As traders tried to decipher a “murky” outlook for the timing of restored export volumes out of the Gulf Coast, natural gas futures were down several cents in early trading Monday. The November Nymex contract was off 5.0 cents to $2.723/MMBtu at around 8:50 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

Analysts at EBW Analytics Group attributed heavy selling in after-hours trading Friday to reports that clearing a sunken barge obstructing the Calcasieu Ship Channel could take three to four weeks, news that put a damper on the outlook for liquefied natural gas (LNG) exports out of the Cameron LNG terminal.

“This morning, however, Cameron has ramped up feed gas flows to 0.8 Bcf/d, creating optimism LNG tankers will soon arrive,” the EBW analysts said. “Separately, an obstruction at Sabine Pass should be...