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Heat

Modest Easing of Near-Term Heat Sends July Natural Gas Lower Ahead of Open

July natural gas prices were about 1.5 cents lower Monday ahead of the open, trading at $3.009 settle amid a modest pullback in near-term weather forecasts.

June 18, 2018

Warmest Period of The Summer Forthcoming; August Called 6 Cents Higher

August natural gas is set to open 6 cents higher Tuesday morning at $3.08 as the warmest temperatures of the season are expected to roll through the market. Overnight oil markets rose.

July 18, 2017

Weather Outlooks Continue To Disappoint; July Called A Penny Lower

July natural gas is set to open a penny lower Wednesday morning at $2.96 as traders see a deflating weather environment ahead of a storage report expected to show above-average storage builds. Overnight oil markets retreated.

June 14, 2017

More Warmth Forecast, July Seen 3 Cents Higher

July natural gas is expected to open 3 cents higher Wednesday morning at $3.07 as weather forecasts heat up and technical factors have lost some of their bearish luster. Overnight oil markets fell.

June 7, 2017

Price Strength Waning, Analyst Says, Yet August Called 5 Cents Higher

August natural gas is set to open 5 cents higher Tuesday morning at $2.77 as traders mull heat indexes that are expected to be well into triple digits by mid-week. Overnight oil markets rose.

July 19, 2016

California Heat On Tap; July Called A Nickel Higher

July natural gas is set to open 5 cents higher Tuesday morning at $2.22 as traders see large speculative holdings reconsidering their portfolio of short positions and the first heat wave of the season makes its debut. Overnight oil markets were mixed.

May 31, 2016

June Set to End on Weak Note, Called 4 Cents Lower

The expiring June natural gas contract is expected to open 4 cents lower Thursday morning at $1.95 in spite of the fact that traders are digesting a storage report that is expected to show inventory increases far less than historical averages. Overnight oil markets rose.

May 26, 2016

Storage Additions Under Scrutiny; August Called 3 Cents Higher

August natural gas is set to open 3 cents higher Tuesday morning at $2.82 as traders look ahead to an expected lean storage build as the current intense heat event limits additions to inventory. Overnight oil markets were mixed.

July 28, 2015

Bears Stirring as Weather Outlook Moderates; June Called 7 Cents Lower

June natural gas is expected to open 7 cents lower Tuesday morning at $2.82 as traders digest a round of more moderate weather forecasts and anticipate a hefty build in inventories. Overnight oil markets fell.

May 26, 2015

Hefty Build Expected? No Problem; July Seen 3 Cents Higher

July natural gas is set to open 3 cents higher Thursday morning as traders discount estimates of an increase in storage inventories that are well above historical norms and as they factor in expected heat. Overnight oil markets surged.

June 12, 2014