View full page at energyexch.com

 

Upcoming Chill Sends November Natural Gas Up to $6.20 at Expiration; Cash Rallies Too

From naturalgasintel.com

That roar heard throughout the U.S. gas market on Thursday was that of natural gas futures, which went out like a lion Wednesday as yet another shift in the latest weather data led to continued volatility. The prompt month rolled off the board at $6.202, up 32.0 cents on the day. The December contract, which moves to the front of the curve on Thursday, climbed 19.5 cents to $6.198. Models add demand to 15-day outlook Storage deficit seen shrinking Storms rattle cash markets Spot gas prices also rallied in the wake of powerful storms that hit the West and East coasts. NGI’s Spot Gas National Avg. jumped 23.5 cents to ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis