While prompt-month natural gas staged a feeble rally Friday afternoon, the real news of the day was the 25-cent and greater losses across most winter contracts. October natural gas traded within a $4.810 to $5.070 range before settling the week at $4.982, up 9 cents on the day, but 69.3 cents lower than the previous Friday’s close.
Feeble
Articles from Feeble
Futures Shed 17.1 Cents as Cold Front’s Extent is Debated
Traders appeared to be reassessing the severity and duration of current cold weather in the Midwest and East on Tuesday as January natural gas made a feeble attempt higher before falling. The prompt month settled at $13.489, down 17.1 cents for the day, which brings the two-day decline to 44.2 cents.
December 7, 2005
Weather, Storage Influences Keep Bears in Command
Although the screen was successful in a feeble attempt at rallying during regular-session activity, cash prices continued to fall Thursday as traders contemplated the dual market depressants of hefty volumes already socked away into storage less than midway through injection season along with temperatures that, while on the warm side, remain subpar for this time of year.
June 22, 2001
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