Normal

Hefty Storage Build On Tap, Yet August Seen Unchanged

August natural gas is set to open flat Thursday morning at $2.90 before release of a government storage report that is expected to continue the trend of storage builds greater than long-term averages. Overnight oil markets rose.

July 23, 2015

Traders Buying in to Disputed Warmth; August Called 4 Cents Higher

August natural gas is set to open 4 cents higher Tuesday morning at $2.91 as traders focus on forecasts of warmth now coming into question. Overnight oil markets were mixed.

July 14, 2015

Temperature Updates Turn Warmer; July Called 7 Cents Higher

July natural gas is set to open 7 cents higher Monday morning at $2.66 as weather forecasts call for greater cooling requirements in eastern and Midwest population centers. Overnight oil markets fell.

June 8, 2015
Parched California’s Snowpack Hits Zero; Power Outlook Unaffected

Parched California’s Snowpack Hits Zero; Power Outlook Unaffected

A new low in California’s worsening drought was reached Monday when state officials reported that the state’s snowpack is down to zero, an inevitability after the measurement of 5% of normal when the same measurements were taken two months earlier.

June 2, 2015

$3.25 June Futures In Sight, Analyst Says; June Called 7 Cents Higher

June natural gas is expected to open 7 cents higher Wednesday morning at $3.02 as traders still see higher trading objectives in reach but within a more volatile framework. Overnight oil markets rose.

May 20, 2015

Risk Managers Ready to Sell; June Called Unchanged

June natural gas is set to open flat Monday morning at $3.01 as traders are looking closely at sell hedge programs to take advantage of recent price advances. Overnight oil markets rose.

May 18, 2015

NatGas Hits New 34-Month Lows Overnight; May Called 7 Cents Lower

May natural gas is set to open 7 cents lower Monday morning at $2.46 as traders assess a weakening weather environment and market technicians ponder whether overnight weakness signals a new and lower technical trading landscape. Overnight oil markets eased.

April 27, 2015

Analyst: NatGas Price ‘Dump’ Ahead? April Called 5 Cents Lower

April natural gas is set to open 5 cents lower Wednesday morning at $2.80 as traders see minimal market impact from current weather forecasts and technicians see a deflationary price environment. Overnight oil markets fell.

March 18, 2015

High, Dry West Looking at More Gas Burn For Power

Gas demand for power generation is expected to rise this spring and summer throughout the West because of lower-than-normal water levels. Earlier in March, California state officials placed snowpack levels at 20% of normal, and the state’s three-year drought has been extended to four years.

March 12, 2015

February Survives ‘Near Death’ Experience, Called 13 Cents Higher

February natural gas is expected to open 13 cents higher Wednesday morning at $3.07 as traders note Tuesday’s robust recovery and factor in near-term temperatures well below normal in important markets. A supportive storage report Thursday is also anticipated. Overnight oil markets eased.

January 14, 2015