Natural gas futures recovered most of their losses from late last week in early trading Monday, rising double digits as analysts continued to see indications of domestic prices responding to conditions in overseas markets. After settling 24.8-cents lower on Friday, the November Nymex contract was up 21.7 cents to $5.836/MMBtu at around 8:45 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

Rallying prices in after hours trading early Monday appeared to coincide with a move higher in European prices, according to Bespoke Weather Services.

“Things continue to be volatile, and if you blink, you likely miss a move,” Bespoke said. “Our stance remains ‘slightly bearish,’ but keeping in mind that there can, and likely will be, wild moves in both directions until we reach the time when the bearish weather pattern...