November natural gas futures fell Thursday following a report by the Energy Information Administration (EIA) showing a storage build that was right on target with what traders were expecting.
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Weather Models Cooling; November Called 6 Cents Higher
November natural gas is set to open 6 cents higher Tuesday morning at $3.01 as weather models insert cooler temperatures in the latter stages of the near-term forecast. Overnight oil markets rose.
Traders Await Supportive Storage Stats; June Called A Penny Higher
June natural gas is set to open a penny higher Thursday morning at $3.22 as traders put the pencil to expected government storage figures that are anticipated to show a continuing tight market relative to longer-term historical averages. Overnight oil markets eased.
Futures Firm Before Anticipated Triple-Digit Storage Report; January Called Up A Penny
January natural gas is set to open a penny higher Thursday morning at $3.55 before a government storage report that is expected to show the heftiest withdrawal of the season and well above historical norms. Overnight oil markets eased.
Late-Month Warmup In Flux; January Called A Penny Lower
January natural gas is set to open a penny lower Wednesday morning at $3.46 as traders see little change in the near-term weather outlook and the technical picture turns less supportive. Overnight oil markets fell.
Brrrrr, It’s Cold; Eastern Cash Natgas Soars, Futures Post Gains
Next-day natural gas trading on Wednesday was a deeply divided affair, with gas bound for East Coast and New England destinations sharply higher, often by multiple dollars, and producing zones and Midwest market zones down about a nickel.
Bulls Stirring as Lean Storage Report In Play
August natural gas is expected to open 4 cents higher Thursday morning at $2.83 before a government report that is expected to show additions to supply far less than historical averages. Overnight oil markets rose.
Near-Average Storage Build Seen; June Called 3 Cents Higher
June natural gas is expected to open 3 cents higher Thursday morning at $2.17 ahead of the release of government inventory figures that are expected to give analysts early clues as to the injection season ahead. Overnight oil markets soared.
Near-Average Storage Build Seen; June Called 3 Cents Higher
June natural gas is expected to open 3 cents higher Thursday morning at $2.17 ahead of the release of government inventory figures that are expected to give analysts early clues as to the injection season ahead. Overnight oil markets soared.
NatGas Futures Recover After Initial Drop Following On-Target EIA Build
Natural gas futures inched lower Thursday morning following the release of government inventory figures showing an increase in working gas storage that was about what traders were expecting.