Markets

Morning Natural Gas Market Report

January natural gas prices took on a higher track during the early morning hours and broke out to a new 8-session high in the process. Some traders viewed Wednesday's EIA storage data that showed a smaller than expected 9 bcf injection as a positive. This brought total storage levels to a new record high level of 3,852 bcf. This week's injection also widened the current surplus compared to 5 year storage level to 6.4%.

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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