US natural gas futures jumped Monday morning as forecasts shifted sharply colder across the Mid-Atlantic and Northeast, colliding with the record hedge fund short position we flagged Sunday.
Incoming Cold Blast
"A midweek cold front is expected to bring a noticeable cooldown across portions of the central and eastern Corn Belt. By Thursday and Friday, temperatures will trend toward or below seasonal averages across much of the region, while warmer conditions persist farther west," private weather forecaster BAMWX wrote on X.
A midweek cold front is expected to bring a noticeable cooldown across portions of the central and eastern Corn Belt. By Thursday and Friday, temperatures will trend toward or below seasonal averages across much of the region, while warmer conditions persist farther west.
— BAM Weather (@bam_weather) November 8, 2026
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