Archive / Author

Subscribe

Weather Bulls, Supply Bears Set to Square Off; December Called Flat

December natural gas is set to open unchanged Monday morning at $2.96 as weather forecasts hint at cooling to come, but show no immediately pervasive trends beyond the current warm-dominated patterns. Overnight oil markets inched higher.

October 30, 2017

Sluggish Futures Can’t Match Exuberant NatGas Cash; December Nearly Flat

Physical natural gas for Tuesday delivery bounded higher in Monday’s trading, recovering somewhat from Friday’s 16-cent drubbing, but also reflecting cool, stormy conditions over the Northeast.

October 30, 2017

Big Shift in Overnight Weather Models; November Called 8 Cents Lower

November natural gas is set to open 8 cents lower Friday morning at $2.81 as overnight weather data resulted in a large decrease in forecast heating load. Overnight oil markets fell.

October 27, 2017
Physical NatGas Ends Wacky Week With Solid Weekly Gains

Physical NatGas Ends Wacky Week With Solid Weekly Gains

Weekly natural gas trading started off with a bang as a perfect storm of soaring temperatures, loss of electrical transmission,, and constrained pipeline transportation converged on the Los Angeles Basin and set prices early in the week rocketing by $9 to upwards of $12.

October 27, 2017

Moderating SoCal And Weak November NatGas Contract Expiration Lead Cash, Futures Lower

Physical natural gas for weekend and Monday delivery was in abundant supply in Friday’s trading, and with sellers outnumbering buyers and a weak settlement of the November futures contract, prices tumbled.

October 27, 2017
Cash NatGas, November Futures Both Off 3 Cents in Thursday Trading

Cash NatGas, November Futures Both Off 3 Cents in Thursday Trading

Physical natural gas and futures each slipped lower Thursday as cash traders scurried to get their deals done ahead of the often volatility-inducing Energy Information Administration (EIA) storage report. Gains in California and steady pricing in Appalachia were unable to offset weakness in Texas, Louisiana, the Northeast and Southeast. TheNGI National Spot Gas Average fell 3 cents to $2.69.

October 26, 2017

Weather Outlook Mixed; November Seen 4 Cents Lower

November natural gas is expected to open 4 cents lower Thursday morning at $2.88 as overnight weather data shows no clear evidence of sustained cold ahead of government inventory data showing a less than normal storage build. Overnight oil markets were mixed.

October 26, 2017
Natural Gas Futures Slide Following On-Target Storage Figures

Natural Gas Futures Slide Following On-Target Storage Figures

November natural gas futures fell Thursday following a report by the Energy Information Administration (EIA) showing a storage build that was right on target with what traders were expecting.

October 26, 2017
NatGas Cash, Futures Slide Lower; November Loses A Nickel

NatGas Cash, Futures Slide Lower; November Loses A Nickel

Natural gas for delivery Thursday continued on Wednesday’s downward trek as gains in Appalachia along with steady pricing in the Rocky Mountains were not able to offset steep declines in California as pricing at the SoCal Citygate was reined in to more normal levels.

October 25, 2017

Weather Models In Disagreement; November Seen 4 Cents Lower

November natural gas is set to open 4 cents lower Wednesday morning at $2.93 as overnight weather models run into conflicts over forecast cooling. Overnight oil markets were mixed.

October 25, 2017