Natural gas futures climbed for a third day, with seasonal buying, growing confidence in a chillier late-April and softer production all in play. The May
Natural gas futures climbed for a third day, with seasonal buying, growing confidence in a chillier late-April and softer production all in play. The May
Traders looked past the arrival of below-average temperatures this week and focused on strong production and expectations for mild mid-February weather,
Traders looked past the arrival of below-average temperatures this week and focused on strong production and expectations for mild mid-February weather,
The good news for gas buyers is that weekly prices worked another 18 cents lower to $3.72 according to the NGI Weekly Spot Gas National Average for the week ended July 25. The bad news is that for unhedged physical market longs the pace of weekly declines is accelerating. For the week ended July 18 the market fell 11 cents to a national average of $3.90.