Jeremiah Shelor

Natural gas futures sold off more than a nickel Wednesday as forecasts turned milder for late this month, taking some of the edge off generally supportive March cold. In the spot market, a big drop at SoCal Citygate led the way lower as points fell across most of country; the NGI National Spot Gas Average tumbled 13 cents to $2.62/MMBtu.

April natural gas was set to open Tuesday about 3 cents higher at around $2.805, with more cold adjustments overnight in the weather data helping the market to build on Monday’s rally.

Natural gas futures traded both sides of even Tuesday but ultimately held on to Monday’s gains as weather models continued to advertise cold temperatures in the East this week and next. In the spot market, more import constraints sent SoCal Citygate prices spiking, while Northeast and Mid-Atlantic points gained on the latest storm to hit the region this month; the NGI National Spot Gas Average climbed 7 cents to $2.75/MMBtu.

Natural gas futures traded both sides of even Tuesday but ultimately held on to Monday’s gains as weather models continued to advertise cold temperatures in the East this week and next. In the spot market, more import constraints sent SoCal Citygate prices spiking; the NGI National Spot Gas Average climbed 7 cents to $2.75/MMBtu.

April natural gas was set to open Monday about 4.9 cents higher at around $2.781 as forecasters pointed to a short- and medium-term weather outlook that they said turned much more supportive over the weekend.

Natural gas futures added close to a nickel Monday as medium-range forecasts turned notably colder over the weekend — and winter looked to hold on a while longer. In the spot market, Northeast and Mid-Atlantic prices strengthened on yet another East Coast storm, and the NGI National Spot Gas Average climbed 19 cents to $2.68/MMBtu.

Natural gas futures added close to a nickel Monday as medium-range forecasts turned notably colder over the weekend — and winter looked to hold on a while longer. In the spot market, Northeast and Mid-Atlantic prices strengthened on yet another East Coast storm, and the NGI National Spot Gas Average climbed 19 cents to $2.68/MMBtu.

Natural gas futures lost steam Friday after a promising start to the week, as a relatively light storage pull combined with medium-range warming trends to weigh on prices. Expectations for Lower 48 demand to moderate over the weekend accompanied widespread spot price declines, while points in the Mid-Atlantic gained on forecasts for another winter storm; the NGI National Spot Gas Average fell 5 cents to $2.49.

Natural gas futures lost steam Friday after a promising start to the week, as a relatively light storage pull combined with medium-range warming trends to weigh on prices. Expectations for Lower 48 demand to moderate over the weekend accompanied widespread spot price declines, while some East Coast points gained on forecasts for another winter storm; the NGI National Spot Gas Average fell 5 cents to $2.49.