Storage

Natural Gas Needs a Doctor Stat as September Flatlines, Despite Growing Storage Deficit

September natural gas prices ended Thursday in the black (barely) as the latest storage inventory data suggested a less loose supply/demand balance than what some in the market had expected. The Nymex September futures contract settled at $2.964, up eight-tenths of a cent. Spot gas prices, meanwhile, softened once again as cooler weather was expected to linger for a few more days before the next round of heat moves into parts of the country late in the weekend. The NGI National Spot Gas Avg. slipped 6 cents to $2.73. Read More