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What are the futures for natural gas?

What are the futures for natural gas?

Market access

Product Name Product Size (Globex) Bloomberg
Natural Gas (Henry Hub) Physical Futures 10,000 mmBtu per month NGA Comdty
Natural Gas (Henry Hub) Last-day Financial Futures 10,000 mmBtu per month IWA Comdty
Natural Gas (Henry Hub) Penultimate Financial Futures 10,000 mmBtu per month ZAA Comdty

What is the futures price of natural gas?

Futures Overview

Energy Last Chg
Crude Oil Continuous Contract $115.07 0.98
Brent Crude Oil Continuous Contract $115.32 -0.24
Natural Gas Continuous Contract $8.708 -0.019
RBOB Gasoline Continuous Contract $3.9067 -0.0052

What is natural gas trading at right now?

GO IN-DEPTH ON Natural Gas (Henry Hub) PRICE

Precious Metals Last Unit
Natural Gas (Henry Hub) 9.62 USD per MMBtu
Heating Oil 114.12 USD per 100 Liter
Oil (Brent) 123.42 USD per Barrel
Oil (WTI) 122.11 USD per Barrel

What is the symbol for natural gas futures?

NG
Ticker Symbol: NG on the New York Mercantile Exchange (NYMEX), ENG on the electronic Chicago Board of Trade (eCBOT)

Can I buy natural gas futures?

Traders can trade natural gas futures directly on futures markets or through funds like ETFs that trade on stock exchanges.

At what time do natural gas futures trade?

Natural gas futures are traded electronically on the Globex® trading platform from 6:00 p.m. U.S. ET until 5:00 p.m. U.S. ET, Sunday through Friday. Primary natural gas futures contracts trade every calendar month, from January through December.

Is natural gas increasing or decreasing?

Production has been generally increasing since 2020, after declining because of lower prices and reduced natural gas demand, but natural gas production during the winter did not reach its pre-COVID-19 pandemic level. Imports of natural gas also increased this winter, averaging 8.7 Bcf/d.

Why is natural gas going up?

Hotter weather, slimmer supply Hot weather drives up gas prices by creating more demand for cooling. “Weather can move these prices up and down dramatically sometimes,” Molchanov said. “If it’s a very hot summer, that pushes the price up — a very cold winter pushes the price up.”

Is natural gas a good buy now?

Given the unique characteristics of natural gas, demand is on track to continue growing in the coming years. The International Energy Agency sees natural gas demand rising 31% by 2040, outperforming an expected 21% increase in oil demand. That makes it an important market for investors.

Is natural gas a good investment?

The important thing is that analysts predict this demand to be stable till around 2030. Therefore, investors have at least 15 years of uninterrupted stable cash flow making natural gas a great investment.

Is NYMEX Henry Hub?

What Is Henry Hub? Henry Hub is a natural gas pipeline located in Erath, Louisiana, that serves as the official delivery location for futures contracts on the New York Mercantile Exchange (NYMEX). The hub is owned by Sabine Pipe Line LLC and has access to many of the major gas markets in the United States.

What time does NYMEX natural gas open?

Trading of those contracts, which include crude oil, heating oil, gasoline and natural gas, as well as options on those contracts, will begin on the floor at 9 a.m. EST (1400 GMT), an hour earlier than usual.