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

At A Glance:

  • Prompt month jumps 67 cents
  • Cash prices recover in West Texas
  • Analysts expect stout storage injection

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.

[Want to visualize Henry Hub, Houston Ship Channel and Chicago Citygate prices? Check out NGI’s daily natural gas price snapshot now.]

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...