NEW YORK, May 6- U.S. natural gas futures, pressured by milder weather forecast for the next few days that should slow demand, ended lower on Monday, but the cooler weather due next week, particularly for the Midwest and South, limited selling.
NEW YORK, May 6- U.S. natural gas futures lost ground on Monday, pressured by milder weather this week that should slow demand despite the cooler temperature outlook next week for the Midwest and South. "I think the market is just pulling back after the run up, but there are some concerns that storage builds are starting to get bigger," a Texas- based producer said.
*Front month well below recent 21- month high. NEW YORK, May 6- U.S. natural gas futures sank to a one-month spot chart low under $4 per million British thermal units early on Monday, pressured by forecasts calling for moderating temperatures over the next two weeks.
NEW YORK, May 6- U.S. natural gas futures sank to a one-month spot chart low early on Monday, under $4 per million British thermal units again, as forecasts called for moderating temperatures over the next two weeks. As of 9:17 a.m. EDT, front-month June natural gas futures on the New York Mercantile Exchange.
NEW YORK, May 3- U.S. natural gas futures ended higher on Friday in choppy trade, underpinned by short-covering ahead of the weekend after three straight losing sessions despite some overnight selling that drove the front contract to a four-week low.
*Coming Up: Baker Hughes gas drilling rig data Friday. NEW YORK, May 3- U.S. natural gas futures seesawed on either side of unchanged early on Friday, after sliding under $4 per million British thermal units for the first time in about a month in continuation of Thursday's 7- percent selloff.
NEW YORK, May 3- U.S. natural gas futures slipped early on Friday, falling under $4 per million British thermal units for the first time in about a month in continuation of Thursday's 7- percent selloff. As of 9:23 a.m. EDT, front-month June natural gas futures on the New York Mercantile Exchange. were at $4.017 per mmBtu, down 0.8 cent, after sliding as low as $3.977.
*Coming Up: Baker Hughes rig data, CFTC trade data Friday. NEW YORK, May 3- U.S. natural gas futures edged higher on Friday in choppy trade, underpinned by short covering ahead of the weekend after three straight losing sessions despite some overnight selling that drove the front-month contract to a four-week low.
*Coming Up: Baker Hughes rig data, CFTC trade data Friday. "The first bearish storage report in several weeks sent the market sharply lower as the EIA reported a 43 bcf injection that took the market by surprise," said Mike Tran at CIBC Global World Markets in New York.
NEW YORK, May 2- Front-month U.S. natural gas futures tumbled sharply early Thursday after a government report showed a weekly inventory build well above market expectations. The U.S. Energy Information Administration report showed domestic gas inventories rose last week by 43 billion cubic feet to 1.777 trillion cubic feet.
*Coming Up: EIA natgas storage data 10:30 a.m. EDT ( 1430 GMT. Most traders and analysts expect weekly data from the U.S. Energy Information Administration to show a build of about 28 billion cubic feet when it is released at 10:30 a.m. EDT, a Reuters poll showed. As of 9:43 a.m. EDT, front-month June natural gas futures on the New York Mercantile Exchange.
*Coming Up: EIA natgas storage data 10:30 a.m. EDT ( 1430 GMT. Most traders and analysts expect weekly data from the U.S. Energy Information Administration to show a build of about 28 billion cubic feet when it is released at 10:30 a.m. EDT, a Reuters poll showed. As of 9:04 a.m. EDT, front-month June natural gas futures on the New York Mercantile Exchange.
*Coming Up: Baker Hughes rig data, CFTC trade data Friday. NEW YORK, May 2- Front-month U.S. natural gas futures tumbled sharply on Thursday after a government report showed a weekly inventory build well above market expectations.
*Late-week outlook turns colder for Texas and the Midwest. "The market bumped up early as technical buyers responded to temporary weather-based demand, but we saw some profit-taking late in the session on concerns about the sustainability of the rally," Gelber& Associates analyst Aaron Calder said.
NEW YORK, May 1- Commodity trading merchant Castleton Commodities International LLC said on Wednesday it had completed the purchase of a 1,210 megawatt natural gas and fuel oil-fired electric power plant from Dynegy.
*Late-week outlook turns colder for Texas and the Midwest. Temperatures in the Midwest and Texas were expected to sink far below normal later this week to again kick up heating demand. on the New York Mercantile Exchange were up 4.5 cents, or 1 percent, at $4.388 per million British thermal units after climbing early to a new 21- month high of $4.444.
NEW YORK, May 1- U.S. natural gas futures edged higher early on Wednesday, boosted by some near-term cool weather and expectations for another light weekly inventory build on Thursday. As of 9:43 a.m. EDT, front-month June natural gas futures on the New York Mercantile Exchange. were at $4.388 per million British thermal units, up 4.5 cents, or just over 1 percent.