News

U.S. Natural Gas Futures Slip Ahead of Storage Report - Barron's

Barron's · last updated

U.S. Natural Gas Futures Slip Ahead of Storage Report

LIVE UPDATES

Stock Market News: Dow Rises 200 Points

S&P 500 and Nasdaq Composite are also rising as investors watch Powell's testimony.

Last Updated:
March 6, 2024 at 3:28 PM EST Live Coverage Feed

28 min ago

Natural gas futures settle lower in cautious trade ahead of the EIA's storage report.

Gas futures have risen on recent announcements of production cuts by major producers, although mild temperatures have reined in demand.

"Gas is struggling to find it's legs as weather bearishness persists, but LNG feedgas is ramping back up so that should give us a bit of support,"Gary Cunningham of Tradition Energy says. "If another major announces any output cuts in the coming days, or we get a withdrawal in the high 40s, we could test $2 on April."

The average estimate in a WSJ survey is for a 48-Bcf storage withdrawal last week.

Natural gas for April delivery settles down 1.4% at $1.929/mmBtu.

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