Markets

Morning Natural Gas Market Report

October natural gas prices slipped to a new 8-day low during the initial morning hours, seemingly in response to diminished tropical storm threats. The low-pressure system in the western Gulf of Mexico and slow progress with Tropical Storm Maria in the Atlantic has reduced some of the weather-premium out of the natural gas market, according to some traders. The Commitments of Traders Futures and Options report as of September 6th showed non-commercial traders were net short 171,695 contracts, an increase of 2,985. Non-commercial and nonreportable traders combined held a net short position of 137,409 contracts, an increase of 1,720 in their net short position.

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.

Other Topics

Commodities