Midwest

Physical natgas for delivery Tuesday overall inched lower in Monday trading as firm markets in the West were unable to counter soft pricing in Texas, Louisiana, Appalachia and the Northeast.

February natural gas is expected to open 3 cents lower Wednesday morning at $3.30 as weather models stabilize and pipeline operators ready for oncoming high usage. Overnight oil markets rose.

Physical natural gas for Tuesday delivery at many locations weakened in Monday’s trading, but after the smoke cleared, broad average measures posted a gain.

Next-day natural gas values rose modestly in trading Tuesday as most points recorded gains of a few pennies to a nickel or more.

Next-day natural gas values rose modestly in trading Tuesday as most points recorded gains of a few pennies to a nickel or more.

If futures remain true to their role as a leading indicator, natgas cash next week may have something of an uphill battle. That was not the case for the week ended May 6, however, as most points gained ground and the few that slipped into the loss column were mostly off by a penny or two.

If futures remain true to their role as a leading indicator, natgas cash next week may have something of an uphill battle. That was not the case for the week ended May 6, however, as most points gained ground and the few that slipped into the loss column were mostly off by a penny or two.

May natural gas is expected to open 5 cents higher Monday morning at $2.01 as weather forecasts in both the short and medium term send a stern reminder that cold temperatures aren’t quite ready to depart. Overnight oil markets rose.

February natural gas is expected to open 4 cents higher Wednesday morning at $2.30 as traders factor in falling production and weather forecasts that at least in the near term indicate cold over the East and Midwest. Overnight oil markets rose.