Natural gas futures turned back to the downside following a dramatic early-week spike. The market found stability ahead of the weekend as the prompt-month contract failed to sustain a push below $4.00 per MMBtu. Near-term weather forecasts remain unsupportive, but the lack of any signs of immediate production growth continues to prop up market sentiment. LNG export demand is already at record levels and set to grow further against a backdrop of a wide storage deficit.
Listen to this episode with a 7-day free trial
Subscribe to The Energy Buyer's Guide to listen to this post and get 7 days of free access to the full post archives.
