Mixed trends in regional natural gas forwards trading for the Oct. 26-Nov. 1 period saw prices climb modestly for much of the Lower 48, though mild early winter forecasts put pressure on coastal demand hubs, particularly at the front of the curve.

According to NGI’s Forward Look data, fixed prices for December delivery at benchmark Henry Hub rose 11.7 cents week/week to $3.499/MMBtu, and gains of a few pennies to a dime were common through the middle third of the Lower 48.

Volatility continued out West, where Southern California prices posted steep discounts for a second straight week as generally balmy temperatures deflated risk premiums for a market still wary of potential price spikes.

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