Average

Weather Outlook More Uncertain Than Ever; August Called A Penny Lower

August natural gas is expected to open a penny lower Wednesday morning at $2.93 as traders deal with weather forecasts showing a higher degree of variability than normal. Overnight oil markets were mixed.

July 26, 2017

NatGas Futures Firm Ahead Of Storage Stats; August Called 3 Cents Higher

August natural gas is set to open 3 cents higher Friday morning at $2.92 as traders factor in a modest increase in forecast cooling loads. Overnight oil markets fell.

July 7, 2017

Risk Managers Staying Short; July Called 3 Cents Lower

July natural gas is expected to open 3 cents lower Monday morning at $2.97 even though weather forecasts turned more seasonal, with above-normal temperatures seen across major energy markets. Overnight petroleum markets fell.

June 5, 2017
NatGas Forwards Post Dramatic Declines as May Expected to Close Out on Cool Side

NatGas Forwards Post Dramatic Declines as May Expected to Close Out on Cool Side

Natural gas forward prices for June plunged by an average 24 cents between May 12 and 18 as forecasts for cooler weather for the rest of May took center stage, according to NGI Forward Look.

May 19, 2017

Extraction Raises DJ Output on Enhanced Completions, Takes ‘Swift’ Action to Test Colorado Flowlines

Extraction Oil & Gas Inc., which launched as a public exploration and production company last fall, reported a surge in output from its Colorado operations during the first quarter, where enhanced drilling techniques are expected to deliver double-digit growth this year.

May 12, 2017

Technicals In Neutral; Weather Moderate, Yet June Seen 3 Cents Higher

June natural gas is expected to open 3 cents higher Wednesday morning at $3.26 as traders focus on forecasts of higher 2017 prices more so than moderating weather outlooks. Overnight oil markets rose.

May 10, 2017

Trading Still Rangebound, Choppy; June Called 6 Cents Lower

June natural gas is expected to open 6 cents lower Monday morning at $3.21 as weather forecasts offer little in the way of substantive change and risk managers look for a spot to initiate short hedges. Overnight oil markets were narrowly mixed.

May 8, 2017

Cooler Temps Still In Play; June Seen A Penny Higher

June natural gas is set to open a penny higher Wednesday morning at $3.20 as traders continue to factor in cooler temperatures going forward and early data suggests a small contraction in the storage surplus. Overnight oil markets rose.

May 3, 2017

Traders See $3.05 In Sight; May Called 2 Cents Lower

May natural gas is set to open 2 cents lower Tuesday morning at $3.14 as weather forecasts remain mild and the technical picture weakens. Overnight oil markets fell.

April 18, 2017

Weather Models Positive, Yet May Called Flat

May natural gas is set to open unchanged Wednesday morning at $3.15 as traders factor in moderately supportive weather with conflicting long-term price views. Overnight oil markets gained.

April 12, 2017