Markets

Bulls Hoping for Cold March as Natural Gas Futures Skid Continues; Cash Mixed

Natural gas futures finished the week with another down day Friday as the weather outlook continued to antagonize winter bulls. The spot market was mixed ahead of the long weekend, featuring large declines in the Northeast and a big increase in Southern California amid new import restrictions; the NGI National Spot Gas Average gave up 4 cents to $2.41/MMBtu. Read More

Natural Gas Futures Finish Near Even Again Despite Bullish Storage Stats

Natural gas futures moved less than a penny for the second straight day Thursday as a bullish government storage report couldn’t overcome lackluster winter weather and rising production. In the spot market, a few Northeast points rallied as SoCal Citygate eased off recent gains; the NGI National Spot Gas Average added 5 cents to $2.45/MMBtu. Read More

Natural Gas Futures Rebound as Cold Risks Creep Back into Forecast; Spot Prices Mixed

After selling off heavily since the start of February, natural gas futures ticked higher Tuesday, supported by weather models hinting that more cold could push into the East later this month. Spot prices were mixed, with Northeast points falling on mild weather as SoCal Citygate spiked; the NGI National Spot Gas Average fell 4 cents to $2.50/MMBtu. Read More

Natural Gas Futures Disappointed Again as Ominous Cold Looking Less Likely

Natural gas market bulls can’t catch a break as warming trends in the latest weather models provided another blow to futures and some cash markets on Monday. Lingering chilly weather across the northern half of the country, however, kept cash prices there relatively supported. The NGI National Spot Gas Average fell a penny to $2.54/MMBtu. Read More