BOIL is trading at $19.23, down -2.88%, as forecasts for warmer-than-normal weather through late October and early November curb expected heating demand.

  • On October 20, front-month gas traded at $2.99 per MMBtu, down 2.1%, and touched its lowest level since October 2.
  • Latest overnight benchmark readings were mixed, so the supplied BOIL pre-market move is not confirmed by a comparable overnight futures decline.
  • Inventories rose 67 Bcf, less than expected, offering some support.