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Bears Look to Regain Control as November Natural Gas Slips; Spot Gas Slides on Increased Supply

October 11, 2018
Leticia Gonzales
  • 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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Natural Gas Intelligence (NGI), is a leading provider of natural gas, shale news and market information for the deregulated North American natural gas industry. Since the first issue of Natural Gas Intelligence was published in 1981, NGI has provided key pricing and data relied upon daily by thousands of industry participants in the U.S, Canada and Mexico as well as Central and South America, Europe and Asia.