Colder shifts in weather forecasts for mid-November outweighed the potential for increased storage injections, propelling natural gas futures on Monday.


After losing ground to close out last week, the December Nymex gas futures contract climbed 67.1 cents day/day and settled at $6.355/MMBtu. January gained 65.4 cents to $6.607.

NGI’s Spot Gas National Avg. rose 4.0 cents to $4.385.

The latest forecast from Maxar’s Weather Desk Monday showed colder trends day/day for the eastern half of the Lower 48 in the 11- to 15-day period (Nov. 10-14). Both the American and European modeling added several heating degree days to their respective projections, Maxar said.

The forecaster said a pattern shift during the 11- to 15-day period would “allow for a colder air flow from the...