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MARKET VIEW

Late-Week Gas Futures Rally Fails to Overcome Shoulder Season Pressure

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Published:
Fri, Sep 8, 2023
Author
Everett Wheeler, Washington
Editor
Michael Sultan
Natural,Gas,Storage,Tank
ANTON ZUBCHEVSKYI/Shutterstock

US natural gas futures ended the week with a two-day, 9.5¢ rally, but it wasn’t enough to overcome the selling pressure that came earlier in the week. On Friday, the October contract settled up 2.6¢ at $2.605 per million Btu for a one-week decline of 16¢.

Topics:
Gas Prices, Gas Supply, Gas Demand, Gas Inventories
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