November natural gas is expected to open 4 cents lower Thursday morning at $2.88 as overnight weather data shows no clear evidence of sustained cold ahead of government inventory data showing a less than normal storage build. Overnight oil markets were mixed.
Articles from Colder
Weather Models Much Warmer; March Called 7 Cents Lower
March natural gas is set to open 7 cents lower Monday morning at $2.96 as weather models over the weekend turned sharply warmer near term and forecast heating requirements were slashed. Overnight oil markets fell.
Weather, Technicals Looking Soft; March Called 10 Cents Lower
March natural gas is expected to open 10 cents lower Monday morning at $3.26 as near-term weather forecasts could only come up with transient cold patterns affecting major eastern energy markets. Overnight oil markets weakened.
Cold Is Coming; January Called 14 Cents Higher
January natural gas is expected to open 14 cents higher Monday morning at $3.58 as more deferred weather forecasts turned sharply colder. Overnight oil markets rose.
Weather Models Turning Cooler; Expiring December Called 10 Cents Higher
The expiring December natural gas futures contract is expected to open 10 cents higher Monday morning at $3.19 as weather trends continue to favor cooler regimes going forward while production and drilling lag. Overnight oil markets rose.
Orderly Price Advance Seen; December Called 5 Cents Higher
December futures are expected to open 5 cents higher Tuesday morning at $2.80 as near-term overnight weather turned slightly cooler. Overnight oil markets surged.
Southeast Seen Cooler; March Called 3 Cents Higher
March natural gas is set to open 3 cents higher Wednesday morning at $1.93 as traders factor in weather forecasts turning a scooch cooler in the Southeast. Overnight oil markets rose.
Forecasts Turn Milder; March Called Down 13 Cents
March natural gas is expected to open 13 cents lower Monday morning at $2.17 as overnight weather forecasts took a hard moderate turn for key population centers. Overnight petroleum markets plunged.
Weather Models Mixed; February Called 3 Cents Lower
February natural gas is expected to open 3 cents lower Monday morning at $2.43 as overnight weather models hint at mild conditions in the longer term and the technical case for continued higher prices weakens. Overnight oil markets were mixed.
Back to The Future; January Called 3 Cents Lower
January natural gas is set to open 3 cents lower Tuesday morning at $1.88 as traders discount Monday’s rally and anticipate renewed selling pressure consistent with a weak weather outlook. Overnight oil markets were mixed.