March natural gas was set to open Monday about 5 cents lower at around $2.794, as weather guidance over the weekend failed to offer anything to excite the bulls in terms of prospective heating demand.
Weekend
Articles from Weekend
Market ‘Frustrating’ Bulls, Bears; June Seen 2 Cents Higher
June natural gas is expected to open 2 cents higher Friday morning at $3.21 as traders study more extended cool temperature forecasts and try to navigate a directionless market. Overnight oil markets were narrowly mixed.
Bearish Factors Looming; September Called 5 Cents Lower
September natural gas is set to open 5 cents lower Friday morning at $2.80 before Monday’s contract expiration as traders see weather conditions fully priced into the market and note a technically overbought condition. Overnight oil markets fell.
Weekend Weather Uncertainty to Keep Bears at Bay; September Called 3 Cents Higher
September natural gas is set to open 3 cents higher Friday morning at $2.58 as traders see little likelihood of aggressive selling going into the weekend. Overnight oil markets were mixed.
Eastern NatGas Cash Up; SoCal Storage Leak Sparks CA Price Decoupling
Buyers weren’t taking any chances Friday in acquiring supplies of weekend and Monday gas. Weather forecasts called for a frosty start to the week, and in major eastern markets restrictions helped boost prices by close to $1.
Near-Term Warmth Energizing Bears; December Called 8 Cents Lower
December natural gas is set to open 8 cents lower Monday morning at $2.24 as continued warm temperatures are forecast in important population centers for the next five days. Overnight oil markets fell.
Bears Undeterred by Thursday’s Reversal; August Called 2 Cents Higher
August natural gas is set to open 2 cents higher Friday morning at $2.75 as recent lows offer incentive enough to book gains ahead of the weekend. Overnight oil markets were mixed.
Bears Undeterred by Thursday’s Reversal; August Called 2 Cents Higher
August natural gas is set to open 2 cents higher Friday morning at $2.75 as recent lows offer incentive enough to book gains ahead of the weekend. Overnight oil markets were mixed.
Technical Bulls Stirring, Yet June NatGas Seen 3 Cents Lower
June natural gas is expected to open 3 cents lower Friday morning at $2.98 as traders grapple with high production, high inventories, and relatively high prices. Overnight oil markets slumped.
Technical Bulls Stirring, Yet June NatGas Seen 3 Cents Lower
June natural gas is expected to open 3 cents lower Friday morning at $2.98 as traders grapple with high production, high inventories, and relatively high prices. Overnight oil markets slumped.