Into the Vortex – Natural Gas Traders Outlook for The Week Ahead

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  • #58979
    TradersCom
    Keymaster

    A reminder paper runs natgas

    HH natural gas futures sold off the 2.60/65 option line hard to settle at $2.4000 MMBtu Down 7.2%,
    Off 2-month high
    Largest one-day drop in 4 weeks
    Reminder the thrust high was on huge $BOIL spec buying – the rubber always meets the road
    #ONGT $KOLD

    #58830
    TradersCom
    Keymaster

    EIA reported a below consensus net build of +96 Bcf from storage last week. In the same week last year stocks were +89Bcf, with a five-year (2017-2021
    [See the full post at: Into the Vortex – Natural Gas Traders Outlook for The Week Ahead]

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