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

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  • #57748
    TradersCom
    Keymaster

    Natural Gas June Futures settle $2.3180/MMBTU down -0.092 on Monday with weather and all-time high in US gas production this weekend.

    #57789
    TradersCom
    Keymaster

    Natural Gas Futures down almost 4%, front much taking the most pain:
    Natural Gas Jun 2023 2.195 -0.123
    Natural Gas Jul 2023 2.398 -0.100
    Natural Gas Aug 2023 2.481 -0.085
    Natural Gas Sep 2023 2.462 -0.084

    #57597
    TradersCom
    Keymaster

    EIA reported a bigger than consensus expected net build of +54 Bcf from storage last week. In the same week last year stocks were +72Bcf, with a five-
    [See the full post at: Into the Vortex – Natural Gas Traders Outlook for the Week Ahead]

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