News

Mixed Weather Outlook, Production Strength Keep Pressure on ... - Natural Gas Intelligence

Natural Gas Intelligence · last updated

Mixed Weather Outlook, Production Strength Keep Pressure on Natural Gas Futures Early - Natural Gas Intelligence

Natural gas futures remained under pressure early Thursday as a mixed weather outlook and ongoing production strength figured to preserve a healthy storage cushion heading into the heart of summer.

Coming off a 5.2-cent sell-off in the previous session, the August Nymex contract was off 0.4 cents to $2.653/MMBtu at around 8:35 a.m. ET. September was down 0.3 cents to $2.640.

The European weather model trended hotter overnight, essentially reversing cooler trends from a previous run, while the American model’s outlook showed little change, NatGasWeather told clients early Thursday.

“No changes overall, with strong national demand today, then easing Friday through Tuesday to moderate to high levels as weather systems track across the Midwest and Great Lakes,” the firm...

View full article

Related Knowledge Center: ENERGY BASICS: natural gas

State of Play

Background on natural gas issues. 

More information

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up