August natural gas is expected to open 5 cents lower Wednesday morning at $2.71 as the technical environment weakens and the weather outlook holds mostly steady. Overnight oil markets fell again.
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Milder Weather? No Problem; July Called 2 Cents Higher
July natural gas is expected to open 2 cents higher Monday morning at $2.68 as traders continue to see a consolidation pattern and discount near-term weather reports showing slightly milder conditions. Overnight oil and equity markets fell. Dow Jones futures dropped 123 points to 17,124.
Traders Mull Expected Lean Storage Stats; July Called Flat
July natural gas was set to start trading unchanged Thursday morning at $2.47as traders await the release of government storage figures expected to continue the trend of below-average inventory increases. Overnight oil markets fell.
Supportive EIA Price Forecast Little Help to Bulls; June Called Flat
June natural gas is set to open unchanged Wednesday morning at $2.16 as traders balance a moderately supportive government forecast with seasonal weather. Overnight oil markets rose.
Supportive EIA Price Forecast Little Help to Bulls; June Called Flat
June natural gas is set to open unchanged Wednesday morning at $2.16 as traders balance a moderately supportive government forecast with seasonal weather. Overnight oil markets rose.
Cooler Temps Forecast, May Called 3 Cents Higher
May natural gas is set to open 3 cents higher Monday morning at $1.93 as traders note a somewhat supportive weather outlook and discount any oil-related impacts. Overnight oil markets tumbled on the failure of OPEC to reach agreement on production stabilization.
Cooler Temps Forecast, May Called 3 Cents Higher
May natural gas is set to open 3 cents higher Monday morning at $1.93 as traders note a somewhat supportive weather outlook and discount any oil-related impacts. Overnight oil markets tumbled on the failure of OPEC to reach agreement on production stabilization.
‘Old Man Winter’ Still Alive; May Called 5 Cents Higher
May natural gas is expected to open 5 cents higher Monday morning at $2.01 as weather forecasts in both the short and medium term send a stern reminder that cold temperatures aren’t quite ready to depart. Overnight oil markets rose.
Futures Flirting With $2; May Called A Penny Higher
May natural gas is set to open a penny higher Wednesday morning at $1.99 as overnight trading pushed toward a technical breakout and forecasters called for cooling, albeit moderate, next week. Overnight oil markets improved.
First Storage Build On Tap; April Seen A Penny Lower
April natural gas is expected to open a penny lower Thursday morning at $1.78 as traders juggle a changing weather outlook with indications that storage is filling fast. Overnight oil markets fell.