Natural gas futures posted a second consecutive day of gains Tuesday as liquefied natural gas (LNG) levels remained strong and production was curtailed as
Natural gas futures sold off for a third straight session Tuesday, with weak physical prices, cooler forecast trends and the prospect of another above-average inventory build all helping to keep the bulls on the sidelines. Meanwhile, calls for more heat and humidity along the East Coast couldn’t stir up a stagnant spot market; the NGI Spot Gas National Avg. slumped 5.5 cents to $1.875/MMBtu.
The losses continued for natural gas forward prices during the Sept. 10-16 period, with cooling weather and increasing storage concerns pouring salt in
A bearish government storage report, combined with forecasts showing too little cold too late in the season, pressured natural gas futures lower Thursday.