BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to: Latest news headlines Analytical topics and features Commodities videos, podcast & blogs Sample market prices & data Special reports Subscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber (https://pmc.platts.com), Please navigate to Platts Market Center to reset your password.

In this list
Natural Gas

NYMEX natural gas futures rise 2 cents to $2.755/MMBtu, buoyed by late withdrawal season

Natural Gas | Oil

Mexico Energy Reform

Natural Gas | Oil

Platts Wellscape P2P

Asia Pacific Petroleum (APPEC)

Electric Power | Natural Gas

Factbox: US FERC actions on natural gas infrastructure

NYMEX natural gas futures rise 2 cents to $2.755/MMBtu, buoyed by late withdrawal season

NYMEX May natural gas futures remained supported early Monday by news of storage withdrawals continuing beyond the traditional April 1 start to the refill season.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

At 7:20 am ET (1120 GMT), the contract was 2.0 cents higher at $2.755/MMBtu.

For the fourth time since 2010, gas withdrawals on a national level were reported in April, as the US Energy Information Administration last week detailed a 19 Bcf drawdown from stocks in the week ended April 6, to leave inventories at 1,335 Bcf, or 725 Bcf below the prior-year level and 375 Bcf below the five-year average.

Weather during the storage report week was seen to have bolstered heating demand relative to historical averages.

Looking ahead, the National Weather Service forecast below-average temperatures encompassing the fringes of the West and nearly the entire eastern two-thirds of the US in the 6-10 day period.

--Staff, newsdesk@spglobal.com
--Edited by Dan Lalor, daniel.lalor@spglobal.com