Markets

Morning Natural Gas Market Report

July natural gas prices took on a slightly higher track during the initial morning hours as they tried to recover from Monday's negative reversal. It appears that the natural gas market has come under a degree of pressure on weather reports that call for moderating temperatures in key demand areas as well as reports showing US nuclear capacity returning back toward normal levels. Some traders also pointed to reports that drought conditions in Texas have prompted ideas of rationing water, and that could become a factor that limits drilling for natural gas.

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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