Market Watch

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With storage inventory data offering little direction, traders tested the upper end of the new trading range Thursday, pressing the October gas futures contract up 17.1¢ to $4.976 per million Btu. But the bullish move could soon be undone as Thursday's 76 billion cubic foot storage build was slightly above the five-year average and upcoming reports could narrow the seasonal deficit even more (see below). The contract traded in a $4.741-$5.037 range. The 12-month strip rose 14.7¢ to $4.405; the 2022 calendar strip was up 12.8¢ to $4.108 (Futures contracts).

As he looks to protect his right flank ahead of April's presidential election, French President Emmanuel Macron is dialing up support for new nuclear.
Fri, Oct 15, 2021
The juxtaposition of a mild weather against a tightening supply-demand outlook brought about another volatile week for natural gas futures.
Fri, Oct 15, 2021