August natural gas futures treaded water Friday in spite of ongoing oppressive heat and trader perceptions that the market may have put in an important seasonal low. At the close August had risen 0.4 cent to $4.399 and September had added 0.8 cent to $4.370. September crude oil gained 74 cents to $99.87/bbl.
Treaded
Articles from Treaded
Little Buying Support Seen at Lower Prices, Yet March Inches Up
March natural gas futures treaded water Wednesday in anticipation of Thursday’s release of government figures showing a withdrawal that would place inventories below last year and five-year averages. At the closing bell March futures had risen four-tenths of a cent to $4.044 and April futures added 1.1 cents to $4.083. March crude oil fell 23 cents to $86.71/bbl.
February 10, 2011
Futures Hover Just North of $4.50 Ahead of Expiration
Traders on Tuesday were taking a breather from the recent freefall in natural gas futures as the November contract treaded water for a majority of the session before closing at $4.557, up 4.4 cents from Monday’s close.
October 28, 2009
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