January natural gas was set to open about 4 cents higher Monday to around $3.102 as projected heating demand increased in the 15-day outlook over the weekend.
Period
Articles from Period
Anticipated Storage Pull Well Above Norms, But May Called 5 Cents Lower
May natural gas is set to open 5 cents lower Thursday morning at $3.18 as weather forecasts show little in the way of a definitive trend and bulls take a breather from the recent 12-cent advance. Overnight oil markets rose.
Technical Bulls Taking A Pause; April Called 4 Cents Lower
April natural gas is expected to open 4 cents lower Wednesday morning at $3.05 as traders see little near-term change in ongoing weather forecasts capable of lifting prices and the technical picture momentarily stalls. Overnight oil markets fell.
Less Heating Load Expected; April Called 7 Cents Lower
April natural gas is set to open 7 cents lower Tuesday morning at $2.83 as weather forecasts call for a milder mid-section of the country and traders continue to recommend a short market stance. Overnight oil markets rose.
Technical Support Looms, Traders Say; April Called A Penny Lower
April natural gas is set to open a penny lower Tuesday morning at $2.68 as weather models overnight continued to moderate and heating requirements are expected to be below normal. Overnight oil markets fell.
Weather Models Shift; February Called 12 Cents Higher
February natural gas is set to open 12 cents higher Thursday morning at $3.45 as traders discount expected government data showing low usage and focus on upcoming forecast weather patterns. Overnight oil markets were narrowly mixed.
Production Returning; August Called 13 Cents Lower
August natural gas is expected to open 13 cents lower Tuesday morning at $2.86 as traders point to a recovery in production from earlier interrupted levels. Overnight oil markets fell hard.
$3 In Sight, But August Called Down 2 Cents
August natural gas is set to open 2 cents lower Friday morning at $2.90 in spite of what traders see as a market with supportive weather, a supportive cash market, and a supportive storage dynamic. Overnight oil markets fell.
Milder Weather? No Problem; July Called 2 Cents Higher
July natural gas is expected to open 2 cents higher Monday morning at $2.68 as traders continue to see a consolidation pattern and discount near-term weather reports showing slightly milder conditions. Overnight oil and equity markets fell. Dow Jones futures dropped 123 points to 17,124.
Gulfport Stays Focused on Balance Sheet, Utica Dry Gas
Gulfport Energy Corp. remained focus on its balance sheet during the first quarter and continued leaning on its dry natural gas assets in the Utica Shale to drive production above guidance for the period.