US February gas futures moved up slightly as traders face uncertain weather forecasts

摘要

The contract moved 2.7￠ higher to end the session at $2.118/MMBtu after trading in a range from $2.067 to $2.138 (Futures contracts). The 12-month strip was up 2.3￠ at $2.399, while the 2017 strip was up 2.6￠ at $2.734. 'Flat trading again today as market participants look ahead to 16 days of swirling fronts and expectations of a roughly 180 Bcf withdrawal,' Gelber & Associates analyst Aaron Calder said.