December Nymex natural gas futures fell Thursday amid a bearish triple threat of exceptionally warm November weather, stout production and slightly weaker LNG exports, which bulls could not counter with the delay of a storage report that may have given them support.

At A Glance:

  • Production at 96.5 Bcf/d
  • Uneven weather outlook
  • Storage situation improves

The U.S. Energy Information Administration (EIA) had a planned systems upgrade on Thursday, the usual day to report storage results from the previous week. The print, which could show the first withdrawal of the season, is scheduled to be released next Thursday in conjunction with the results for the week ending Friday (Nov. 10).

Absent the report, the December Nymex natural gas futures contract shed its early morning gains...