Heat

July natural gas futures were set to open about 3 cents lower at $2.945 Friday morning as weather models turned slightly cooler for the South and Gulf Coast in the medium term.

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.

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 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.

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.

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 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.

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.

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.