Natural gas futures

With updated weather models seen hinting at a possible shift away from the exceptionally mild temperatures that have dominated recent forecasts, natural gas futures rallied in early trading Wednesday. The January Nymex contract was up 15.8 cents to $3.866/MMBtu at around 8:50 a.m. ET. While not adding to demand expectations day/day, the latest forecast outlook…

Natural gas futures managed a rebound from the prior day’s massive sell-off, even as the persistently warm December outlook trimmed gains from early in the session. After touching a $3.829/MMBtu intraday high, the January Nymex gas futures contract settled Tuesday at $3.708, up 5.1 cents on the day. February climbed 4.9 cents to $3.674. Spot…

Natural gas bulls have taken it on the chin so far this winter, but Henry Hub spot prices remain on track to average $4.58/MMBtu from December through February, according to the latest forecasting from the Energy Information Administration (EIA). The winter price prediction, published Tuesday as part of the December edition of the EIA’s Short-Term…

It won’t be death by a thousand cuts for natural gas. It’ll be far less than that after an increasingly bearish December weather outlook slashed another hefty chunk off natural gas prices to start the week, leaving prompt-month prices down about $1.20 since last Monday (Nov. 29). With production recovering from recent lows and sitting…

Coming off a stretch of relentless selling, natural gas futures recovered a small portion of their recent losses in early trading Tuesday as updated weather model runs trended modestly cooler. The January Nymex contract was up 10.9 cents to $3.766/MMBtu at around 8:50 a.m. ET. Among the potentially supportive factors for natural gas, EBW Analytics…

In an unsurprising move, natural gas futures bounced back from a four-day decline to finish the week firmly in positive territory. With a boost from technicals, colder changes in the weather models sparked a 7.6-cent rally for the January Nymex gas futures contract, which settled at $4.132. February also climbed 7.6 cents to $4.073. At…

Natural gas futures tumbled lower in early trading Monday, crashing through the $4/MMBtu barrier as weekend forecast trends further reduced already-mild weather-driven demand expectations. The January Nymex contract was down 38.4 cents to $3.748/MMBtu at around 8:50 a.m. ET. Both the American and European modeling agreed on forecast trends over the weekend that would cut…

In an unsurprising move, natural gas futures bounced back from a four-day decline to finish the week firmly in positive territory. With a boost from technicals, colder changes in the weather models sparked a 7.6-cent rally for the January Nymex gas futures contract, which settled at $4.132. February also climbed 7.6 cents to $4.073. At…

Natural gas futures could not hold onto early gains Thursday after the latest government storage data failed to generate any buzz in the market. Profit-taking managed to push January Nymex gas futures to a $4.335/MMBtu intraday high early in the session, but with a stubbornly mild weather forecast, the contract eventually settled at $4.056, down…