Markets

Morning Natural Gas Market Report

October natural gas traded higher during the overnight and early morning hours, as it extended Tuesday's advance. Some traders indicated that Tuesday's price decline to a new contract low, followed by a positive closer reflected a turn in sentiment. It is possible that the market has seen a level of storage buying at depressed prices as well as short covering interest with Tropical Storm Katia swirling in the Atlantic. Katia is expected to be upgraded to a hurricane later today.

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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