No Fireworks for Natural Gas Futures as Slide Continues - Natural Gas Intelligence
Natural gas futures sold off for a third straight session Tuesday, with weak physical prices, cooler forecast trends and the prospect of another above-average inventory build all helping to keep the bulls on the sidelines. Meanwhile, calls for more heat and humidity along the East Coast couldn’t stir up a stagnant spot market; the NGI Spot Gas National Avg. slumped 5.5 cents to $1.875/MMBtu.