Jeremiah Shelor

The Energy Information Administration (EIA) reported a net injection into U.S. gas stocks for the week ended Dec. 1, a bearish miss on what was already a bearish consensus leading up to the report.

Natural gas futures sold off sharply Thursday, with a rare December storage injection doing little to ease market concerns over volatility in the latest weather outlook. Outside of some strength in the Mid-Atlantic and New York, the bears controlled the spot market too, and the NGINational Spot Gas Average declined 12 cents to $2.86/MMBtu.

January natural gas was set to open about 3 cents higher Wednesday at around $2.951 as the market looks to assess the impact from the arrival of more frigid temperatures across the eastern half of the country beginning this week.

Natural gas futures traded in a holding pattern Wednesday as a seemingly loose supply/demand picture kept the bulls from gaining any traction despite the arrival of December cold.

January natural gas was set to open about 6 cents lower at around $2.92 Tuesday as the market noted some heating demand losses in the overnight forecast.

Natural gas futures continued lower Tuesday, with a wintry forecast unable to persuade a skeptical market seeing signs of looseness in the fundamentals. A cold blast set to move through this week helped lead prices higher in the cash market, though increases were modest in many regions; the NGI National Spot Gas Average climbed 7 cents to $2.86/MMBtu.

January natural gas was set to open about 4 cents higher Monday to around $3.102 as projected heating demand increased in the 15-day outlook over the weekend.

Rover Pipeline LLC is ready to place three eastern Ohio supply laterals and associated compressor stations into service this month, the operator told FERC Friday.

Rover Pipeline LLC is ready to place three eastern Ohio supply laterals and associated compressor stations into service this month, the operator told FERC Friday.