Another uninteresting day.

NYMEX futures slowly drifted off during the day, but like yesterday, nothing crazy. The April futures contract expires on Thursday, so May will soon be the front month. The contract was down 7 cents today to $3.88 US/mm. The sell-off is consistent with the warm 8-14 day forecast. NOAA’s updated Seasonal Temperature Outlook is showing lots of warmth as well.

The EIA storage report this week is expected to show an injection of +11 Bcf.