December

Production Declines in Big Seven Plays to Continue Next Month, EIA Says

Production Declines in Big Seven Plays to Continue Next Month, EIA Says

Oil and natural gas production from the nation’s seven largest unconventional plays, which has been trending lower for months, is expected to decline once again in December, according to data from the Energy Information Administration (EIA).

November 14, 2016

Weather Bulls Can’t Get A Break; December Seen A Nickel Lower

December natural gas is expected to open 5 cents lower Friday morning at $2.58 as traders assess the likelihood of mild conditions and continued storage builds continuing into December. Overnight oil markets fell.

November 11, 2016
Mild Weather, Record Storage Depress Natural Gas Forwards Markets

Mild Weather, Record Storage Depress Natural Gas Forwards Markets

This week’s presidential election wasn’t the only thing sending shockwaves through the natural gas industry. Persistently mild weather and expectations of bearish storage news once again took a toll on natural gas forwards markets, which swung wildly between Nov. 4 and 9 and ultimately slid about 8 cents on average, according to NGI’s Forward Look.

November 11, 2016
December NatGas Shrinks Further on Weather, Record Storage

December NatGas Shrinks Further on Weather, Record Storage

This week’s presidential election wasn’t the only thing sending shockwaves through the natural gas industry. Persistently mild weather and expectations of bearish storage news once again took a toll on natural gas forwards markets, which swung wildly between Nov. 4 and 9 and ultimately slid about 8 cents on average, according to NGI’s Forward Look.

November 10, 2016

Market Flat Following Trump Victory; December Seen Vulnerable

December natural gas is set to open unchanged Wednesday morning at $2.63 as traders discount weather forecasts continuing to call for mild conditions with only brief interludes of cold. Overnight oil markets eased, and the Dow Jones Industrial Average fell 287 points following the election of Donald Trump as U.S. president.

November 9, 2016

Traders Mull Shifting Supply Dynamic; December Seen 12 Cents Lower

December natural gas is expected to open 12 cents lower Tuesday morning at $2.70 as weather models show mild temperatures continuing for another two weeks. Overnight oil markets were narrowly mixed.

November 8, 2016

Cooler Temps Arriving; December Called 6 Cents Higher

December natural gas is set to open 6 cents higher Monday morning at $2.83 as weather models for the near term dial up a more seasonal outlook. Overnight oil markets were mixed.

November 7, 2016

Traders Cite Reversal Pattern, Yet December Called A Penny Lower

December natural gas is showing continued weakness before release of weekly storage figures, although some traders see an important market turning point in play. December is expected to open a penny lower at $2.78. Overnight oil market rose.

November 3, 2016

Deja Vu All Over Again; December Called Down 9 Cents on Updated Weather

December natural gas is set to open 9 cents lower Wednesday morning at $2.81 as updated weather models show ongoing warmth with little likelihood of tapping into any cold air anytime soon. Overnight oil markets fell.

November 2, 2016

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