Markets

Morning Natural Gas Market Report for 11/12/2010

December natural gas traded lower during the initial morning hours, as it continued to struggle with the latest EIA data that showed a new record high storage level. While some weather maps indicate cooler temperatures ahead, it appears that the natural gas market continues to focus on the more than ample supplies for its direction. Some traders indicated that trading volumes were above average in recent sessions and that a decline in open interest might suggest that the recent advance was caused by short-covering.

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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