The natural gas futures market began this week much like it finished off the last one as traders on Monday toyed with both two-year-old support and almost three-year lows. October natural gas, which expires Wednesday, pushed to a low of $4.420 Monday before settling at $4.475, down 15.2 cents on the day.
Toyed
Articles from Toyed
LNG to Launch British (Price) Invasion?
Gas market participants who have groused that hedge funds and speculators have toyed with their purse strings will have a new (and more real) bogey man in the years to come as liquefied natural gas (LNG) captures an increasing share of the North American gas market and the United States becomes more exposed to overseas pricing dynamics..
May 25, 2006
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