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Daily Prices

8/30/24

With Storage Stout and Autumn Approaching, Natural Gas Futures Falter — MidDay Market Snapshot

By Kevin Dobbs

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Published in: Daily Gas Price Index Filed under:

Coming off a slump the week before, natural gas futures extended their losing ways through early afternoon trading on Monday. Market participants fixated on early signs of fall weather and robust supplies. Near-term heat, however, propelled cash prices.

NGI's Florida Gas Zone 3 MidDay Alert Prices

Here’s the latest:

  • September Nymex natural gas contract trading down 6.0 cents to $1.962/MMBtu at around 2:20 p.m. ET
  • Market hangover from larger-than-expected U.S. Energy Information Administration (EIA) storage print endures

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Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.