Markets

November Natural Gas Treads Water as Traders Seek Confirmation of Milder Temps

Natural gas winter prices moved in and out of positive territory Tuesday as weather models provided more clarity about breaks between pre-winter cold snaps that are on tap for the rest of the month. The Nymex November futures contract eventually settled at $3.239, down three-tenths of a cent on the day. Most of the remaining winter contracts also settled less than a penny lower, except January, which fell 1.5 cents to $3.374. Read More

Natural Gas Winter Prices Rally as Current Cold Snap to Linger Through October

For the second weekend in a row, a bullish turn in the weather outlooks led to a sharp rally in core winter natural gas contracts to start the week, elevating November natural gas prices on Monday by 8.1 cents to $3.242. Spot gas prices also strengthened as the early-season cold snap drove up demand across much of the United States. The NGI National Spot Gas Avg. rose 17 cents to $3.135. Read More

What Rally? Gains Erased as November NatGas Slips Another 6 Cents; Rockies Spot Gas Up

What is usually a quiet day of trading was anything but on Friday as November natural gas prices swung in a nearly 15-cent range before settling 6.1 cents lower at $3.161. Despite bullish weather forecasts that remained intact, lower demand because of former Hurricane Michael and recovering production following the storm helped market bears regain the upper hand after an early-morning rally. Read More