The cash market wavered on either side of flat Tuesday, seemingly torn between forecasts of colder temperatures in such key market areas as the Midwest and South versus the previous day’s prompt-month futures break below $5 for the first time since December combined with ample storage inventories remaining as the final month of the traditional withdrawal season nears.
Wavered
Articles from Wavered
Gains Slightly Outnumber Losses in Near-Flat Market
The cash market wavered on either side of flat Tuesday, seemingly torn between forecasts of colder temperatures in such key market areas as the Midwest and South versus the previous day’s prompt-month futures break below $5 for the first time since December combined with ample storage inventories remaining as the final month of the traditional withdrawal season nears.
February 24, 2010
Weather, Storage on Back Burner; June Natural Gas Propped Up by Crude
June natural gas futures on Tuesday wavered on price direction in early trading, but finally resolved to trade somewhat higher. After notching a low of $6.600 just after 11 a.m. EDT, the prompt month inched upward in the afternoon to record a high of $6.870 before closing at $6.746, up 5.1 cents on the day.
May 3, 2006
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