Natural gas futures faltered Friday, ending a four-day win streak built on impressive cold blasts. Traders took profits after the run-up and shifted their attention to the delayed relaunch of a critical export terminal and the potential for milder weather late in November.


At A Glance:

  • Key export plant targets December return
  • Market looks for storage withdrawals
  • Forecasts hint at milder weather ahead

The December Nymex gas futures contract settled at $6.303/MMBtu, down 6.6 cents day/day. January slipped 2.8 cents to $6.716.

NGI’s Spot Gas National Avg., however, gained 14.0 cents to $6.685 amid freezing conditions and powerful snowstorms in the Northeast.

NatGasWeather said that, while bitter cold and snow were expected to pepper the central and eastern United States...