Home » Bears Look to Regain Control as November Natural Gas Slips; Spot Gas Slides on Increased Supply
Bears Look to Regain Control as November Natural Gas Slips; Spot Gas Slides on Increased Supply
- Mild temperatures on tap for late October help to send November futures down 6 cents
- Improving supply picture, on-target storage injection add further pressure to already soft market
- Future market direction will be highly correlated to whether bullish risks begin showing up again in weather forecasts; November likely to be mild
- Spot gas prices sink as production begins to return following Michael, Enbridge brings unharmed line back to service
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