Winter Preview Part 1: East Coast NatGas Markets on Edge with Narrow Margins; Midwest Looks Well Supplied

The natural gas market is balanced on a knife’s edge heading into Winter 2018/19. Meager end-October stockpiles could create problems getting the gas to where it’s needed if cold weather surprises, analysts say, while surging Lower 48 production growth could see the market loosen significantly should winter weather fail to impress. Read More

Chilling Cold Creeps Back into Weather Outlooks, December NatGas Slides a Penny

Shoulder-season volatility -- in both weather models and natural gas pricing -- continued on Tuesday as traders appeared unsure of what to make of the latest weather data, which reflected a return to cold weather in the long range but warmer weather through the medium term. The Nymex December gas futures contract, in its first day in the prompt-month position, settled at $3.187, down 1.1 cents on the day. January slipped 1.7 cents to $3.244. Read More

Mid-November Warm-Up Puts Natural Gas Bears Back in Driver’s Seat; Cold Continues to Support Cash

After waffling just a couple of cents below the previous day’s settle for much of the morning -- and even moving into positive territory -- the latest weather models provided enough confirmation in milder mid-November trends for natural gas market bears to officially claim victory, for Wednesday’s battle at least. November Nymex futures settled at $3.166, down 4.6 cents on the day. December fell 5.6 cents to $3.227, and the winter strip (November-March) dropped 5.4 cents to $3.174. Read More

Sharp Swings Continue for Natural Gas Futures as Weather Models Shift; Spot Gas Rises

Even with warmer risks in the latest weather models, cold shots that could continue well into November led to a more than 10-cent swing in prompt-month natural gas prices on Tuesday. The Nymex November gas futures contract eventually settled at $3.212, up 7.4 cents on the day. December was up 6.9 cents to $3.283, and the winter strip (November-March) climbed 5.5 cents to $3.228. Read More