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Natural Gas Prices Dip as Warmer December Weather Forecasts Emerge

Natural Gas Prices Dip as Warmer December Weather Forecasts Emerge

After spiking above $5.20 in early December, natural gas prices have retreated to the $3.93 level. The EIA and market analysts point to warmer-than-expected forecasts for late December as the primary reason for the rapid price cooling.

Natural Gas Futures Climb on Record LNG Export Flows

Natural Gas Futures Climb on Record LNG Export Flows

Natural gas futures settled at $4.12 per MMBtu, recovering from technically oversold territory. The rally is supported by near-record gas flows to LNG export plants and a slight upward revision in demand forecasts for the coming week, despite warmer-than-normal weather patterns.

Natural Gas Plummets on Milder Weather Forecasts and High Production

Natural Gas Plummets on Milder Weather Forecasts and High Production

Natural gas futures dropped significantly, approaching the psychological $3.85 per MMBtu support level. The sell-off is driven by a highly bearish combination of warmer-than-expected weather and continuous, near-record domestic production.

Natural Gas Plunges Further on Sustained Milder Weather Forecasts

Natural Gas Plunges Further on Sustained Milder Weather Forecasts

Natural gas futures are facing heavy pressure, plunging near the $4.00 per MMBtu mark. The dominant bearish factor is the consistently warmer-than-normal weather forecasts across the US, which are drastically reducing the need for heavy storage withdrawals.

Natural Gas Plunges to 6 Week Low on Milder Weather Forecasts

Natural Gas Plunges to 6 Week Low on Milder Weather Forecasts

Natural gas futures have taken a sharp hit, dropping to a six-week low of around $4.11 per MMBtu. The sell-off is driven by a sudden shift in weather models, which now predict milder-than-normal temperatures for late December.

Natural Gas Prices Eye Breakout as Winter Weather Forecasts Turn Cold

Natural Gas Prices Eye Breakout as Winter Weather Forecasts Turn Cold

Natural gas futures have surged past $5, driven by forecasts of severe cold weather and large storage withdrawals. High LNG export volumes are further tightening domestic supply.

Natural Gas Prices Rebound Slightly After Hitting Six Week Lows

Natural Gas Prices Rebound Slightly After Hitting Six Week Lows

Natural gas futures saw a modest technical rebound after plunging to their lowest level in six weeks. The market is struggling with a highly bearish outlook driven by warmer-than-expected weather and record domestic production.