Natural gas futures slid a few cents Thursday as weather data provided little certainty on temperature trends past the second week of November, while government storage data that missed to the bullish side of most estimates failed to impress.
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October Natural Gas Steady as Weekend Weather Data Seen Mostly Unchanged
October natural gas futures were trading close to even Monday morning at around $2.779/MMBtu as forecasters noted only small adjustments to the outlook based on weekend guidance.
September 10, 2018
September Set to Open Lower on Cooler Outlooks, Returning Production
September natural gas prices were set to open 3.4 cents lower at $2.91 Monday as traders looked to cooler weather ahead and returning production to help bring the market back into balance.
August 13, 2018
September Natural Gas Set to Open Lower as Near-term Cooling Halts Six-Day Rally
September natural gas prices were decidedly in the red ahead of Friday’s market open, trading 3.5 cents lower at $2.92, as traders banked on cooler weather and lighter demand for the weekend and in the weeks to come.
August 10, 2018
September Hits $2.91 Ahead of Market Open
September natural gas prices remained in positive territory ahead of Wednesday’s market open, trading up 1.3 cents at $2.91 with no major changes in the latest weather guidance.
August 8, 2018
September Natural Gas Up Ahead of Open; Risks Skewed Lower
September natural gas prices were set to open slightly higher Tuesday, up 1.3 cents at $2.873 ahead of market open, despite some minor changes to weather guidance that trended cooler overall in the most recent models runs.
August 7, 2018
September Natural Gas Called Lower as Weather Models Turn Cooler
September natural gas prices were set to open Monday almost 3 cents lower at $2.823 as the latest weather guidance was mixed but showed less sustained heat in the medium and long term.
August 6, 2018
September Natural Gas Called Marginally Lower Despite Hot August, Tight Storage
September natural gas prices were set to open less than a penny lower at $2.751 ahead of Thursday’s market open amid mixed weather trends and in anticipation of fresh storage data from the Energy Information Administration (EIA).
August 2, 2018
September Natural Gas Called Penny Lower on Cooler Weather Trends, Bearish Production Data
September natural gas futures were set to open a penny lower at $2.772 Wednesday, continuing a sell-off that started late in Tuesday’s session as cooler trends started showing up in weather models.
August 1, 2018
Eyes on Production as Natural Gas Market Shrugs Off Bullish EIA Data
With bearish production pressuring prices, the natural gas futures market brushed aside another leaner-than-expected build from the Energy Information Administration (EIA) Thursday that showed deficits growing as August approaches. In the spot market, Southern California and Desert Southwest points continued to trade at elevated levels as conditions in the region remain hot; the NGI National Spot Gas Average finished even at $2.91/MMBtu.
July 26, 2018
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