MARKET VIEW

US Cash, Futures Markets Remain in Bears' Firm Grasp

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Forex,Trading,Financial,Stocks,Market
Funtap/Shutterstock

After falling for three consecutive sessions exiting the Memorial Day weekend, July gas futures recovered 1.4¢ Friday to $2.172 per million Btu, a 24.5¢ plunge from a week earlier, driven by abundant gas supply and lackluster late-spring demand.

Topics:
Gas Prices, Gas Supply, Gas Demand, Gas Inventories, Gas Spot Markets
Wanda Ad #2 (article footer)
#
State regulators have not identified what led to the highest-ever gas prices during February 2021's Winter Storm Uri, raising red flags about the upcoming winter.
Fri, Sep 29, 2023
The November Nymex contract failed to breach the $3/MMBtu mark in its first two days in the prompt month spot despite "bullish shifts" in the fundamental picture.
Fri, Sep 29, 2023
Moscow has published two scenarios for the development of its oil and gas sector in the coming three years.
Wed, Sep 27, 2023