Natural gas futures declined 0.3% to $3.017 per mmBtu on Tuesday, with trading centered around the $3 mark. Weather conditions remain the primary factor influencing prices, as cooling rains in Texas may create physical market weakness. Week 3 warming trends are also lowering projected heating demand.
Analysts at EBW Analytics note that the upcoming EIA storage report is projected to show a 64 bcf injection. A surprise in either direction could spark a stronger price move. The market continues to watch regional weather patterns closely for directional cues.
来源: Wall Street Journal Markets · 由HeadlinesBriefing整理摘要