Natural Gas Futures Take Step Back as Weather Models Diverge; Cash Stays Strong on Current Cold

The momentum that weather models garnered over the last few days sputtered on Wednesday, with natural gas futures prices retreating a bit after warmer revisions to the long-range outlook. The March Nymex gas futures contract closed the session at $1.955, down 2.6 cents from Tuesday’s close. April was unchanged at $1.971. Read More

Natural Gas Futures Surge as Prospects Improve for Chilly End to Winter; Cash Rallies as Storm Arrives

Weekend weather models achieved a feat that has remained elusive over the winter so far, turning massively colder over the extended holiday weekend and sending the natural gas futures surging to start the work week. The March Nymex gas futures contract jumped 14.4 cents to settle Tuesday at $1.981/MMBtu. April shot up 11.5 cents to $1.971. Read More