Physical natural gas prices for Wednesday delivery fell like bowling pins at a PBA tournament in Tuesday’s trading. All but a couple of points were solidly in the red, and the NGI Daily Spot Gas Average dropped 8 cents to $2.54.
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Articles from Temperatures
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
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
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
‘Downside Still Open,’ Trader Says, But May Called 4 Cents Higher
May natural gas is expected to open 4 cents higher Wednesday morning at $2.57 as traders factor in cooler temperatures in the more deferred time horizons. Overnight oil markets rose.
April 15, 2015
Traders Mull, Discount Cooler Forecast; April Seen 2 Cents Lower
April natural gas is set to open 2 cents lower Friday morning at $2.71 as traders thoroughly discount forecasts of cool temperatures next week and concentrate on supply issues. Overnight oil markets fell.
March 13, 2015
Old Man Winter Hasn’t Left Yet; February Called 10 Cents Higher
February natural gas is expected to open 10 cents higher Wednesday morning at $2.93 as the near-term temperature outlook now calls for cooler temperatures over key eastern and Midwest energy markets. Overnight oil markets rose.
January 21, 2015
Following February Freeze, Northeast Could See Early Thaw, Forecaster Says
February will be colder than normal in the East and Central U.S., but warmer-than-normal temperatures are expected to move into the Northeast beginning in March, easing energy demand for heating in some of the nation’s largest population centers, according to forecasters at Weather Services International (WSI).
January 16, 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
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