Items Tagged with 'week'

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Analyst Viewing Deficit Turning to Surplus; November Seen 3 Cents Lower

November natural gas is set to open 3 cents lower Wednesday morning at $3.68 as weather forecasts remain stubbornly locked in moderate mode and the technical environment continues to deteriorate. Overnight oil markets rose. Read More

First Non-Triple-Digit Build In 12 Weeks On Tap; November Seen Up a Penny

November natural gas is set to open a penny higher Thursday morning at $3.81 as traders await market-driving information in the form of weekly government storage figures. Overnight oil markets continued to melt. Read More

Oil Markets Falling Hard, Yet November Seen Unchanged

November natural gas is expected to open unchanged at $4.02 Thursday morning as traders await government storage data that is expected to show larger than normal inventory builds and at the same study weather reports that show no clear signs of inducing any major market moves. Oil markets overnight continued Wednesday's losses. Read More

Storage Estimates Topping 100 Bcf; October Called 3 Cents Lower

October natural gas is set to open 3 cents lower Thursday morning at $3.88 as traders await storage data that is expected to continue an ongoing process of deficit contraction relative to both last year and the five-year average. Overnight oil markets rose. Read More

Bearish Case Still Alive, Analyst Says; October Seen 3 Cents Lower

October natural gas is expected to open 3 cents lower Thursday morning at $3.92 as traders anticipate a government report that is expected to show well above normal increases in natural gas inventories. Overnight oil markets slumped. Read More

Builds Trending Leaner; October Seen 2 Cents Higher

October natural gas is set to open 2 cents higher Thursday morning at $4.02 as traders expect a government inventory report to continue showing well above normal additions to storage. Overnight oil markets firmed. Read More

Supportive Tone Seen to EIA Storage Stats; September Called a Penny Higher

September natural gas is expected to open a penny higher Thursday morning at $3.84 as traders see some modest bullish risk to the morning release of government storage figures. Overnight oil markets fell. Read More

Injections Seen as Less Robust; September Called 3 Cents Higher

September natural gas is expected to open 3 cents higher Tuesday morning at $4.00 as traders focus on a gradual lessening of the aggressive storage builds of the last several weeks. Overnight oil markets retreated. Read More

Trader Sees Spot Futures Climbing Above $4; September Seen Up 4 Cents

September natural gas is expected to open 4 cents higher Friday morning at $3.92 as traders anticipate a cautious move above $4. Overnight oil markets rose. Read More

Weather, Technicals Point Lower, Yet August Seen 2 Cents Higher

August natural gas is expected to open 2 cents higher Monday morning in spite of weather forecasts calling for moderation and a weak technical picture. Overnight oil markets fell. Read More