Leticia Gonzales

Natural gas futures continued to trade mostly sideways Thursday as much of the expected cold that was forecast to arrive this weekend has likely already been priced into the market. Meanwhile, a reported storage withdrawal that came in on the lower end of estimates sapped early gains, and the Nymex April gas futures contract went on to settle at $2.812, up just 1.3 cents. The balance of summer (May-October) also rose less than 2 cents to average $2.89.

Cheniere Energy Inc. executives are focusing on the next steps necessary to sanction Train 6 at the Sabine Pass, LA, natural gas export facility to maintain the momentum achieved in 2018 when the developer exported 273 cargoes carrying 976 trillion Btu of super-chilled fuel.

Wednesday was another choppy day for natural gas futures, as traders didn’t quite know what to make of the latest weather outlooks for early March and what may be another supportive storage Energy Information Administration (EIA) storage report. After spending much of the day in negative territory, the Nymex April gas futures contract settled its first day in the prompt-month position at $2.799, up three-tenths of a cent. Similar minute gains were seen through 2020.

Wednesday was another choppy day for natural gas futures, as traders didn’t quite know what to make of the latest weather outlooks for early March and what may be another supportive storage Energy Information Administration (EIA) storage report.

Natural gas futures strengthened for a fourth consecutive day at the front of the curve as frigid air was set to bring in one of the coldest starts to March in U.S. history. Intensifying cold in some of the recent weather data helped send the Nymex March gas futures contract rolling off the board Tuesday at $2.855, up 1.9 cents. April, which becomes the new prompt month on Wednesday, settled 1.9 cents lower at $2.796.

Natural gas futures strengthened for a fourth consecutive day at the front of the curve as frigid air was set to bring in one of the coldest starts to March in U.S. history. Intensifying cold in some of the recent weather data helped send the Nymex March gas futures contract rolling off the board Tuesday at $2.855, up 1.9 cents. April, which becomes the new prompt month, settled 1.9 cents lower at $2.796.

After some fluctuations in last week’s weather data, outlooks turned decidedly colder during the past weekend and then built on that momentum Monday, resulting in strong gains for natural gas futures. The Nymex March gas futures contract settled 11.9 cents higher at $2.836/MMBtu, and April climbed 7.6 cents to $2.815.

After some fluctuations in last week’s weather data, outlooks turned decidedly colder during the past weekend and then built on that momentum Monday, resulting in strong gains for natural gas futures. The Nymex March gas futures contract settled 11.9 cents higher at $2.836/MMBtu, and April climbed 7.6 cents to $2.815.

A choppy day of trading ended on a positive note for natural gas futures prices Friday as the latest weather forecasts added back the demand that was lost in overnight datasets. The Nymex March gas futures contract edged up 2 cents to settle at $2.717/MMBtu. April was up 1.5 cents to $2.739.