%). Nat-gas prices Monday tumbled to a 4-week low and settled moderately lower. Ample supplies and warm U.S. temperatures are weighing on nat-gas prices. Domestic U.S. gas inventories totaled 3.833 tcf as of November 10, +5.6% above their five-year...

Barchart · Nov 20, 2023

Nat-Gas Prices Sink on Ample Supplies and a Mixed Weather Forecast

December Nymex natural gas (NGZ23 ) on Friday closed down -0.102 (-3.33%). Nat-gas prices Friday dropped to a 3-1/2 week low and closed sharply lower for the second day on negative carryover from Thursday when the EIA reported weekly EIA nat-gas inventories rose more than expected. A mixed weather outlook...

Barchart · Nov 17, 2023

Nat-Gas Prices Tumble as Weekly EIA Inventories Jump

December Nymex natural gas (NGZ23 ) on Thursday closed down -0.128 (-4.01%). Nat-gas prices Thursday retreated after weekly EIA nat-gas inventories rose more than expected. EIA nat-gas inventories rose +60 bcf last week, higher than expectations of +42 bcf and well above the 5-year average for this time of year...

Barchart · Nov 16, 2023