July Natural Gas prices logged a new high for the move during the initial morning hours. The trade
caught an impressive lift following yesterday's weekly natural gas storage report that
showed an injection of 89 bcf. Total storage stands at 2,053 bcf or 3….
Liquidity Gradually Growing in CME Group Contracts
CME Group’s launch of two
polyethylene and two polypropylene futures contracts in 2008 was received with some skepticism,
given that those markets had spent decades operating in relative opacity. Since then, liquidity has
been gradually growing, and the contracts are catching the attention of a new audience thanks to a
confluence of factors… Read more
The market has gained back some of its upside momentum after the EIA released a bullish inventory
report. It was bullish compared to the market expectations and the five year average (see below for
a more detailed discussion)….
Yesterday's late day rebound in June Natural Gas prices saw a bit more follow through
overnight, but struggled to overtake yesterday’s high….
Each week, we poll 40 professional storage forecasts for our weekly Natural-Gas Storage Box Scores
(as seen in each bi-weekly issue of Energy Metro Desk*). This is North America’s biggest and most
comprehensive natural-gas storage survey and report….
After three days moving higher the spot Nat Gas futures contract is taking a breather today heading
lower. The spot futures price is now hovering near the current technical support level of
$4.16/mmbtu and well off of its intraday high of $4.228/mmbtu….
NYMEX Options Expiration Operational Procedures for the Trading Floor and Clearing Members (HHQ) Effective Thursday, May 23, 2013
The expiration date for the June 2013 option contracts for the Henry Hub Natural Gas Quadultimate
Option (HHQ) is Thursday, May 23, 2013. FLOOR PROCEDURES All Floor Traders that carry on
option position at the close of business on the day prior to the expiration day, or engaged in
trading activity on Expiration Day in the expiring contract(s) are… Read more
June Natural Gas prices trended higher during the overnight trading hours and posted a new high for
the recent advance in the process….
The World’s Most Liquid Crude Oil Benchmark
Light Sweet Crude Oil (WTI) is a
significant physical market price reference – it serves as a benchmark for approximately 10 million
barrels of daily North American production and has become the most efficient hedging tool for
hundreds of commercial oil companies. Light Sweet Crude Oil (WTI) futures and options are the
world’s… Read more
The Nat Gas rally continues for yet another session with the spot Nymex futures price now trading
above the latest resistance area of $4.16/mmbtu? at least on an intraday basis….