November

In an otherwise quiet start to the week for natural gas forwards markets, New England prices took a nosedive as continued lackluster demand and an improving storage picture weighed on the market.

November natural gas is set to open a penny lower Tuesday morning at $3.66 as the market attempts to swallow the latest round of moderating weather forecasts and the possibility of an extended storage injection season. Overnight oil markets rose.

November natural gas is expected to open 8 cents lower Monday morning at $3.69 as traders see little evidence of cold weather emerging by November, and mull the prospects for an extended refill season. Overnight oil markets rose.

November natural gas is expected to open unchanged at $3.81 as weather forecasts shift little and injections are seen likely continuing into November. Overnight oil markets continued their downward trek.

November natural gas is expected to open a penny lower Tuesday morning at $3.91 as traders study ways to deal with a market that for the moment has no appreciable trend. Overnight oil markets resumed their plunge.

November natural gas is set to open 7 cents lower Wednesday morning at $3.89 as the specter of oversupply continues to loom over the market and weather forecasts — which as recently as Friday called for cooler temperatures — have shifted markedly warmer. Overnight oil markets continued to spiral lower.

November natural gas is expected to open 2 cents lower Tuesday morning at $3.88 as near-term weather forecasts don’t appear quite as constructive as late last week, yet analysts don’t see a convincing case for a concerted price slide. Overnight oil markets softened.

November natural gas is seen opening 6 cents higher Friday morning at $3.99 as traders brace for a shot of cold air expected to arrive in the next week. Overnight oil markets continued their shuffle lower.

October natural gas is expected to open unchanged at $3.82 as traders see both a soft fundamental and weak technical picture.