October natural gas futures traded higher for a fourth consecutive day before rolling off the books as the prompt month. Maintenance-imposed production interruptions and stronger LNG volumes offset waning weather-driven demand to support prices.

At A Glance:

  • Front month advances 10.8 cents
  • Production proves choppy again
  • High 80s Bcf injection estimated

The October Nymex gas futures contract on Wednesday gained 10.8 cents day/day and settled at $2.764/MMBtu. November advanced 5.4 cents to $2.899. It will take over as the front month contract with Thursday’s trading session.

NGI’s Spot Gas National Avg. gained a half-cent to $2.180.

Wood Mackenzie’s estimates showed total liquefied natural gas demand rising to 11.6 Bcf/d for Wednesday, up from 11.1 Bcf/d a day...