Leticia Gonzales

July natural gas prices were treading water ahead of Tuesday’s market open, trading just one-tenth of a cent lower at $2.922 as the latest weather models backed off some of the cooler risks in the long range, but increased them in the medium term.

July natural gas prices treaded water throughout Tuesday’s trading session — ultimately gaining just 1.6 cents to settle at $2.939 — as the latest weather data held slightly cooler trends for the first week of July, while maintaining a hot pattern overall for the June 29-July 6 period. Spot gas prices were mixed amid a slew of maintenance events and mild weather on tap for the next couple of days. The NGI National Spot Gas Average edged up 4 cents to $2.58.

July natural gas prices treaded water throughout Tuesday’s trading session — ultimately gaining just 1.6 cents to settle at $2.939 — as the latest weather data held slightly cooler trends for the first week of July, while maintaining a hot pattern overall for the June 29-July 6 period. Spot gas prices were mixed amid a slew of maintenance events and mild weather on tap for the next couple of days. The NGI National Spot Gas Average edged up 4 cents to $2.58.

July natural gas prices were decidedly lower Monday morning, trading 3 cents lower at $2.915 ahead of the market open despite increasing heat in the near term.

July natural gas prices ended the day not far from where they started, settling 2.2 cents lower at $2.923 Monday as production appears on track to keep posting records despite some lingering restrictions as maintenance season comes to a close. Spot gas prices were mixed, with several pricing points putting up gains or losses of less than a dime. The NGI National Spot Gas Average climbed 4 cents to $2.54.

July natural gas prices ended the day not far from where they started, settling 2.2 cents lower at $2.923 Monday as production appears on track to keep posting records despite some lingering restrictions as maintenance season comes to a close. Spot gas prices were mixed, with several pricing points putting up gains or losses of less than a dime. The NGI National Spot Gas Average climbed 4 cents to $2.54.

July natural gas futures were set to open about 3 cents lower at $2.945 Friday morning as weather models turned slightly cooler for the South and Gulf Coast in the medium term.

What goes up must come down was the theme for Friday trading action as July natural gas prices quickly put the brakes on a heat-induced rally as weather outlooks began hinting of cooler weather ahead. The Nymex July natural gas futures contract traded in a less than 7-cent range on Friday, hitting its $2.991 peak early in the session and then trading closer to its $2.926 low end for the last hour until settling at $2.945, down 3 cents on the day.

What goes up must come down was the theme for Friday trading action as July natural gas prices quickly put the brakes on a heat-induced rally as weather outlooks began hinting of cooler weather ahead. The Nymex July natural gas futures contract traded in a less than 7-cent range on Friday, hitting its $2.991 peak early in the session and then trading closer to its $2.926 low end for the last hour until settling at $2.945, down 3 cents on the day.