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US Natgas Rally Fizzles on Larger-Than-Expected Build

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Published:
Thu, Aug 10, 2023
Author
Everett Wheeler, Washington
Editor
Chris Raine
Bear,Market,Oil,Price,Falling,Oversupply,Investment,Stocks,Financing,Trading,Increase,Decrease
Pla2na/Shutterstock

On the heels of a five-day, 48.2¢ rally that pushed the September US natural gas contract above $3 per million Btu in intraday trading a day earlier, a bearish storage report on Thursday brought domestic gas futures back to earth.

Topics:
Gas Futures and Derivatives, Gas Prices, Gas Inventories, Gas Supply, Gas Demand
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