What’s happening in the natural gasmarkets? Prices are surging like crazy. The answer may be complex, but I’m hereto provide it.
MarketAnalysis
Today, we expect the market to beaccumulating since the U.S. Energy Information Administration (EIA) on Thursdayreported an injection of 88 billion cubic feet (Bcf) of natural gas intostorage for the week ending on Sept. 24. This could indeed be explained bywarmer temperatures and entering the month of October.
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Thank you.
Sebastien Bischeri
Oil & Gas Trading Strategist
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