Morning Natural Gas Market Report

A generic image of chart Credit: Shutterstock photo

September natural gas traded lower during the early morning hours, as they challenged yesterday's low. While natural gas has bounced above $4.00 in recent sessions, it is probably reserved ahead of this morning's EIA storage report. Street expectations are for a modest, 36 bcf injection, which matches last year's injection and the 5 year average. The latest 6 to 10 day weather maps forecast a widening zone of warmer temperatures toward the upper-east US. At the same time, storm activity has picked up quite a bit over the past day, with the National Hurricane Center following 4 low pressure systems in the Atlantic. This is likely to be closely followed, as the peak hurricane season approaches.

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.

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.