Natural gas futures

Natural gas futures appeared to be in a holding pattern early Thursday as analysts tried to gauge the durability of recent cold trends in the weather data. The December Nymex contract was off 0.7 cents to $3.024/MMBtu at around 8:40 a.m. ET. Based on colder trends in model runs over the past 24 hours, Bespoke…

Modest cooling trends in the latest weather data had natural gas futures trading close to even early Wednesday. The December Nymex contract was up 1.3 cents to $2.962/MMBtu at around 8:45 a.m. ET. Forecasting from Bespoke Weather Services early Wednesday showed a second consecutive day of projected demand gains, with a few days toward the…

Helped by a modest uptick in heating demand expectations in the latest round of weather data, natural gas futures recovered some of their recent losses in early trading Tuesday. The December Nymex contract was up 3.4 cents to $2.893/MMBtu at around 8:40 a.m. ET. Models added some heating degree days (HDD) over the previous 24…

Natural gas futures held steady in early trading Monday, avoiding further losses despite continued signs of warmth from the latest weather data. The December Nymex contract was up 0.4 cents to $2.892/MMBtu at around 8:45 a.m. ET. The “very warm” temperature outlook that dominated guidance last week held in model runs through the weekend, and…

Continued warmth in the temperature outlook kept natural gas futures bulls on the defensive in early trading Friday. After recording heavy losses this week, the December Nymex contract was down another 2.6 cents to $2.916/MMBtu at around 8:40 a.m. ET. Based on the latest guidance, Bespoke Weather Services reduced its projected gas-weighted degree day totals…

As traders looked ahead to potentially the first reported withdrawal of the heating season from the latest round of government inventory data, natural gas futures advanced modestly early Thursday. The December Nymex contract was up 1.8 cents to $3.064/MMBtu at around 8:35 a.m. ET. The Energy Information Administration (EIA) is on track to report the…

In the face of another round of milder trends from the latest weather data, natural gas futures continued to grind lower in early trading Wednesday. The December Nymex contract was down 3.1 cents to $3.028/MMBtu at around 8:40 a.m. ET. With prices already down sharply this week amid expectations for mild temperatures later this month,…

A weakening weather-driven demand outlook in the overnight guidance kept the pressure on natural gas futures in early trading Tuesday, sending the December Nymex contract tumbling 9.9 cents to $3.145/MMBtu as of around 8:40 a.m. ET. Overnight data from the American and European weather models extended warm trends from earlier in the week, with both…

Natural gas futures fell in early trading Monday as overnight guidance pointed to an increased chance for a warmer-than-normal start to the winter heating season. The December Nymex contract was off 9.4 cents to $3.260/MMBtu at around 8:40 a.m. ET. The American and European weather models trended “decidedly bearish” overnight, with both models shedding 10-12…