U.S. Natural Gas Futures Fall as Weather Set to Turn
Dow Jones
Yesterday
1547 ET - U.S. natural gas futures fall for a second consecutive session as the market looks beyond this week's inventory report to cooler weather that's likely to cut demand heading into the shoulder season. The EIA is expected to report a 28 Bcf increase in underground storage for last week, according to a WSJ survey of analysts. That's smaller than the average 52 Bcf injection and would reduce the inventory surplus over the average to 136 Bcf from 160 Bcf the week before. Nymex natural gas settles down 3.2% at $2.822/mmBtu.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.