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Natural Gas Price Fundamental Daily Forecast – Bias Flips Back to Upside as Futures Chase Spot Prices HigherThe EIA will release its weekly storage report with analysts expecting to see the year/year surplus possibly flatline or flip to a deficit.
Feb 11, 2021 12:42 PM GMT
Natural gas prices are trading higher shortly before the regular session opening at 13:00 GMT and the release of the government’s weekly storage report at 15:30 GMT.
The market confirmed yesterday’s dramatic reversal to the upside with today’s follow-through move. Helping to drive futures prices higher is Wednesday’s surge in cash gas prices.
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