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September Natural Gas Pushes Higher on Hotter Turn in Weather Forecasts; Spot Gas Slides

September natural gas prices posted an unusually sharp increase ahead of the weekend as weather forecasts that earlier in the week had shown signs of cooling dramatically changed course and now call for an amplified ridge that is expected to return quite a bit of heat to key demand regions before the end of the month. The Nymex September gas futures contract climbed 3.8 cents to settle at $2.946. Read More

September Natural Gas Forward Prices Slide as Traders Eye Cooler Weather; Northeast Rallies on Current Heat Wave

Natural gas prices for September fell an average 3 cents from Aug. 9-15 as weather forecasts began hinting of cooler weather in the weeks ahead. Northeast points, however, posted small gains as intense heat and humidity returned during the week, lifting demand and cash prices in the region, according to NGI’s Forward Look. Read More

Storage Supports Natural Gas Futures Gains as Cooler Forecast Tempers Rally

Concerns over meager storage stockpiles helped the natural gas futures market shake off cooler weather trends Tuesday as prices gained modestly for the fall and winter contracts. In the spot market, most regions strengthened as Henry Hub gained in line with prompt month futures, while pricy locations in California and the Desert Southwest moderated; the NGI National Spot Gas Average finished 7 cents higher at $2.97/MMBtu. Read More