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Topic

natural gas futures

US natgas futures climb to fresh 10-week high on cooler forecast

US natgas futures climb to fresh 10-week high on cooler forecast

Published 04 May, 2021 07:44pm
  • Front-month gas futures rose 2.8 cents, or 0.9%, to $2.994 per million British thermal units.
  • That kept the front-month in overbought territory with a Relative Strength Index (RSI) over 70 for a seventh straight day for the first time since November 2019.
US natgas hits 9-week high on cooler forecast, record exports

US natgas hits 9-week high on cooler forecast, record exports

Published 30 Apr, 2021 08:58pm
  • Front-month gas futures rose 3.9 cents, or 1.3%, to $2.950 per million British thermal units.
  • For the week, the contract was about 8% higher, putting it up for a third week in a row for the first time since February.
US natgas futures flat as mild weather offsets record LNG exports

US natgas futures flat as mild weather offsets record LNG exports

Published 26 Mar, 2021 08:16pm
  • On its second to last day as the front-month, gas futures for April delivery remained unchanged at $2.568 per million British thermal units (mmBtu) .
  • Traders noted the 200-day moving average has become a strong price floor or technical level of support. The front-month has not settled below the 200-day since September 2020.
US natgas futures at 7-week low on milder weather forecasts

US natgas futures at 7-week low on milder weather forecasts

Updated 15 Mar, 2021 09:26pm
  • Front-month gas futures fell 6.5 cents, or 2.5%, to $2.535 per million British thermal units.
  • That puts the front-month down about 24% since mid February when it hit a three-month high of $3.316 per mmBtu during the Texas freeze.
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