SHOCKING: 32 - You Need To See This

Nat-Gas Prices Gain on Outlook for Record Heat in West

Aug Nymex natural gas (NGQ23 ) on Tuesday closed +0.062 (+2.32%). Nat-gas prices Tuesday moved higher for a second day on the outlook for excessive heat gripping the U.S. Southwest to expand, boosting nat-gas demand from electricity providers to power air conditioning. The U.S. Weather Prediction Center said record-high temperatures...

Barchart · Jul 11, 2023

Nat-Gas Prices Jump on Forecasts for Significant Heat in the Western U.S.

Aug Nymex natural gas (NGQ23 ) on Monday closed +0.087 (+3.37%). Nat-gas prices Monday closed sharply higher on forecasts for hot weather across most of the western U.S. and Texas, boosting nat-gas demand from electricity providers to power air conditioning. Forecaster Atmospheric G2 said significant heat will be seen in...

Barchart · Jul 10, 2023

Nat-Gas Prices Fall as Weekly EIA Inventories Climb More Than Expected

Aug Nymex natural gas (NGQ23 ) on Friday closed -0.027 (-1.03%). Nat-gas prices Friday dropped to a 2-week low and closed moderately lower. A larger-than-expected build in weekly EIA gas stockpiles weighed on prices after the EIA reported nat-gas inventories rose +72 bcf last week, above expectations of +65 bcf....

Barchart · Jul 7, 2023

Nat-Gas Prices Fall on a Cooler U.S. Weather Forecast

Aug Nymex natural gas (NGQ23 ) on Monday closed -0.089 (-3.18%). Nat-gas prices Monday fell moderately on a cooler U.S. weather forecast, 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, the Great Lakes region,...

Barchart · Jul 3, 2023

Nat-Gas Prices See Support as Gas Rigs Drop

Aug Nymex natural gas (NGQ23 ) on Friday closed +0.097 (+3.59%) but remained below Monday's 3-1/4 month high. Nat-gas prices Friday saw support after news that the number of active U.S. gas rigs fell by -6 rigs to a new 1-1/4 year low of 124 rigs. Nat-gas prices continue to...

Barchart · Jun 30, 2023

Nat-Gas Prices See Boost From Smaller-Than-Expected EIA Inventory Build

Aug Nymex natural gas (NGQ23 ) on Thursday closed up +0.033 (+1.24%), reversing some of the overall -7.7% sell-off seen on Tuesday and Wednesday. Nat-gas prices on Thursday saw a boost from the +76 bcf increase in weekly EIA inventories, which was a smaller build than market expectations of +82...

Barchart · Jun 29, 2023

Platinum Fails- Time to Buy?

Gold, silver, platinum, and palladium are the four precious metals that trade in the U.S. futures market. Gold and silver are highly liquid industrial metals, but they are also financial assets. Platinum and palladium are far more industrial and far less liquid futures markets. While platinum has historically attracted some…

Barchart · Jun 29, 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