Outlook Temperature News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Natural Gas Forecast: Prices Boom on Binary Cold Weather Events 2021-01-12 04:30:00 Thomas Westwater, Analyst Natural Gas Talking Points EIA inventory levels move closer to five-year average after 130 Bcf drop Technical posture improves with a bullish SMA crossover nearing completion Natural gas prices rose roughly 2% on Monday after an updated US temperature outlook from the National Weather Service’s Climate Prediction Center bolstered demand expectations. The 8-14 day temperature forecast shows colder than average tem...

Natural Gas Outlook: Bears in Firm Control after Warmer Weather Forecasts 2020-12-29 04:30:00 Thomas Westwater, Analyst Natural Gas Talking Points EIA inventory storage levels remain supportive of lower prices in the near term Technical structure offers little for upside movement in the heating gas’s chart Advertisement Natural gas prices fell to a new multi-month low earlier this week. NYMEX prices are now only days away from securing the largest monthly drop since December 2018, with the current month...

Natural Gas Breaks Above Chart Resistance on Colder US Outlook 2020-12-22 06:00:00 Thomas Westwater, Analyst Natural Gas Prices, Temperature Outlook, Technical Chart Outlook– Talking Points Natural gas prices break higher on US temperature outlook EIA storage levels return closer to five-year historical average Trendline resistance from 2020 high may turn into support Advertisement Natural gas prices are trading higher this week as colder than average weather across the southwestern United States appears...

Natural Gas Prices May Rise on Temperature Outlook, Chart Setup 2020-12-14 03:00:00 Thomas Westwater, Analyst Natural Gas Prices, Weather Outlook, Technical setup – Talking Points Natural Gas prices move higher on colder weather outlook EIA inventory levels remain elevated vs. five-year average Technical outlook looks bullish, but scope for gains capped Advertisement Natural gas prices are seeing a bullish start to the week as colder weather is expected across the southwest United States over the next two weeks. A larger draw in inventories last week is likely adding some fuel to the upwa...