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forecasts Natural Gas Price Fundamental Daily Forecast – Bias Flips Back to Upside as Futures Chase Spot Prices HigherThe EIA will release its weekly storage report with analysts expecting to see the year/year surplus possibly flatline or flip to a deficit. Feb 11, 2021 12:42 PM GMT Natural gas prices are trading higher shortly before the regular session opening at 13:00 GMT and the release of the government’s weekly storage report at 15:30 GMT. The market confirmed yesterday’s dramatic reversal to the upside with today’s follow-through move. Helping to drive futures prices higher is ...

Add to Bookmarks Natural gas futures are trading marginally lower early Tuesday following a slightly better close the previous session. The price action left traders a little confused with the frigid cold descending from Canada into the Lower 48 seen possibly continuing into March. Weather model volatility is being blamed for the two-sided price activity. At 06:20 GMT, March natural gas futures are trading $2.865, down $0.017 or -0.59%. Advertisement Start Trading Bespoke Weather Services Outlook Even with big swings in the weather data, there’s little argument that the next couple of weeks...

The more bearish undertone in the market is likely because the upcoming rush of cold polar air already has been priced into the market.

forecasts Natural Gas Price Fundamental Daily Forecast – Higher on Anticipation of ‘Massive Gains’ in Heating DemandThe uptrend was reaffirmed earlier today when buyers took out the previous main top at $3.005, setting up an eventual rally into $3.320. Feb 05, 2021 03:07 PM GMT Natural gas futures are up sharply on Friday, reaffirming the uptrend after buyers took out the previous main top at $3.005. Today’s rally is being fueled by the latest weather reports that continued to point toward increased heating demand in widespread region over the next two weeks. At 14:41 GMT, March natur...

forecasts Natural Gas Price Fundamental Daily Forecast – Cold European Model Outlook Fueling Price SurgeLook for a bullish tone into the close on a sustained move over $2.794 with the Fibonacci level at $2.918 the next likely target. Feb 01, 2021 05:54 PM GMT Natural gas futures are attempting to breakout to the upside at the mid-session on Monday after a bullish shift in the forecasts over the weekend increased the chances of upcoming cold hitting high demand areas in the United States. At 17:29 GMT, March natural gas futures are trading $2.827, up $0.263 or +10.26%. Advertisement Start Tr...