eastern pacific oscillation

Bottom Falling Out for Natural Gas Futures as Warmth Blanketing Weather Maps

Bottom Falling Out for Natural Gas Futures as Warmth Blanketing Weather Maps

A significant warmer shift in forecasts over the weekend sent natural gas futures plunging early Monday. The January Nymex contract was down 17.9 cents to $2.396/MMBtu at around 8:45 a.m. ET. For the Dec. 17-21 time frame, days 11 to 15 of the outlook period, Maxar’s Weather Desk said its latest forecast trended warmer versus…

December 7, 2020