Natural Gas Futures - Jul 23 (NGN3)

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    2.381 - 2.479
  • Type:Commodity
  • Group:Energy
  • Unit:1 Mmbtu

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  • “Looking ahead at future withdrawals, mild weather is expected to continue to impact the storage reports on Dec. 10 and 17 as well,” said Dan Myers, analyst at Houston-based gas market consultancy Gelber & Associates.He said today’s report as well as the following two were not expected to show remarkably higher consumption compared to five-year averages.“As a result, it is likely that total storage inventories will drive closer and eventually surpass the five-year average of total storage in the near future,” said Myer