Natural Gas Futures Prices Mixed as Traders Assess Late November Cold and Soaring Production

Natural gas futures prices fluctuate as traders weigh late November cold weather and soaring production. Concerns of potential oversupply lead to falls below $3. The lack of access to prior weeks storage data due to a planned EIA systems upgrade causes potential price volatility. US natural gas prices reach $3 per mmBtu, the highest since January, after a smaller-than-expected storage build. Prices are nearing the $3 level of resistance.