January natural gas is expected to open unchanged Tuesday morning at $2.23 as traders, for the moment, see a market capable of withstanding an onslaught of bearish weather forecasts. That may change in the next couple of days, they say. Overnight oil markets were mixed.
Bearish
Articles from Bearish
Physical NatGas Posts Gains While Futures Hold Steady
Next-day gas traded modestly higher Tuesday as brief cold weather patterns were expected to traverse the country without generating any meaningful and long-lasting cold.
Amid Chaos, Long-Term NatGas Strips Find Buyers; November Adds 3 Cents
Physical natural gas for Wednesday delivery took on a little of the tarnish left behind in Monday’s 22-cent drop of November futures.
Traders Looking Higher, But October Seen 3 Cents Lower
October natural gas is expected to open 3 cents lower Friday morning at $2.56 even though traders see market attention shifting to a more bullish perspective. Overnight oil markets gained.
Bearish Weather Outlook In Play; October Called A Penny Lower
October natural gas is seen opening a penny lower Friday morning at $2.67 as traders see a greater market impact from near-term weather forecasts than the moderately supportive gas storage report. Overnight oil markets tumbled.
NatGas Futures Zig Higher, But Cash Zags Lower; October Adds A Penny
Weather forecasts at major population centers in the East and Midwest showed a mild pricing regime, and physical natural gas buyers for the most part elected to take a pass on three-day deals for weekend and Monday volumes.
Futures Bounce Back Following Plump EIA Storage Stats
Natural gas futures fell but recovered following the release of government inventory figures showing an increase in working gas storage well above what the market had been expecting.
NatGas Cash Flat, Futures Inch Higher; Analyst Beating a Bullish Drum
Both physical and futures natural gas values drifted higher in uninspired trading Tuesday, as traders were reading the tea leaves for the market’s next big move. Physical natural gas prices were widely mixed, but most points held within a nickel either side of unchanged.
Bulls Only Bruised Following Unexpected Natural Gas Storage Build
Natural gas futures worked lower but quickly recovered following an inventory report showing an increase in working gas storage that was well above what traders were anticipating.
Bulls Only Bruised Following Unexpected Natural Gas Storage Build
Natural gas futures worked lower but quickly recovered following an inventory report showing an increase in working gas storage that was well above what traders were anticipating.