Markets

Morning Natural Gas Market Report 11/01

December natural gas prices grinded higher during the initial morning hours and ahead of this morning's EIA storage report. Expectations for this morning's EIA storage report are for an injection in the range of 68 bcf. The near term demand side of the natural gas market remains under pressure, with an estimated 5.8 million without power in the Northeast. However, an elevated amount of offline US nuclear capacity could be offering a modest boost in natural gas demand.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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