Cents

May natural gas is set to open 2 cents lower Friday morning at $2.04 as traders see an intact technical picture, yet a growing contango. Overnight oil markets rose.

May natural gas is set to open 2 cents lower Friday morning at $2.04 as traders see an intact technical picture, yet a growing contango. Overnight oil markets rose.

A string of cold snaps, which could be the last of the season, and signs of slowing production kicked natural gas forwards up a few notches between April 1 and 7, NGI Forward Look data shows.

A string of cold snaps, which could be the last of the season, and signs of slowing production kicked natural gas forwards up a few notches between April 1 and 7, NGI Forward Look data shows.

Natural gas prices for May shifted less than nickel at most market hubs between March 28 and 31 as mostly bearish weather on tap for the next couple of weeks and an in-line storage report left the market relatively idle, according to NGI’s Forward Look.

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.

A springlike forecast for the next couple of weeks and a very bearish storage report sent natural gas forward prices even lower during the period Feb. 19 and 25, NGI’s Forward Look data shows.

March natural gas is expected to open 5 cents lower Tuesday morning at $1.91 as traders reconcile weather models showing warming trends out to the end of the month. Overnight oil markets fell.

March natural gas is expected to open 5 cents lower Tuesday morning at $2.09 as weather forecasts moderate slightly from Monday’s bullish outlook. Overnight oil markets fell.