November Gas Ends Week Down 2% As Production Sets New Records

摘要

The November gas futures contract,which expires Monday,edged down Friday to close in the upper $3-teens per million Btu,ending the week down 2%.But the weak finale might have more to do with timing than market direction,as the contract bounced between the low $3-teens and low $3.20s all week as the battle between extremely low storage levels and robust production continues.