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Natural gas futures continued to grind lower early Tuesday as uncooperative forecasts pointed to more struggles ahead for a market trying to manage excess
The U.S. Energy Information Administration (EIA) on Wednesday reported a withdrawal of 7 Bcf of natural gas from storage for the week ended Nov. 17. The
Record power burns and elevated gas exports have halved the surplus of Lower 48 working gas in storage since the summer. However, with an expected
Natural gas prices for the Aug. 21-27 period moved lower as much of the United States enjoyed mild temperatures ahead of a warm-up expected later this weekend. Most regions saw prices decline less than a dime, although steeper losses were seen in the Rocky Mountains and along the West Coast, which is finally seeing signs of cooler weather ahead. The NGINational Weekly Gas Avg.dropped 12 cents to $2.79.