June natural gas is expected to open 6 cents lower Monday morning at $3.36 as traders factor in a lack of a discernible pattern to heating and cooling requirements and see a market ripe for reducing price exposure. Overnight oil markets soared.
Cooler
Articles from Cooler
Eastern Cool Seen Lasting Longer; June Called A Penny Higher
June natural gas is set to open a penny higher Thursday morning at $3.24 as traders factor in what could be a more prolonged cool shot in the East as well as expected modestly supportive government storage figures. Overnight oil markets plunged.
May 4, 2017
Cooler Temps Still In Play; June Seen A Penny Higher
June natural gas is set to open a penny higher Wednesday morning at $3.20 as traders continue to factor in cooler temperatures going forward and early data suggests a small contraction in the storage surplus. Overnight oil markets rose.
May 3, 2017
Traders Mull Soft Demand, Weak Technicals, Yet Expiring May Called 3 Cents Higher
The expiring May futures contract is expected to open 3 cents higher Wednesday morning at $3.07 even though traders are factoring in not only weak forecast load figures, but also a deteriorating technical picture. Overnight oil markets fell.
April 26, 2017
Supportive Weather Non-Existent; May Called 6 Cents Lower
May natural gas is expected to open 6 cents lower Monday morning at $3.17 as weather models were unable to muster any significant changes and the likelihood of tapping into cold, Canadian air appeared remote. Overnight oil markets slumped.
April 17, 2017
Traders Mull Cooling Along With Technical Strength; May Called 2 Cents Higher
May natural gas is set to open 2 cents higher Monday morning at $3.21 as traders factor in modest near-term cooling along with lighter than normal heating loads. Overnight oil markets rose.
April 3, 2017
Expiring April Futures Taking No Prisoners, Called 3 Cents Higher
The expiring April natural gas contract is expected to open 3 cents higher Wednesday morning at $3.13 as spot futures trade at a new high overnight and both technicals and fundamentals appear to be aligning in the bullish camp. Overnight oil markets rose.
March 29, 2017
Risk Managers Skeptical, But April Called 4 Cents Higher
April natural gas is expected to open 4 cents higher Monday morning at $3.12 as traders factor in uncertain but cooler weather patterns and the market continues to exhibit technical strength. Overnight oil market eased.
March 27, 2017
No Bottom-Picking, Trader Says; March Called Up 2 Cents
March natural gas is set to open 2 cents higher Friday morning at $2.87 as traders factor in minimal changes to the already moderate weather outlook and avoid trying to pick a market bottom. Overnight oil markets fell.
February 17, 2017
Modest Weakness Seen Prior to Weather-Related Gains; December Called 4 Cents Lower
December natural gas is expected to open 4 cents lower Tuesday morning at $2.99 as traders factor in a modest decline into long-term support and weather models remain moderate. Overnight oil markets gained.
November 1, 2016
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
