NGX23.NYM - Natural Gas Nov 23

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
2.896
+0.202 (+7.50%)
As of 11:13AM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2023-10-27
Open2.896
Bid0.000
Last Price2.694
Day's Range2.896 - 2.896
Volume11
Ask0.000
  • Market Realist2 hours ago

    Important Drivers for Your Energy Portfolio

    On July 16–20, the events listed in the following table could impact oil and natural gas prices. The EIA (U.S. Energy Information Administration) is expected to release its monthly drilling productivity report on July 16. The report could influence oil and natural gas prices for the next few weeks.

  • Calm Down! Oil Prices Could Stay Range Bound
    Market Realist2 hours ago

    Calm Down! Oil Prices Could Stay Range Bound

    On July 6–13, US crude oil August futures fell 3.8%. However, US crude oil prices gained 1% and closed at $71.01 per barrel on July 13. US crude oil active futures remained above the 20-day moving average. US crude oil active futures were 1% above the crucial short-term charting level on the same date.

  • How a US LNG Futures Contract Could Benefit Cheniere Energy
    Market Realist2 hours ago

    How a US LNG Futures Contract Could Benefit Cheniere Energy

    The US LNG futures contract recently announced by CME Group is expected to benefit Cheniere Energy (LNG) and other US LNG exporters. It will likely lead to better risk management and improved price discovery.

  • Colorado, Louisiana & Texas Witness Rise in Onshore Rigs
    Zacks4 hours ago

    Colorado, Louisiana & Texas Witness Rise in Onshore Rigs

    The number of rigs exploring in the U.S. resources increases for two consecutive weeks.

  • Natural Gas Falls Despite Bullish Inventory Data: Here's Why
    Zacks5 hours ago

    Natural Gas Falls Despite Bullish Inventory Data: Here's Why

    Investors were spooked by forecasts of cooler-than-normal weather that could lead to decrease in natural gas demand for air-conditioning.

  • Commodities Daily Forecast – July 16, 2018
    FX Empire10 hours ago

    Commodities Daily Forecast – July 16, 2018

    The gold market continued to remain noisy in the Friday’s session drifting down towards the $1237 level before bouncing a bit. In an alternate scenario, the market needs to break above the $1250 level, to reverse the downtrend. The market has experienced this support level for the couple of times in the last few sessions and if it breaks from here, then the next major support will be at $15.50 level.

  • Rigzone.com17 hours ago

    Protesters At Iraq's Siba Gas Field Demand Jobs, Better Services

    About 200 protesters gathered at the main entrance to Iraq's Siba natural gas field on Monday, police sources say.

  • Natural Gas Price Fundamental Weekly Forecast – Lower Temperatures, Rising Production Too Much for Bulls to Handle
    FX Empireyesterday

    Natural Gas Price Fundamental Weekly Forecast – Lower Temperatures, Rising Production Too Much for Bulls to Handle

    Other than a periodic short-covering rally due to profit-taking and position-squaring, we’re likely to see a test of the May bottom at $2.711 or lower. This week, investors are going to continue to focus on rising production and the weather.

  • Europe keeps setting clean-energy records
    Quartz2 days ago

    Europe keeps setting clean-energy records

    This week, two of the biggest economies in Europe set new records for clean energy. The UK’s electrical grid has not burned any coal for about 1,000 hours so far this year. Though it’s just a symbolic achievement, the pace at which the UK is reaching such figures shows the pace of the energy transition.…

  • AUD/USD Price Forecast – Australian dollar falls hard to open the day
    FX Empire3 days ago

    AUD/USD Price Forecast – Australian dollar falls hard to open the day

    The Australian dollar has fallen rather hard during the opening hours of the Friday session, but I also have seen a lot of support near the 0.7350 region. This is an area that has seen a lot of demand as of late, so it will be interesting to see whether we can break down below it.

  • Higher gas prices doesn’t hurt the U.S. economy as much anymore, the Fed says
    MarketWatch3 days ago

    Higher gas prices doesn’t hurt the U.S. economy as much anymore, the Fed says

    Higher oil and gasoline prices just don’t hurt the U.S. economy like they used to anymore. Here’s why.

  • TheStreet.com3 days ago

    3 Natural Gas Stocks That Could Catch Fire From Trump's NATO War

    President Trump's standoff against NATO's cost burden this week, particularly towards Germany, signaled the markets of his stance against Russia by emphasizing Europe's dependency on Russian's natural gas. Germany has a strong dependence on Russian gas, preventing Europe from having a consensus position against Russia's prior invasion of Crimea and the intervention of the European Union to support Ukraine.

  • Piedmont Natural Gas plans $250M storage project in North Carolina
    American City Business Journals3 days ago

    Piedmont Natural Gas plans $250M storage project in North Carolina

    Piedmont Natural Gas plans to spend about $250 million to build a liquefied natural gas-storage facility in Robeson County, capable of holding one billion cubic feet of natural gas.

  • Reuters3 days ago

    Total closes $1.5 billion deal for Engie's upstream LNG business

    French oil and gas major Total (TOTF.PA) said on Friday that it has completed a $1.5 billion (1.14 billion pounds) deal to acquire Engie's (ENGIE) upstream Liquefied Natural Gas (LNG) business to become the second-largest player in the global LNG market. Under the deal, Total said it would make additional payments of up to $550 million to Engie if there was an improvement in the oil markets in the coming year. Total Chief Executive Patrick Pouyanne said in a statement that the deal will give the company a worldwide market share of 10 percent.

  • S&P 500 Price Forecast – S&P 500 rallies into this session
    FX Empire4 days ago

    S&P 500 Price Forecast – S&P 500 rallies into this session

    The Thursday the CFD markets saw the S&P 500 futures rally into the US trading session, reaching towards the 2790 level. However, there is a lot of supply just above, in the form of the 2800 level. That resistance being broken to the upside would be a big sign of bullish pressure though.

  • Crude Oil Price Forecast – crude oil markets stabilize on Thursday
    FX Empire4 days ago

    Crude Oil Price Forecast – crude oil markets stabilize on Thursday

    Crude oil markets were absolutely pummeled on Wednesday, but Thursday has been a fairly quiet affair. That’s good, because quite frankly the selloff had been so brutal that the markets need to take a bit of a breather.

  • Natural Gas Price Analysis – Prices Form Inside Day Despite Meager Inventory Build
    FX Empire4 days ago

    Natural Gas Price Analysis – Prices Form Inside Day Despite Meager Inventory Build

    Natural gas prices eased lower on Thursday despite a smaller than expected build in natural gas inventories. The EIA reported that working gas in storage was 2,203 Bcf as of Friday, July 6, 2018. This represents a net increase of 51 Bcf from the previous week.

  • Reuters4 days ago

    Exxon beefs up Mozambique LNG project to cut costs ahead of bank talks

    Exxon Mobil will expand its Rovuma liquefied natural gas (LNG) project in Mozambique by half to cut production costs as the partners prepare to book the plant's supply and formally tap lenders in September, the company told Reuters. The U.S. oil giant took charge of the East African LNG project's onshore operations following a $2.8 billion deal with Italy's Eni last year, adding to its slate of planned gas projects in Qatar, Papua New Guinea, Russia and the United States. It now aims to build the world's biggest liquefaction units, or trains, outside Qatar, in Mozambique's remote north, shelving former operator Eni's more modest blueprint in pursuit of cost savings to boost returns on investment.

  • US Crude Oil Inventories Fell the Most in Almost Two Years
    Market Realist4 days ago

    US Crude Oil Inventories Fell the Most in Almost Two Years

    On July 11, the EIA (U.S. Energy Information Administration) released its weekly crude oil inventory report. The EIA reported that US crude oil inventories decreased by 12.6 MMbbls (million barrels) to 405.3 MMbbls on June 29–July 6—the largest weekly decline since September 2, 2016. The inventories are also near the lowest level since February 20, 2015. The inventories dropped by 90 MMbbls or 18.2% year-over-year. A Reuters survey estimated that US crude oil inventories could have declined by 4.5 MMbbls on June 29—July 6.

  • Forget Crude Price Plunge: Buy 5 Oil Stocks on Strong Demand
    Zacks4 days ago

    Forget Crude Price Plunge: Buy 5 Oil Stocks on Strong Demand

    The global demand for petroleum remains firm and is anticipated to grow next year.

  • Is the Natural Gas Market Losing Hope for Higher Prices?
    Market Realist4 days ago

    Is the Natural Gas Market Losing Hope for Higher Prices?

    On July 10, natural gas August futures closed at a premium of ~$0.11 to August 2019 futures. On July 3, the futures spread was at a premium of ~$0.17. On July 3–10, natural gas August futures fell 2.9%.

  • Kremlin says new gas pipeline to Germany will help stability
    Associated Press4 days ago

    Kremlin says new gas pipeline to Germany will help stability

    MOSCOW (AP) — The Kremlin says a new prospective natural gas pipeline to Germany will help increase regional stability and strengthen ties between Russia and the West.

  • Fortune4 days ago

    The U.S. Could Soon Reclaim the World’s Oil Crown

    For the first time since the mid-1970s.

  • Natural Gas Price Forecast – natural gas rallies on Wednesday
    FX Empire5 days ago

    Natural Gas Price Forecast – natural gas rallies on Wednesday

    Natural gas markets rallied a bit during the day on Wednesday, recapturing the $2.80 level. This of course is a bullish move, and I think at this point it makes sense that we will probably continue to go a little bit higher as we have cleared the large round number. However, my longer-term analysis has not changed.

  • CNBC5 days ago

    Coal is bucking trade war fears as China's demand surges

    The commodities sector has been hit by escalating trade tensions between Washington and Beijing, but coal is bucking that trend as China's demand for the fossil fuel remains high.