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March Natural Gas Prices Close in on $3.00 amid Shrinking Storage, More Frigid Weather Outlook


March Natural Gas Prices Close in on $3.00 amid Shrinking Storage, More Frigid Weather Outlook
Natural gas futures stage huge comeback as weather models get even colder
EIA storage figure shows quickly evaporating storage surplus
Most U.S. cash markets recover, but Northeast prices crumble
Natural gas traders appeared to have a bit of sellers’ remorse on Thursday, quickly sending futures prices higher after an initial dip ahead of the latest government storage report.
After slipping to a $2.734/MMBtu intraday low, the March Nymex futures contract settled Thursday at $2.935, up 14.6 cents on the day. April jumped 11.7 cents to $2.889.
Spot gas prices also moved higher across much of the United States, but the Northeast cratered from recent highs. NGI’s Spot Gas National Avg. plunged 29.5 cents to $3.250. ....

United States , Dan Spangler , Gabe Harris , Wood Mackenzie , Energy Information Administration , Intercontinental Exchange , Spot Gas National Avg , March Nymex , Gas National , Enelyst Managing Director Het Shah , South Central , Global Forecast System , Columbia Gas , Texas Eastern , Chicago Citygate , ஒன்றுபட்டது மாநிலங்களில் , டான் ஸ்பன்கிலேர் , கேப் ஹாரிஸ் , மரம் மெக்கன்சி , கண்டம் பரிமாற்றம் , ஸ்பாட் வாயு தேசிய சராசரி , வாயு தேசிய , தெற்கு மைய , உலகளாவிய முன்னறிவிப்பு அமைப்பு , கொலம்பியா வாயு , டெக்சாஸ் கிழக்கு ,

Despite Impressive Cold in Forecasts, 'No Difference' in Natural Gas Futures Early


Despite Impressive Cold in Forecasts, ‘No Difference’ in Natural Gas Futures Early
Even as the latest forecasts continued to show impressively colder-than-normal temperatures reaching the Lower 48 over the next two weeks, natural gas futures traded stubbornly close to even early Thursday. The March Nymex contract was up 1.8 cents to $2.807/MMBtu at around 8:45 a.m. ET.
After overnight runs from the major weather models the forecast remained “solidly cold and bullish” early Thursday, according to NatGasWeather. The Global Forecast System added 2 heating degree days (HDD), while the European model lost 6 HDD.
The European model’s outlook was “still quite frosty overall, with the HDD forecast to be a massive 77 HDD colder versus normal for the coming 15 days,” the firm said. ....

United States , Dan Spangler , Wood Mackenzie , Energy Information Administration , March Nymex , Global Forecast System , Nat Gas Flux Index , Wall Street Journal , ஒன்றுபட்டது மாநிலங்களில் , டான் ஸ்பன்கிலேர் , மரம் மெக்கன்சி , உலகளாவிய முன்னறிவிப்பு அமைப்பு , நாட் வாயு ஃப்ளக்ஸ் குறியீட்டு , சுவர் தெரு இதழ் ,

Natural Gas Futures Down Slightly Early, but Weather Outlook Still 'Very Cold'


Natural Gas Futures Down Slightly Early, but Weather Outlook Still ‘Very Cold’
Even as the latest weather models models maintained an intensely cold outlook for the first half of the month, natural gas futures remained largely unmoved in early trading Wednesday. The March Nymex contract was down 0.9 cents to $2.836/MMBtu at around 8:45 a.m. ET.
The weather models added demand overnight compared to their midday runs from Tuesday, according to Bespoke Weather Services. The models continue to project a “very cold” first half of February, but frigid temperatures expected this weekend into early next week are now forecast to be less intense, while the outlook for late next week has trended colder, the firm said. ....

Dan Spangler , Wood Mackenzie , Energy Information Administration , Energy Aspects , Bespoke Weather Services , March Nymex , Bespoke Weather , டான் ஸ்பன்கிலேர் , மரம் மெக்கன்சி , ஆற்றல் அம்சங்கள் , பிரத்தியேகமான வானிலை சேவைகள் , பிரத்தியேகமான வானிலை ,