Page 28 - Northeast Monday News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Add to Bookmarks Natural gas futures finished lower last week with the selling pressure driven by a mild weather pattern, a weak response to the second largest storage draw on record and lower spot market prices. The focus now shifts to the start of meteorological spring on March 1 and whether end-of-March storage winds up at or above 1.6 Tcf. Total inventories will start the new month down to 1.8 Tcf, but warmer temperatures are expected to weigh on demand so storage draws could undoubtedly be weak. Advertisement Start Trading 75% of retail CFD investors lose money Mobius Risk Group analysts said, “Regardless of how warm March is, the odds of finishing the withdrawal season anywhere close to 2 Tcf are essentially nonexistent, while the risk of falling sub 1.5 Tcf are at least 60% if not greater.”

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