On Monday the December 2017 NYMEX natural gas futures contract opened at $3.070 and traded in a 6.3 cent range between $3.089 and $3.026. It settled the day at $3.047/dth, down 5 cents. Revised warmer temperature forecasts in the coming weeks suggest a decrease in seasonal demand and storage withdrawals. The 10 day forecast shows above normal temperatures for the western half of the country and a mix of mild and below normal temperatures are forecast for the eastern half of the US. The December 2017 crude oil contract traded between $56.76 and $55.57. It expired at $56.09, down 46 cents/barrel.
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