Leticia Gonzales

Weather models are playing mind games with natural gas traders. After stalling the return of colder weather overnight, the latest weather model run put it back on track and increased its intensity. With another drop in production, the March Nymex gas futures contract went on to settle Wednesday at $1.861/MMBtu, down just 1.1 cents. April slipped 1.5 cents to $1.887.

Natural gas forward market trading got off to a choppy start in February as fundamentals barely budge, with persistently warm weather continuing to bump up against lower production and strong exports.

Natural gas futures traders were content to leave positions intact Thursday despite another bullish storage stat and ongoing weather model volatility. The March Nymex gas futures contract settled at $1.862/MMBtu, up one-tenth of a cent from Wednesday’s close. April was unchanged at $1.887.

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

Weather models are playing mind games with natural gas traders. After stalling the return of colder weather overnight, the latest weather model run put it back on track and increased its intensity. With another drop in production, the March Nymex gas futures contract went on to settle Wednesday at $1.861/MMBtu, down just 1.1 cents. April slipped 1.5 cents to $1.887.

With tight supply/demand balances intact, natural gas futures posted a moderate gain Tuesday as a return to at least near-normal temperatures appears more likely by the middle of the month. The March Nymex gas futures contract settled near session highs at $1.872, up 5.3 cents. April climbed 4.0 cents to $1.902.

Weather models are playing mind games with natural gas traders. After stalling the return of colder weather overnight, the latest weather model run put it back on track and increased its intensity. With another drop in production, the March Nymex gas futures contract went on to settle Wednesday at $1.861/MMBtu, down just 1.1 cents. April slipped 1.5 cents to $1.887.

After some early strengthening, natural gas futures fizzled out by midday Monday as weather models struggled to maintain any sustained cold weather. The March Nymex contract touched an intraday high of $1.880/MMBtu before going on to settle at $1.819, down 2.2 cents day/day. April slipped 2.4 cents to $1.862.