NGX18.NYM - Natural Gas Nov 18

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
2.864
+0.054 (+1.922%)
As of 12:37PM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2018-10-29
Open2.820
Bid2.863
Last Price2.810
Day's Range2.806 - 2.867
Volume8,267
Ask2.865
  • US Natural Gas Consumption Fell on April 12–18
    Market Realist17 minutes 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.

  • Natural Gas Futures Fell despite Lower Natural Gas Inventories
    Market Realist3 hours 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 Empire7 hours 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

  • Reuters9 hours 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
    Reuters9 hours 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 Empire9 hours ago

    Gold Prices Correct Lower on Dollar Strength

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

  • Reuters9 hours 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 Empire9 hours 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 Empire10 hours 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 Empire12 hours 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 Empire12 hours 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.com23 hours 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.com23 hours 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.

  • US crude takes aim at $70 a barrel as oil stockpiles fall, gasoline demand hits record
    CNBCyesterday

    US crude takes aim at $70 a barrel as oil stockpiles fall, gasoline demand hits record

    Oil prices rose to more than three-year highs on Thursday as falling U.S. crude stocks and rising gasoline demand boosted a market already supported by geopolitical tension.

  • CNBCyesterday

    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 Realistyesterday

    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 Realistyesterday

    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 Empireyesterday

    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

  • Natural Gas Price Fundamental Daily Forecast – EIA Storage Report Expected to Show 23 Bcf Draw
    FX Empireyesterday

    Natural Gas Price Fundamental Daily Forecast – EIA Storage Report Expected to Show 23 Bcf Draw

    Today’s EIA report is likely to drive the price action immediately after its release, but the latest weather forecasts may take control later in the session since the report is considered “old news”.

  • Oil Price Fundamental Daily Forecast – Traders Look to Add to Weekly Gains
    FX Empireyesterday

    Oil Price Fundamental Daily Forecast – Traders Look to Add to Weekly Gains

    Prices are currently pressing late 2014-highs, supported by a decline in U.S. crude inventories and a drive by Saudi Arabia to push prices into the $80 to $100 per barrel area by continuing to withhold supplies.

  • The German index does little during the Wednesday session
    FX Empireyesterday

    The German index does little during the Wednesday session

    The German index did very little during the session on Wednesday, as we continue to hang about the €12,500 level, but we are below there, and that should continue to offer support. I believe that the market will look at that level as support, but I am a bit surprised that the DAX did nothing, when other stock markets around the world removing.

  • Natural gas markets rally, then fell on Wednesday
    FX Empire2 days ago

    Natural gas markets rally, then fell on Wednesday

    Natural gas markets rallied significantly during the trading session on Wednesday, reaching as high as the $2.78 level. However, we ran into a bit of resistance, and we are getting close to the major resistance barrier in the form of the $2.80 level.

  • British pound falls against Japanese yen in early Wednesday trading
    FX Empire2 days ago

    British pound falls against Japanese yen in early Wednesday trading

    The British pound fell against the Japanese yen in early Wednesday trading, dropping down to the 152.00 region. We did bounce from there quite significantly though, and although this has been a very negative turn of events, I think looking around the Forex world, the British pound is trying to make a stand.

  • The Australian dollar rallied significantly on Wednesday
    FX Empire2 days ago

    The Australian dollar rallied significantly on Wednesday

    The Australian dollar initially dipped a little bit lower during the day on Wednesday, but then broke down towards the 0.70 level. This is an area that of course is going to be a psychologically important due to the round number, but I think that it’s likely we will continue to see a lot of volatility.

  • EUR/USD Unaffected by CPI Data
    FX Empire2 days ago

    EUR/USD Unaffected by CPI Data

    The pair continues in the range that it has been in over the past several weeks.