Nat-Gas Prices Fade Mildly But See Support from Hotter US Weather Forecasts
August Nymex natural gas (NGQ26 ) on Thursday closed down -0.009 (-0.31%), giving back part of Wednesday's rally of +2.09%. Nat-gas prices fell back as US natural gas inventories rose by more than the 5-year average. Also on the bearish side was concern that Tropical Storm Bertha could disrupt liquefied...
Quick take
Read original at Yahoo Finance Natural gas prices fell slightly on Thursday, despite forecasts of hotter US weather boosting demand. Inventories rose more than the 5-year average, with Tropical Storm Bertha potentially disrupting exports and increasing domestic supplies.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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