Natural gas futures were trading close to even early Monday as supportive weekend weather trends were not enough to outweigh the soft shoulder season supply/demand dynamics leading to huge storage builds. 

NGI Morning Natural Gas Price & Markets Coverage

After tumbling 22.4 cents in Friday’s trading, the November Nymex contract was off 1.5 cents to $6.733/MMBtu at around 8:50 a.m. ET.

Over the weekend, both the American and European weather models added a “respectable” amount of heating degree days to the outlook, according to NatGasWeather.

“Weather patterns going into the weekend were viewed as bearish overall despite a bout of cool Canadian air advancing into the Midwest and Northeast late this week,” NatGasWeather said. After undergoing cooler trends, particularly starting late this weekend through Oct. 19,...