US October Gas Contract Finishes Volatile Week Chasing Forecasts

摘要

US October gas futures recovered some ground Friday from Thursday's 3.3% plunge, sliding into the weekend in the mid-$3.80s. But while the bounce may have given bulls some relief, the bears certainly have the upper hand heading into autumn. Not only is a brief bout of summer heat over in the major northern-tier markets, but storage injections are set to ramp up with a vengeance.