March natural gas is set to open 7 cents higher Monday morning at $2.13 as overnight weather forecasts call for a healthy shot of near-term cold. Overnight oil markets plunged.
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Stay Short, Trader Says; February Called 7 Cents Lower
February natural gas is set to open 7 cents lower at $2.33 Tuesday morning as traders see little in the way of market-moving cold on the horizon. Overnight oil markets rose.
Futures, Cash NatGas Race Higher; January Up 14 Cents
Physical natural gas for Wednesday delivery continued the ascent established in Monday’s trading as weather forecasts continued to turn still colder and the expired January futures contract as well as the rest of the curve provided strong financial support for buyers to make incremental purchases.
Forecasters Tweak Outlooks; January Called 4 Cents Higher
January natural gas is expected to open 4 cents higher Monday morning at $1.81 as near-term trades factor in a slight cooling. Overnight oil markets fell.
Bulls Get A Break as Forecasts Inch Cooler; January Called A Nickel Higher
January natural gas is set to open 5 cents higher Thursday morning at $1.84 as the seemingly never-ending string of successive warmer forecasts was broken. Heating requirements were seen slightly higher. Overnight oil markets were mixed.
New Weather Data? New Moderation; January Called Down 4 Cents
January natural gas is expected to open 4 cents lower Tuesday morning at $1.85 as forecasters scouring recent weather data discover another episode of moderating temperatures. Overnight oil markets were mixed.
Forecast Heating Degree Days Slipping; January Called 12 Cents Lower
January natural gas is set to open 12 cents lower Monday morning at $1.87 as weather models over the weekend turned much more moderate. Overnight oil markets plunged as well. Equity markets, in turn, are expected lower.
El Nino Digs In; December Called 8 Cents Lower
December natural gas is expected to open 8 cents lower Tuesday morning at $2.13 as weather forecasts once again ratchet milder. Oil markets surged in evening trading.
Price ‘Fireworks’ Expected; December Called 4 Cents Higher
December natural gas is set to open 4 cents higher Friday morning at $2.30 as traders anticipate a leaner storage injection in government figures yet still see a soft market landscape. Overnight oil markets fell.
No Significant Cold In Sight; December Called 4 Cents Lower
December natural gas is set to open 4 cents lower Monday morning at $2.33 as traders ignore any seasonal cooling tendencies and concentrate on weather forecasts still, on balance, void of any pervasive cold. Overnight oil markets rose.