Natural gas prices are on pace for gains this week, pushing back higher after steep losses during the week prior. Near-term fundamentals remain bearish as the lack of weather-related demand masks any underlying tightness, as storage inventories near 4 Tcf. However, production continues to lag year-ago levels and early estimates show volumes declining so far in early November. This could present upside market risk as winter heating needs ramp up.
Natural Gas Market Talk | 11.08.2024
Futures prices claw back some recent losses even as mild weather persists in key areas.
The Energy Buyer's Guide
Authors
Andy Huenefeld
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