Natural gas futures eased lower in early trading Wednesday as the market continued to weigh supportive March cold against a comfortable inventory cushion at this point in the season. The April Nymex contract was off 4.6 cents to $2.527/MMBtu at around 8:45 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

Overnight forecast trends were mixed in terms of degree day adjustments, though the overall outlook for national weather-driven demand trends over the next 15 days remained intact, according to NatGasWeather.

Featuring cooler than normal temperatures for mid to late March, the weather models remained “slightly to moderately bullish the next 15 days, and if prices fail to rally in this environment, it could prove problematic for the bullish case,” NatGasWeather said.

Updated forecasts from Maxar’s Weather Desk...