Natural gas futures advanced for a fourth consecutive session on Monday as a bout of chilly spring weather was forecast to sweep across large swaths of the Lower 48, likely providing a boost for demand and cash prices.

NGI Storage Snapshot

The May Nymex contract settled at $2.561/MMBtu, up 3.5 cents day/day. June climbed 3.8 cents to $2.643.

As improved weather-driven demand loomed, spot gas prices ticked up as well. NGI’s Spot Gas National Avg. advanced 11.5 cents to $2.380 to start the week.

Solid liquefied natural gas (LNG) levels added further support. LNG feed gas volumes hovered close to 2021 highs around 11 Bcf on Monday, as U.S. export demand from destinations in Asia and Europe held strong.

“This week’s trading will be heavily affected by weather,” analysts at EBW Analytics...