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.
Articles from Cooler
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.
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.
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.
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.
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.
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.
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 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.
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.