Natural gas forward prices for April were down an average of 12 cents between March 18 and March 24 as swelling storage inventories and forecasts for mostly mild weather pressured markets, NGI Forward Look data shows.
April
Articles from April
Bulls Take A Breather; April Called 4 Cents Lower
April natural gas is expected to open 4 cents lower Monday morning at $1.87 as risk managers see no need to enter the market and technical factors deteriorate. Overnight oil markets were mixed.
March 21, 2016
Traders Mull Coming Warmth; April Called 2 Cents Lower
April natural gas is expected to open 2 cents lower Friday morning at $1.92 as traders factor in a warming trend expected for early next week. Overnight oil markets rose.
March 18, 2016
Fundamentals Weak, But Technicals Improving; April Called A Penny Lower
April natural gas is set to open a penny lower Wednesday morning at $1.84 as traders balance ongoing fundamental downward pressure with an improving technical outlook. Overnight oil markets rose.
March 16, 2016
Weather-Driven Demand Rapidly Waning; April Called 3 Cents Lower
April natural gas is expected to open 3 cents lower Monday morning at $1.79 as weather forecasts become more variable but fail to change the overall pattern of ongoing moderation. Overnight oil markets fell.
March 14, 2016
Cooler Temperatures Seen Next Week; April Called A Nickel Higher
April natural gas is expected to open 5 cents higher Friday morning at $1.84 as analysts see oversold market conditions continuing to unwind along with expected cooler conditions next week. Overnight oil markets rose.
March 11, 2016
Weather Models Slow Warming Trend; April Called 4 Cents Higher
April natural gas is set to open 4 cents higher Wednesday morning at $1.75 as weather models show less warming. Overnight oil markets rose.
March 9, 2016
Monday Gains Extended; April Called 2 Cents Higher
April natural gas is expected to open 2 cents higher Tuesday morning at $1.71 as traders factor in a counter-intuitive market response to continued forecasts of moderating temperatures. Overnight oil markets rose.
March 8, 2016
Weather Models In Greater Agreement; April Called 4 Cents Lower
April natural gas is set to open 4 cents lower Thursday morning at $1.64 as weather models are in greater agreement on forecast warm patterns and traders hone short-term trading algorithms in preparation for the release of government storage figures. Overnight oil markets fell.
March 3, 2016
Weak Heating Load Expected; April Seen 4 Cents Lower
April natural gas is expected to open 4 cents lower Wednesday morning at $1.70 as traders digest extreme eastern warmth seen in near-term forecasts and heating degree days about half of normal. Overnight oil markets were mixed.
March 2, 2016
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