Many points were close to flat Monday in a mixed market that leaned mostly to the downside. The return of industrial load from a weekend slump and what is suspected to be thriving demand for early storage refills were pitted against mild weather fundamentals and the previous Friday’s 22.9-cent screen dive as primary cash trading influences.
Downside
Articles from Downside
Natgas Futures Probe Lower Again as Crude Rally Cracks
After finishing last week’s trading on a two-day climb, February natural gas futures on Monday returned to the downside with a little help from a faltering crude rally. Prompt-month natural gas reached a low of $8.310 on Monday before settling at $8.574, down 70.6 cents on the day.
Screen, Storm Likely to Rally Mixed Prices
There was a moderate bias to the downside in mixed cash pricing Wednesday, but a record prompt-month daily futures settlement and the possibility of offshore shut-ins posed by newly minted Tropical Storm Katrina were expected to unite all points in major moves higher Thursday.
Mixed Pricing Leans Slightly to the Downside
The swing market obviously had more resilience than some traders had expected because Tuesday’s prices ranged from up as much as about 15 cents to down more than a dime, defying predictions on Monday of overall softening.
Mixed Pricing Leans Slightly to the Downside
The swing market obviously had more resilience than some traders had expected because Tuesday’s prices ranged from up as much as about 15 cents to down more than a dime, defying predictions on Monday of overall softening.
Prices Mixed Again, But Mostly Softer
The cash market was mixed again Friday, but leaning considerably more to the downside than on Thursday. Several points were flat, while losses ranged to about 30 cents and gains got as high as about 15 cents. The chilly West had most of the advancing points.
Prices Mixed Again, But Mostly Softer
The cash market was mixed again Friday, but leaning considerably more to the downside than on Thursday. Several points were flat, while losses ranged to about 30 cents and gains got as high as about 15 cents. The chilly West had most of the advancing points.
Prices Mixed Again, But Mostly Softer
The cash market was mixed again Friday, but leaning considerably more to the downside than on Thursday. Several points were flat, while losses ranged to about 30 cents and gains got as high as about 15 cents. The chilly West had most of the advancing points.
Prices Mixed Again, But Mostly Softer
The cash market was mixed again Friday, but leaning considerably more to the downside than on Thursday. Several points were flat, while losses ranged to about 30 cents and gains got as high as about 15 cents. The chilly West had most of the advancing points.
Mixed Pricing Shows Bias for the Softer Side
Prices were mixed on either side of flat Monday, but the market as a whole leaned decidedly to the downside. Not much appreciable heating load remained outside the Upper Plains and Rockies.