In an unsurprising move, natural gas futures bounced back from a four-day decline to finish the week firmly in positive territory. With a boost from technicals, colder changes in the weather models sparked a 7.6-cent rally for the January Nymex gas futures contract, which settled at $4.132. February also climbed 7.6 cents to $4.073.

market

At A Glance:

  • Coming cold blast not likely to last
  • U.S. LNG may reach limit in January
  • Chilly weather boosts West Coast cash

Spot gas prices recorded another day in the red given a mostly mild temperature backdrop. NGI Spot Gas National Avg. fell 31.0 cents to $3.865.

After plunging a steep $1.42 over the past four trading sessions, the January contract was poised for a recovery. A colder turn in the overnight weather models sealed the swing to...