Front-month natural gas futures ended their four-day streak of higher finishes on Wednesday as expectations for a smallish storage draw in Thursday’s report trumped positive economic news. April natural gas futures dropped 1.8 cents on the day to close at $4.329.
Smallish
Articles from Smallish
Ike Entering the Gulf Doesn’t Stop Futures From Falling
Despite a Category Two hurricane currently in the Gulf of Mexico, significant draws in petroleum inventory and expectations of a smallish natural gas storage injection report Thursday morning, energy markets on Wednesday retreated. October natural gas futures dropped 14.2 cents on the day to close at $7.393.
September 11, 2008
Bears Reign as Absolute Level of Storage Trumps Smallish Injection
After initially moving higher on the news that a smaller-than-expected 34 Bcf was added to storage last week, the natural gas futures market tumbled lower Thursday on the realization that refills will continue for at least another week.
November 7, 2003
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