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.
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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.
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.
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.
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.
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.
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.
December natural gas is expected to open 8 cents lower Tuesday morning at $2.31 as longer-term weather forecasts turned milder and traders mull market support sustained by low cash prices. Overnight oil markets fell.