September natural gas stabilized from yesterday's weak price action during the overnight and early morning hours. It seems that a shift in near-term weather maps calling for cooler temperatures across the Northern US was a force reducing potential demand for natural gas. Additionally, Tropical Storm Emily is expected to bypass key Gulf of Mexico operations, and that reduces the threat of a near term supply disruption.
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.
