NGV19.NYM - Natural Gas Oct 19

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
2.643
+0.007 (+0.266%)
As of 3:16PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2019-09-26
Open2.635
Bid2.630
Last Price2.636
Day's Range2.630 - 2.652
Volume2,373
Ask2.856
  • Natural Gas Price Fundamental Weekly Forecast – Bullish Over $2.806, Bearish Under $2.762
    FX Empire7 hours ago

    Natural Gas Price Fundamental Weekly Forecast – Bullish Over $2.806, Bearish Under $2.762

    The volatile price action on Thursday and Friday can only mean one thing, traders aren’t sure how to play the extended winter and the delay of the start of the injection season which usually begins on April 1.

  • Oilprice.com22 hours ago

    A Natural Gas Crisis Looms Over Colombia

    Colombia’s energy sector has been caught in a whirlwind of misfortune, but a new opportunity for natural gas producers may be materializing

  • Weekly US Natural Gas Futures’ Outlook on April 23–27
    Market Realistyesterday

    Weekly US Natural Gas Futures’ Outlook on April 23–27

    US natural gas futures decreased 1% on April 12–19, 2018. Prices decreased due to mild weather forecasts. The United States Natural Gas ETF (UNG) decreased ~0.5% on April 12–19, 2018, while the First Trust Natural Gas ETF (FCG) increased 4.5% during the same period. UNG seeks to track active natural gas futures. FCG seeks to track the performance of the ISE-Revere Natural GasTM Index.

  • Natural Gas Rebound Above Resistance
    FX Empire2 days ago

    Natural Gas Rebound Above Resistance

    Natural gas prices rebounded on Friday after dropping on Thursday. Prices recaptured resistance near a downward sloping trend line near the 10-day moving average at 2.71. Momentum is neutral as the MACD (moving average convergence divergence) histogram prints near the zero-index level with a flat trajectory which reflects consolidation.

  • Rising U.S. Rates Drive Dollar to Highest Level in Two Weeks
    FX Empire2 days ago

    Rising U.S. Rates Drive Dollar to Highest Level in Two Weeks

    High U.S. Treasury yields contributed to the rise in the dollar all week. U.S 2-Year Treasury yields reached 2.453 percent on Friday, the highest level since September 2008 as the two-year’s spread versus two-year German Bunds grew to 302 basis points, the widest in more than three decades.

  • US Natural Gas Consumption Fell on April 12–18
    Market Realist2 days ago

    US Natural Gas Consumption Fell on April 12–18

    PointLogic estimates that US natural gas consumption fell ~9% to 67.7 Bcf per day on April 12–18, 2018. However, consumption increased ~23.3% or by 12.8 Bcf (billion cubic feet) per day from a year ago.

  • Why CSX’s Coal Revenues Declined in 1Q18
    Market Realist2 days ago

    Why CSX’s Coal Revenues Declined in 1Q18

    CSX’s (CSX) revenue in the first quarter of 2018 was flat compared to 1Q17. It rose only 0.2% to $2.8 billion. Carloads declined 4% to 1.5 million units from 1.6 million units a year ago. In spite of a volume fall, revenue rose marginally, which was most likely from pricing gains. Revenue per unit rose 4% to $1,877 from $1,802.

  • Reuters2 days ago

    CANADA STOCKS-TSX flat as financials, Rogers Communications offset economic data

    Canada's main stock index was little changed on Friday as gains in financial companies and Rogers Communications offset declines in energy stocks and lower-than-expected domestic inflation data. * At 9:55 a.m. ET (1355 GMT), the Toronto Stock Exchange's S&P/TSX Composite Index was up 7.81 points, or 0.05 percent, to 15,462.23. * Canada's annual inflation rate rose to 2.3 percent in February, exceeding the central bank's 2.0 percent target for the second straight month but was slightly below analyst expectations of a 2.4 percent rise.

  • Important Price Limits for Natural Gas’s Traders Next Week
    Market Realist2 days ago

    Important Price Limits for Natural Gas’s Traders Next Week

    On April 19, 2018, natural gas’s implied volatility was 23.4%. It was 6.4% more than its 15-day moving average.

  • Natural Gas Futures Fell despite Lower Natural Gas Inventories
    Market Realist2 days ago

    Natural Gas Futures Fell despite Lower Natural Gas Inventories

    The EIA released its natural gas storage report on April 19, 2018. The EIA reported that US natural gas inventories declined by 36 Bcf (billion cubic feet) to 1,299 Bcf on April 6–13, 2018. The inventories also declined by 808 Bcf or 38.3% year-over-year.

  • USD Consolidates As Trading Session Comes to Close For The Week
    FX Empire2 days ago

    USD Consolidates As Trading Session Comes to Close For The Week

    The pair has moved higher on the back of the decision of the BOC to hold rates

  • Reuters2 days ago

    Interview: Panama Canal to carry 30 million T of LNG by 2020 as global demand grows

    The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters. LNG volumes traversing the Canal could hit 30 million tonnes a year before the end of 2020, said Jorge Quijano, who leads the Panama Canal Authority, up from 6 million tonnes last year. Demand for LNG has risen significantly in the last three years as the increase of supply, especially from onshore shale fields in the United States and offshore reserves in Australia, has made it more competitive.

  • Interview: Panama Canal to carry 30 million T of LNG by 2020 as global demand grows
    Reuters2 days ago

    Interview: Panama Canal to carry 30 million T of LNG by 2020 as global demand grows

    The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters. LNG volumes traversing the Canal could hit 30 million tonnes a year before the end of 2020, said Jorge Quijano, who leads the Panama Canal Authority, up from 6 million tonnes last year. Demand for LNG has risen significantly in the last three years as the increase of supply, especially from onshore shale fields in the United States and offshore reserves in Australia, has made it more competitive.

  • Gold Prices Correct Lower on Dollar Strength
    FX Empire2 days ago

    Gold Prices Correct Lower on Dollar Strength

    The prices have moved back below $1350 on the back of dollar strength

  • Reuters2 days ago

    Iran oil imports fell 15.7 percent in fiscal year 2017/18

    India's oil imports from Iran during the 2017/18 fiscal year fell by 15.7 percent from a year ago as state refiners reduced purchases after a row over development rights for an Iranian natural gas field, according to data from shipping and industry sources. India, the world's third-biggest oil importer, shipped in a record 4.46 million barrels per day (bpd) oil in the fiscal year that ended in March to feed its expanded refining capacity. During the period, Indian refiners received about 458,000 bpd of oil from Iran, compared to about 543,500 bpd during the prior year period, the data showed.

  • Price of Gold Fundamental Daily Forecast – Rising Rates Making Gold Less-Desirable Investment
    FX Empire2 days ago

    Price of Gold Fundamental Daily Forecast – Rising Rates Making Gold Less-Desirable Investment

    Gold is trading lower early Friday and is now lower for the week. The price action is being driven by expectations of higher U.S. interest rates and easing political tensions on North Korea and Syria.

  • Natural Gas Price Fundamental Daily Forecast – Are Traders Pricing in Improving Weather Picture?
    FX Empire2 days ago

    Natural Gas Price Fundamental Daily Forecast – Are Traders Pricing in Improving Weather Picture?

    The erratic price action could continue over the near-term until the weather stabilizes. At the time, the Midwest and Northeast is colder than usual, leading to increased heating demand while parts of the west and southern U.S. are showing signs of increased cooling demand. Traders are having a difficult time trying to figure out when storage will actually start to increase.

  • Natural Gas markets have a wild ride on Thursday
    FX Empire2 days ago

    Natural Gas markets have a wild ride on Thursday

    Natural gas markets had a wild ride on Thursday, as we tried to reach towards the $2.78 level, but then collapsed. We have since bounced from a major move, but it looks like the sellers are starting to come back.

  • US dollar chops around against the Japanese yen on Thursday
    FX Empire2 days ago

    US dollar chops around against the Japanese yen on Thursday

    The greenback continued to go back and forth during trading on Thursday, as the 107.50 level should continue to be an area of interest. I believe that if we can break above this level, then we could see a significant move towards the vital 108 level.

  • Commodities - Natural Gas Futures Pare Losses After Storage Data
    Investing.com3 days ago

    Commodities - Natural Gas Futures Pare Losses After Storage Data

    Investing.com - The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. fell by 36 billion cubic feet in the week ended April 13, compared to forecasts for a decline of 23 billion.

  • Gold Prices Move Lower as 10-year Treasury Yield Tops 2.9%
    Investing.com3 days ago

    Gold Prices Move Lower as 10-year Treasury Yield Tops 2.9%

    Investing.com - Gold prices moved lower on Thursday, as the dollar wallowed around the unchanged mark and yields on U.S. Treasuries rose.

  • CNBC3 days ago

    Nigeria's Buhari hints at $15 billion deal with Shell, says 'we are not doing too badly'

    Nigerian President Muhammadu Buhari met with Shell on Wednesday as part of talks he said were to secure $15 billion of investment in his country.

  • What’s the Correlation between Oil and Natural Gas?
    Market Realist3 days ago

    What’s the Correlation between Oil and Natural Gas?

    Between April 10 and April 17, 2018, the correlation between natural gas and US crude oil May futures was just 4.2%. In the seven calendar days to April 17, US crude oil and natural gas prices moved in the same direction in three instances out of the last five trading sessions based on the closing prices.

  • Why Rise in Natural Gas Inventories Might Be Bullish for Natural Gas
    Market Realist3 days ago

    Why Rise in Natural Gas Inventories Might Be Bullish for Natural Gas

    Natural gas inventories declined by 19 Bcf (billion cubic feet) to 1,335 Bcf in the week ending April 6, 2018, according to the EIA’s (U.S. Energy Information Administration) report announced on April 12, 2018. The fall in the EIA’s data was eight Bcf more than the market’s expected fall. On April 12, 2018, natural gas May futures rose 0.4%.

  • Commodities Daily Forecast – April 19, 2018
    FX Empire3 days ago

    Commodities Daily Forecast – April 19, 2018

    The gold prices broke out above the $1350 level during the Wednesday’s session but later in the day pulled back slightly to find support underneath around the level. Given enough time this market will continue to move higher with initial resistance at the $1360 level. Pullbacks will offer a good opportunity to enter this market with important supports at $1340 level and $1325 level. …Read MoreSilver