Weather forecasts also pointed to wintry weather in parts of the US until mid-April, which could boost heating demand. For the week, the contract is set to surge more than 12% bringing the year-to-date gain to 70%. ht...
Natural Gas Price Fundamental Daily Forecast – Bearish Weather Outlook to Weigh on Demand Look for counter-trend buyers on the first test of $2.500 to $2.445. They are going to try to form a potentially bullish secondary higher bottom. ...
Welcome back to the grind :D The national average gas price is up just under a penny (+0.9¢ / +0.4%) since last month at $2.140 - this time last year...
The US natural gas storage inventory deficit that developed last winter has not abated: strong demand from the electric power sector-driven by coal plant retirements and supportive weather-coupled with stronger LNG exports has eaten into the largest production growth in history. The market now faces...