eia storage report

With the market preparing to digest the latest round of government inventory data, and awaiting more clarity from weather models on temperatures later this month, natural gas futures were close to unchanged in early trading Thursday. The January Nymex contract was down 0.1 cents to $2.441/MMBtu at around 8:45 a.m. ET. Estimates for this week’s…

Natural gas futures rebounded in early trading Wednesday as the latest weather data showed less warmth in the weeks ahead. The January Nymex contract was up 10.4 cents to $2.503/MMBtu at around 8:50 a.m. ET. Weather models overnight extended colder trends from Tuesday’s midday runs, resulting in an increase in gas-weighted degree day expectations in…

With seemingly no end in sight for milder winter temperatures in the forecast, natural gas futures, coming off a 27.3-cent rout in the previous session, traded close to even early Friday. The January Nymex contract was off 0.7 cents to $2.500/MMBtu at around 8:50 a.m. ET. Updated forecast guidance appeared to offer little encouragement for…

Natural gas futures were in freefall early Thursday as overnight guidance further weakened the amount of potential cold expected to arrive later this month. After dropping 10.0 cents in Wednesday’s trading, the January Nymex contract was down another 16.3 cents to $2.617/MMBtu at around 8:50 a.m. ET. Coming off of milder trends for the Dec.…

Natural gas futures retreated somewhat early Wednesday as traders weighed the potential for the front month expiration and the impending release of new government inventory data to influence prices. The expiring December Nymex contract was down 2.4 cents to $2.751/MMBtu at around 8:45 a.m. ET. January was down 2.0 cents to $2.880. The latest forecast…

Boosted by a colder look to forecasts for early December, natural gas futures extended their recent gains in early trading Tuesday. The December Nymex contract was up 5.5 cents to $2.766/MMBtu at around 8:40 a.m. ET. January was up 6.3 cents to $2.886. After “not being quite as bearish” in Monday’s runs, the weather data…

With weather models teasing the prospect of some cooler temperatures reaching the eastern Lower 48 next month, natural gas futures pared their losses in early trading Friday. After falling 12.0 cents in the previous session, the December Nymex contract was up 7.3 cents to $2.665/MMbtu at around 8:45 a.m. ET. In terms of projected demand,…

Another milder shift in the overnight forecasts, coinciding with expectations for an unseasonable injection from the latest round of government inventory data, helped send natural gas futures tumbling in early trading Thursday. The December Nymex contract was down 15.1 cents to $2.561/MMBtu at around 8:40 a.m. ET. NatGasWeather attributed selling early Thursday to warmer trends…

Cooler-trending forecasts helped natural gas futures to pare some of their recent losses in early trading Wednesday. The December Nymex contract was up 4.7 cents to $2.739/MMBtu at around 8:40 a.m. ET. The major weather models added demand to the outlook overnight, with both the American and European datasets now showing at least 10 additional…