• Natural gas futures pause on fluctuating weather outlooks, lower LNG demand
  • Adequate supplies seen for remainder of winter despite upcoming cold blasts
  • Northeast cash rallies again on approaching winter storm

Natural Gas Futures Stall as Major Snowstorms Heads Toward East Coast

Natural gas futures shifted into neutral Tuesday amid some inconsistencies in the weather data and a dip in liquefied natural gas (LNG) demand. After four straight sessions in the green, the January Nymex gas futures contract settled flat on the day at $2.682. February also was nearly unchanged at $2.680.

Coronavirus

Spot gas prices were mixed across most of the United States, but big gains continued on the East Coast ahead of a second winter storm set to unleash frigid air on the region. NGI’s Spot Gas National...