U.S. Natural Gas Futures Gain Ground -- Market Talk

Dow Jones09-27 21:46

0946 ET - U.S. natural gas futures move higher as the November contract takes the front month position. Short-term market focus is on the impact of tropical cyclone Helene, which shut in some production in the Gulf but also knocked out power to millions in Florida, Georgia and the Carolinas. The EIA's report of a smaller-than-expected increase in natural gas storage "seems to be taking precedence," Dennis Kissler of BOK Financial says in a note. "Seasonally natural gas futures normally trend higher into early November, and while the latest storm will hamper near-term demand, the remaining heat forecast for the better 2/3 of the U.S. will pull more than average on the grid," he adds. Natural gas is up 2.8% at $2.831/mmBtu. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

September 27, 2024 09:46 ET (13:46 GMT)

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The EIA's report of a smaller-than-expected increase in natural gas storage \"seems to be taking precedence,\" Dennis Kissler of BOK Financial says in a note. \"Seasonally natural gas futures normally trend higher into early November, and while the latest storm will hamper near-term demand, the remaining heat forecast for the better 2/3 of the U.S. will pull more than average on the grid,\" he adds. Natural gas is up 2.8% at $2.831/mmBtu. 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Short-term market focus is on the impact of tropical cyclone Helene, which shut in some ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2470086785","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2470086785","pubTimestamp":1727444760,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0946 ET - U.S. natural gas futures move higher as the November contract takes the front month position. Short-term market focus is on the impact of tropical cyclone Helene, which shut in some production in the Gulf but also knocked out power to millions in Florida, Georgia and the Carolinas. The EIA's report of a smaller-than-expected increase in natural gas storage \"seems to be taking precedence,\" Dennis Kissler of BOK Financial says in a note. \"Seasonally natural gas futures normally trend higher into early November, and while the latest storm will hamper near-term demand, the remaining heat forecast for the better 2/3 of the U.S. will pull more than average on the grid,\" he adds. Natural gas is up 2.8% at $2.831/mmBtu. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4179":"石油天然气设备与服务","NGS":"Natural Gas Services Group Inc"},"translate_title":"美国天然气期货上涨——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NGS":1},"content_text":"0946 ET - U.S. natural gas futures move higher as the November contract takes the front month position. Short-term market focus is on the impact of tropical cyclone Helene, which shut in some production in the Gulf but also knocked out power to millions in Florida, Georgia and the Carolinas. The EIA's report of a smaller-than-expected increase in natural gas storage \"seems to be taking precedence,\" Dennis Kissler of BOK Financial says in a note. \"Seasonally natural gas futures normally trend higher into early November, and while the latest storm will hamper near-term demand, the remaining heat forecast for the better 2/3 of the U.S. will pull more than average on the grid,\" he adds. Natural gas is up 2.8% at $2.831/mmBtu. 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