Add to Bookmarks
Natural gas futures are edging lower on Tuesday after running into resistance earlier in the session. The market continues to be well-supported by near-record export demand and driven higher by calls for intensifying cooler temperatures. Today’s early price action, however, suggests the weather-related news may have been fully-priced into the market. This could lead to a short-term pullback.
At 14:12 GMT, June natural gas futures are trading $2.803, down $0.015 or -0.53%.
Advertisement
Start Trading
Short-Term Weather Outlook
According to NatGasWeather for April 20 – April 26, “Several colder than normal weather systems will track across the U.S. through the weekend with rain, snow, and chilly lows of 20s to 40s for strong national demand, coldest over the Rockies, Northern Plains/Midwest, and interior Northeast. The southern U.S. will also see bouts of showers, although still mostly comfortable with highs of 60s to 80s. The West will be warm with highs o
Natural Gas Price Fundamental Daily Forecast - Traders More Focused on Heating Demand than EIA Report
fxempire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxempire.com Daily Mail and Mail on Sunday newspapers.
Natural Gas Price Fundamental Daily Forecast - Strong LNG Export Demand Not Enough to Offset Bearish Weather
fxempire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxempire.com Daily Mail and Mail on Sunday newspapers.