News

Natural Gas Futures Lose Steam Amid Mixed Demand Outlook; Spot ... - Natural Gas Intelligence

Natural Gas Intelligence · last updated

Natural Gas Futures Lose Steam Amid Mixed Demand Outlook; Spot Prices Slump - Natural Gas Intelligence

Natural gas futures rallied through most of the week but gave up ground to close out trading Friday after forecasts shed some heat intensity for mid-June and calls for LNG remained relatively light. The July Nymex gas futures contract shed 9.8 cents day/day and settled at $2.254/MMBtu. August fell 10.3 cents to $2.331.

At A Glance:

- Intensity of heat fades modestly
- Market digests storage injection
- LNG levels light amid maintenance

NGI’s Spot Gas National Avg. lost 21.0 cents to $1.700.

“The overnight data trended cooler, especially for June 15-17, as heat is slower to expand out of Texas and the South,” NatGasWeather said Friday.

At the same time, demand for liquefied natural gas, a key pillar for the past two years, stayed on hiatus through Friday because of...

View full article

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