November natural gas is set to open 8 cents lower Friday morning at $2.81 as overnight weather data resulted in a large decrease in forecast heating load. Overnight oil markets fell.
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Cool Late October Seen; November Called 8 Cents Higher
November natural gas is expected to open 8 cents higher Monday morning at $3.00 as forecasters see a building Alaskan ridge and cooling temperatures in the Midwest and Midcontinent. Overnight oil markets were mixed.
Futures Getting A Lift Off Near Term Weather; October Called 3 Cents Higher
October natural gas is expected to open 3 cents higher Tuesday morning at $2.98 as weather patterns post-Irma call for a warming trend in key markets. Overnight oil markets rose.
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.
NatGas Futures Firm Ahead Of Storage Stats; August Called 3 Cents Higher
August natural gas is set to open 3 cents higher Friday morning at $2.92 as traders factor in a modest increase in forecast cooling loads. Overnight oil markets fell.
Weather Models Show Variability; July Called 2 Cents Higher
July natural gas is set to open 2 cents higher Wednesday morning at $2.93 as changes to the weather outlook are in the moderately cooler direction, but models show considerable variability. Overnight oil markets rose.
Bulls Ready to Buy; June Called 3 Cents Higher
June natural gas is set to open 3 cents higher Friday morning at $3.21 as traders sense a buying opportunity following Thursday’s bearish Energy Information Administration (EIA) storage report. Overnight oil markets rose.
Market ‘Frustrating’ Bulls, Bears; June Seen 2 Cents Higher
June natural gas is expected to open 2 cents higher Friday morning at $3.21 as traders study more extended cool temperature forecasts and try to navigate a directionless market. Overnight oil markets were narrowly mixed.
Cooling Weather, Tightening Market Prompt Market Strength; April Called 3 Cents Higher
April natural gas is expected to open 3 cents higher Friday morning at $3.00 as overnight trading lifted the market above $3 and analysis of storage data portrays a tightening market. Overnight oil markets rose.
Some Cold Returning; Expiring March Called 3 Cents Higher
The expiring March natural gas contract is set to open 3 cents higher Friday morning at $2.65 as traders note a nominal increase in heating load in the near term. Overnight oil markets fell.