Forecasts for short bursts of cold for the remainder of February is supporting the March gas futures contract in the $1.80s per million Btu, with Friday’s close at $1.837/MMBtu, up 1.1c.

摘要

The contract was down 2.1c for the week.“However, the market remains on shaky ground, and as the front resumes range-trading, contracts deeper into the year are slipping back toward their lows,” Gelber & Associates analyst Daniel Myers said Friday. “Futures contracts through June are all currently trading below $2, with the balance of 2020 averaging $2.06/MMBtu today.”