Late-week trading at Nymex has been the a bull’s domain of late and last Friday was no different as natural gas futures continued to feed off the weekly Thursday morning reminder that the industry is facing historically unprecedented low storage levels.
Fridays
Articles from Fridays
Cash Market Avoids Usual Weekend Weakness-Again
Much like two Fridays earlier, the usual drop in gas demand thataccompanies business slowdowns over a weekend failed to have anegative effect on prices last Friday. Although it later fell morethan a nickel, an initially higher screen helped cash achieve gainsranging up to about a dime at nearly all points. Only San JuanBasin, the Southern California border and PG&E citygateregistered losses, and those were small at 3 cents or less.
September 27, 1999
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
