For all the intraweek volatility in the natural gas forward markets, prices ultimately capped the Nov. 5-11 period moderately higher as chilly weather crept back into the long-range forecast, according to NGI’s Forward Look. Though the colder weather may not last, Appalachia markets rallied sharply as the expected drop in temperatures coincided with gas flow restrictions in the region because of pipeline maintenance and a drop in production.

After the big swings throughout the week, benchmark Henry Hub moved back above the $3.00/MMBtu mark on increasing export demand. NGI data showed feed gas volumes delivered to U.S. liquefied natural gas (LNG) export terminals climbing to a record 10.6 Bcf on Thursday. The fresh peak occurred as Cameron LNG has finally ramped up full production...