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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Warmer Days Ahead; March Called 2 Cents Lower
March natural gas is expected to open 2 cents lower Monday morning at $2.12 as traders factor in near-term temperature moderation. Overnight oil markets plunged.
Robust Storage Numbers On Tap; February Seen 2 Cents Higher
February natural gas is expected to open 2 cents higher Thursday morning at $2.14 as traders anticipate a government report showing the largest storage withdrawal of the season. Overnight oil markets weakened.
Weather Models Struggling With El Nino; February Seen Flat
February natural gas is set to open unchanged Wednesday morning at $2.32 as traders prepare for an onslaught of cold air but at the same time try to discern any late-month El Nino-driven warming trends. Overnight oil markets plunged.
Highly Uncertain Storage Figures On Tap; February Called 15 Cents Higher
February natural gas is expected to open 15 cents higher Thursday morning at $2.36 as traders factor in additional cooling and a high-risk storage report. Overnight oil markets were mixed.
Despite Cold, NatGas Supplies Still Plump; February Called 4 Cents Lower
February natural gas is set to open 4 cents lower Wednesday morning at $2.33 as traders consolidate positions following two days of double-digit advances and also assess the longer-term supply outlook. Overnight oil markets retreated.
Traders Factor In End-of-Week Cooling; January Called 3 Cents Higher
January natural gas is set to open 3 cents higher Wednesday morning at $2.10 as traders combine oversold market conditions with a dose of cooler temperatures expected by the end of the week. Overnight oil markets rose.
Eventual Weather-Driven Short-Covering Rally? December Seen Down 6 Cents
December natural gas is set to open 6 cents lower Friday morning at $2.21 as traders see Thursday’s price decline as an indication of lower prices to come. Overnight oil markets fell.
Traders Mull Shifting Weather Outlook; December Called Flat
December natural gas is set to open unchanged Wednesday morning at $2.37 as traders digest another change in the near-term weather outlook yet study an improving technical picture. Overnight oil markets rose.
Weather Models Studied; November Seen 2 Cents Higher
November natural gas is expected to open 2 cents higher Wednesday morning at $2.49 as weather forecasters attempt to understand widely varying model interpretations for the second half of October. Overnight oil markets rose.