Chillier trends in the latest forecasts saw natural gas futures swing back higher in early trading Friday, continuing a week of whipsaw price action. After plunging 29.3 cents in the previous session, the December Nymex contract was up 25.5 cents to $6.230/MMBtu at around 8:45 a.m. ET.

NGI Morning Natural Gas Price & Markets Coverage

Early price gains Friday followed colder overnight trends from both the American and European weather models, according to NatGasWeather.

“Where the pattern is finally cold enough is Nov. 12-17 as subfreezing air over the West and Plains releases and spreads eastward across the Ohio Valley and Northeast,” the firm said. “However, the weather data is struggling to determine exactly how much subfreezing air will ultimately spread across the Great Lakes and Ohio Valley.”

The American model...