Prices dwindled at virtually all points Friday as cooling load remained largely static or dropped in such key market areas as the Northeast. The previous day’s decline of 3 cents by September futures was an additional, but minor, bearish influence on the cash market.
Dwindled
Articles from Dwindled
Volatility Wanes as Futures Traders Search for Direction; April Slips 6 Cents
Volatility has dwindled in the gas futures market, and traders struggled to find direction Wednesday without much success. The April contract was weak in the morning, strong midday with a daily high of $5.45 just before noon and then weak again in the afternoon ending the day down 6.1 cents at $5.278.
March 20, 2003
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