January natural gas was set to open about 8 cents lower Thursday at around $2.834/MMBtu after some warm changes showed up in the overnight weather data.
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Bulls Get A Boost From Overnight Weather Models; October Called A Penny Higher
October natural gas is set to open a penny higher Wednesday morning at $3.13 as overnight weather models turned warmer. Overnight oil markets rose.
Market Consolidating; October Seen 4 Cents Lower
October natural gas is set to open 4 cents lower Friday morning at $3.03 even though forecasts turned slightly warmer. Overnight oil markets rose.
End Of July Seen Warmer; August Called 6 Cents Higher
August natural gas is expected to open 6 cents higher Monday morning at $2.92 as more deferred weather forecasts called for incrementally warmer temperatures. August crude oil probed new lows.
Expiring July Set For Firm Exit; Called 3 Cents Higher
The expiring July natural gas is expected to open 3 cents higher Wednesday morning at $3.06 as traders hone in on new weather data reinforcing warmer trends. Overnight oil markets weakened.
Traders Mulling A Selling Opportunity; May Seen 2 Cents Lower
May natural gas is set to open 2 cents lower Tuesday morning as weather forecasts turn warmer and traders sense a weakening market. Overnight oil markets moved little.
Eastern Markets Seen Milder; March Called 6 Cents Lower
March natural gas is set to open 6 cents lower Tuesday morning at $3.17 as overnight near-term weather models showed significantly warmer conditions in eastern energy markets. Overnight oil markets rose.
Warmer Weather Bias Continues; February Called 3 Cents Lower
February natural gas is set to open 3 cents lower Monday morning at $3.17 as weather forecasts can only hint at a return of seasonal cold to eastern energy markets. Overnight oil markets slumped.
Bears Stirring as Forecasts Moderate; February Called 4 Cents Lower
February natural gas is expected to open 4 cents lower Tuesday morning at $3.38 as near-term forecasts moderate east of the Rockies and degree day counts fall far short of historical norms. Overnight oil markets rose.
Traders Cite Reversal Pattern, Yet December Called A Penny Lower
December natural gas is showing continued weakness before release of weekly storage figures, although some traders see an important market turning point in play. December is expected to open a penny lower at $2.78. Overnight oil market rose.