NGG21.NYM - Natural Gas Feb 21

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
2.79
+0.01 (+0.50%)
As of 12:30PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2021-01-27
Open2.79
Bid2.79
Last Price2.78
Day's Range2.79 - 2.79
Volume7
Ask0.00
  • Natural Gas Price Forecast – natural gas markets continue to grind lower
    FX Empire12 hours ago

    Natural Gas Price Forecast – natural gas markets continue to grind lower

    Natural gas markets broke down again during the day on Thursday, losing almost 1% as I record the video. The market has reached towards the $2.70 level, an area that I anticipated to be significant support. I believe that the market should continue to go even lower levels, but it would not surprise me at all to see a bounce.

  • Reuters17 hours ago

    Papua New Guinea gas project signs supply deal with PetroChina

    The ExxonMobil-operated Papua New Guinea gas project has agreed a deal to supply liquified natural gas (LNG) to PetroChina Co Ltd, Australia's Oil Search Ltd, a partner in the project, said on Friday. The three-year deal is for the supply of about 0.45 million tonnes of LNG a year to PetroChina International (Hong Kong) Corp Ltd (PCI), Oil Search said in a statement.

  • Investing.com20 hours ago

    Metal Prices Rocked by Trade-War Fears; Gold Prices Off Lows as Dollar Drops

    Investing.com – Gold prices moved off lows Thursday as the dollar came under pressure after President Donald Trump said he was "not happy" about U.S. interest rate hikes, while renewed trade-war tensions pressured other metal prices.

  • Natural Gas Price Prediction – Prices Rebound Following Lower than Expected Inventory Build
    FX Empire21 hours ago

    Natural Gas Price Prediction – Prices Rebound Following Lower than Expected Inventory Build

    Natural gas prices surged 1.7%, rallying from support levels, following a smaller than expected build in natural gas inventories reported on Thursday by the U.S. Department of Energy.  The lower than expected build has flattened the trajectory of builds leaving stocks well below the average of the 5-year range.  Prices have been trading on the defensive as cooler than normal weather is spreading east to west which should reduce cooling demand for natural gas during the heart of the summer season. Prices nearly hit support near an upward sloping trend line that comes in near 2.67. ...

  • Reuters23 hours ago

    SoCalGas issues curtailment watch ahead of S. California heat wave

    Southern California Gas Co on Thursday issued a natural gas curtailment watch for Southern California, with power generators expected to burn more fuel than usual to keep air conditioners humming amid an impending heat wave. SoCalGas, a unit of California energy company Sempra Energy , said the curtailment watch would remain in effect until further notice.

  • E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – July 19, 2018 Forecast
    FX Empireyesterday

    E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – July 19, 2018 Forecast

    Based on the early trade, the direction of the September E-mini NASDAQ-100 Index futures contract is likely to be determined by trader reaction to the uptrending Gann angle at 7404.00. The main trend is up according to the daily swing chart. However, momentum shifted to the downside with the formation of the closing price reversal top and the subsequent confirmation.  

  • Reutersyesterday

    Shell's top LNG trader moves to Japan's JERA - sources

    The trading arm of Japan's JERA, the world's biggest buyer of liquefied natural gas (LNG), has hired Sarah Behbehani, the former head of short-term LNG trading at Royal Dutch Shell, two LNG industry sources said. Behbehani will lead the LNG team at JERA Trading (JERAT), which was formed when JERA bought the trading business of France's EDF, as JERA pushes to break down restrictions on trading cargoes secured under long-term deals.

  • A 19th-century solution to heat homes is helping the world cut emissions
    Quartzyesterday

    A 19th-century solution to heat homes is helping the world cut emissions

    The world spends about 15% of its energy on heat. Most of that comes from burning fossil fuels in homes and businesses. Cutting emissions from space heating remains one of the biggest challenges if we are to reach zero emissions and avoid catastrophic climate change. A humble solution to the problem is the heat pump,…

  • A Look at Bunker Fuel Prices Last Week
    Market Realistyesterday

    A Look at Bunker Fuel Prices Last Week

    Previously in this series, we saw that crude tanker stocks fell in Week 28 (ended July 13), along with VLCC (very large crude carrier) and Suezmax rates. In this part, we’ll see how bunker fuel prices fared last week.

  • Natural Gas Price Fundamental Daily Forecast – EIA Report Expected to Show Another Leaner-Than-Average Build
    FX Empireyesterday

    Natural Gas Price Fundamental Daily Forecast – EIA Report Expected to Show Another Leaner-Than-Average Build

    The current sell-off suggests that traders aren’t too concerned about the hot weather and have been lulled into reacting to the record production. This even suggests that once the summer cooling season ends, high levels of production could quickly fill in the current supply gap. On the flip side of this argument, another lingering, heat dome in late July or early August could turn prices around fairly quickly especially if it encourages short-sellers to aggressively cover positions.

  • USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement
    FX Empireyesterday

    USD/CAD Supported at 61.8 and 78.6 Fibonacci Retracement

    The USD/CAD is supported at 61.8 and 78.6 fib retracement of the last swing. 1.3166-84 is the first POC zone, where the bounce is possible, while the POC2 is 1.3125-1.3140. Both zones could be valid for longs providing that W L3 holds – 1.3110. Targets are 1.3220 and 1.3264. Continuation is only possible above 1.3265 towards 1.3307.

  • Natural Gas Price Forecast – natural gas continues the slow grind lower
    FX Empireyesterday

    Natural Gas Price Forecast – natural gas continues the slow grind lower

    Natural gas markets did rally a bit by the time I recorded this on Wednesday, but at this point it looks as if we are in a nice downtrend in channel, and I think it’s only a matter time before the sellers come back in and start pushing lower.

  • Gold Price Forecast – Gold trying to find a bottom
    FX Empireyesterday

    Gold Price Forecast – Gold trying to find a bottom

    Gold markets drifted a bit lower during the trading session again on Wednesday as we continue to trying to find a bit of a bottom. While the $1225 level is important, the reality is that I think there is much more support below at the $1200 level.

  • USD/JPY Price Forecast – US dollar pulls back from ¥113
    FX Empireyesterday

    USD/JPY Price Forecast – US dollar pulls back from ¥113

    The US dollar initially tried to rally during the day again on Wednesday but has found the ¥113 level to be a bit too expensive. That being the case, the pullback started as soon as the Americans came on board, and quite frankly I think in the end this will be a healthy sign, as we had gotten ahead of ourselves.

  • Associated Press2 days ago

    Business Highlights

    The European Union has fined Google a record $5 billion for forcing cellphone makers that use the company's Android mobile operating system to install Google apps. Wednesday's ruling caps three years of investigation and means Google will have to change its ways. WASHINGTON (AP) -- Having started a trade war with China and enraged U.S. allies with steel tariffs, President Donald Trump is primed for his next fight.

  • Analyzing Natural Gas’s Price Movements
    Market Realist2 days ago

    Analyzing Natural Gas’s Price Movements

    On July 17, natural gas August futures fell 0.7% and settled at $2.74 per MMBtu (million British thermal units), their lowest closing price in more than two months. Meanwhile, Cabot Oil & Gas (COG), Gulfport Energy (GPOR), and Chesapeake Energy (CHK) fell 0.2%, 0.7%, and 2.7%, respectively, underperforming other natural gas–weighted stocks.

  • Technical Checks For Important CAD Pairs: 18.07.2018
    FX Empire2 days ago

    Technical Checks For Important CAD Pairs: 18.07.2018

    In case the quote fails to cross the 1.3265 immediate barrier, it can revisit the 1.3220-15 zone, breaking which 1.3160 and an upward slanting TL, at 1.3125, may confine the pair’s following declines. While USDCAD has another resistance to break after clearing an intermediate hurdle, the GBPCAD’s recent break of ascending trend-line can’t be termed as a sign of its plunge unless closing below the 1.7160 TL-mark on a daily basis.

  • Enterprise to develop crude oil export terminal off Texas Gulf Coast
    American City Business Journals2 days ago

    Enterprise to develop crude oil export terminal off Texas Gulf Coast

    The new offshore export terminal is expected to “load crude oil faster and more cost efficiently without the need for lightering vessels," thanks to its planned capabilities of loading Very Large Crude Carriers.

  • Commodities Daily Forecast – July 18, 2018
    FX Empire2 days ago

    Commodities Daily Forecast – July 18, 2018

    The gold market has broken down significantly during the yesterday’s session, slicing through the $1230 level. The market has a significant support at the $1225 level and if it breaks this level, then the gold prices are likely to break down towards the $1200 level. The silver prices broke down significantly during the yesterday’s session reaching down to the $15.50 level.

  • TheStreet.com3 days ago

    5 Ways to Play a Wild Energy Market

    Oil prices look to me like they're poised for a continuous increase on the back of growing geopolitical risk. President Donald Trump has reiterated his stand on Iranian denuclearization, anti-Iranian U.S. economic sanctions and implied protection of Israel. On the other side of the power balance, Russian leader Vladimir Putin continues to support the Syrian government, thus implicitly siding with Syrian patron Iran.

  • Oil & Gas Stock Roundup: COP, APC, OXY Boosting Shareholders' Wealth
    Zacks3 days ago

    Oil & Gas Stock Roundup: COP, APC, OXY Boosting Shareholders' Wealth

    ConocoPhillips (COP), Anadarko Petroleum (APC) and Occidental Petroleum (OXY) announced initiatives to return capital to shareholders.

  • Gold Price Prediction – Gold Sliced Through Support Targeting the $1,200 Region
    FX Empire3 days ago

    Gold Price Prediction – Gold Sliced Through Support Targeting the $1,200 Region

    Gold prices tumbled on Tuesday, as commentary from Fed Chair Powell, allowed the greenback to gain traction. Gold prices drop sharply on Tuesday slicing through former support which were the July and December lows at 1,236, and headed toward target support near the July 2017 lows at 1,204.  Resistance on the yellow metal is seen near former support at 1,236 and then the 10-day moving average at 1,247. Momentum has turned negative as the MACD (moving average convergence divergence) index generated a crossover sell signal.

  • Hedge Funds’ Positions: Bullish Momentum in WTI Oil?
    Market Realist3 days ago

    Hedge Funds’ Positions: Bullish Momentum in WTI Oil?

    Hedge funds’ net bullish positions in US crude oil futures and options decreased 0.1% to 433,938 on July 3–10. However, the positions are near the highest level since April 17. The positions increased by 255,284 contracts or 143% YoY (year-over-year). Hedge funds’ net bullish positions in US crude oil futures and options suggests that they remain bullish towards oil prices.

  • With the controversial pipeline looming, Germany brokers gas talks between Russia and Ukraine
    Quartz3 days ago

    With the controversial pipeline looming, Germany brokers gas talks between Russia and Ukraine

    Europe’s reliance on Russian gas wasn’t front-page news until Donald Trump lashed out at Germany at the NATO summit last week. Calling it a “captive of Russia,” because of how much gas it imports, he heavily criticized the construction of a new gas pipeline connecting Russia and Germany. The real reason why Trump is so…

  • US Natural Gas Rigs Are near a Four-Week High
    Market Realist3 days ago

    US Natural Gas Rigs Are near a Four-Week High

    Baker Hughes, a GE Company (BHGE), published its weekly US natural gas rig count report on July 13. Baker Hughes reported that US natural gas rigs rose by two to 189 on July 6–13—the highest level since June 15. The rigs have also increased by two or ~1.1% year-over-year.