December

Natural gas futures found fresh footing on Monday, as traders mulled an updated relaunch timeline for a major export facility, railroad union members considered a strike, and forecasts pointed to another round of wintry weather in early December. At A Glance: LNG facility aims for December return Demand could intensify next month Analysts expect large…

Colder shifts in weather forecasts for mid-November outweighed the potential for increased storage injections, propelling natural gas futures on Monday. At A Glance: Prompt month jumps 67 cents Cash prices recover in West Texas Analysts expect stout storage injection After losing ground to close out last week, the December Nymex gas futures contract climbed 67.1…

Production of both oil and natural gas out of the most prolific U.S. onshore unconventional plays will increase slightly in December compared with this month, continuing a longstanding upward trend, according to the Energy Information Administration (EIA).

Permits to drill in the U.S. onshore hit their second highest level for 2018 in December at 5,647, behind only November, Evercore ISI said Tuesday.

Production of natural gas and oil from the nation’s seven most prolific onshore unconventional plays, which has been on the upswing throughout 2017, is expected to increase again in the first month of 2018 compared with December, according to the Energy Information Administration (EIA).

January natural gas was set to open about 4 cents higher at around $2.815 Monday, as forecasters were pointing to some potential cold risks in the long-range weather outlook.

December natural gas was set to open about a dime higher at around $2.92 Monday, with the market eyeing long-range cold after a large drop Friday to price in some above-normal temperatures in the shorter-term.

December natural gas was set to open Tuesday about a penny lower at around $3.035 as more disagreement between the major weather models clouded the outlook for early December.

December natural gas was set to open about 6 cents lower Monday at around $3.04 amid mixed signals in the weather data and some uncertainty about the extent of a cold pattern expected to move in at the start of December.