NYMEX

Signs of production freeze-offs helped natural gas futures to slow their downward trajectory in early trading Tuesday in the face of more mild winter weather expected later this month.  Coming off a 17.2-cent decline in the previous session, the March Nymex futures contract was off 3.6 cents to $2.641/MMBtu at around 8:50 a.m. ET. The…

Traders looked past the arrival of below-average temperatures this week and focused on strong production and expectations for mild mid-February weather, sending Natural gas futures lower on Monday. At A Glance: Weather front delivers cold shots February forecast tilts warmer Production continues to hold strong The March Nymex gas futures contract, in its first regular…

Warmer-trending forecasts over the weekend, which showed near-term cold moderating by the second week of February, sent natural gas futures tumbling in early trading Monday. The March Nymex contract was down 14.3 cents to $2.706/MMBtu at around 8:45 a.m. ET. Weather models over the weekend shifted warmer for days seven through 15 of the outlook…

As traders and analysts continued to mull the implications of another unseasonably light January inventory pull, natural gas futures stumbled in early trading Friday. The expiring February Nymex contract was off 8.1 cents to $2.863/MMBtu at around 8:45 a.m. ET. March was down 3.6 cents to $2.812. The Energy Information Administration (EIA) on Thursday reported…

Natural gas futures flirted with the $3 mark in early trading Wednesday as updated forecasts moderated the temperature outlook heading into the second week of February.  The February Nymex contract, expiring later this week, was off 17.0 cents to $3.088/MMBtu at around 8:40 a.m. ET. March was down 8.7 cents to $2.970. Overnight selling occurred…

Front month natural gas futures were trading just shy of even early Tuesday as frigid forecasts continued to offer support. After rallying 27.3 cents in the previous session, the February Nymex contract was down 1.8 cents to $3.429/MMBtu at around 8:45 a.m. ET. March was off 4.8 cents to $3.174. The February contract managed to…

Natural gas futures forged ahead Monday, rebounding from a 7% drop the previous week, as forecasts for colder air late this month and early next galvanized bulls. News Monday that a key export facility was another step closer to reopening after a fire last year added to the momentum. At A Glance: Prompt month gains…

Natural gas futures rallied sharply in early trading Monday as weather models over the weekend advertised a significantly colder Lower 48 temperature outlook heading into early February.  The February Nymex contract was up 35.5 cents to $3.529/MMBtu at around 8:40 a.m. ET. March was up 12.0 cents to $3.156. Weather data over the weekend showed…

With traders and analysts continuing to mull the balance implications of the latest government inventory data, and with updated forecasts failing to impress following weeks of mild weather to start the year, natural gas futures remained under pressure early Friday. The February Nymex contract was off 3.7 cents to $3.238/MMBtu at around 8:45 a.m. ET.…