November gas futures added about a nickel to end Wednesday’s session in the mid-$2.90s per million Btu, gaining back a small portion of the four-session 16.6￠, 5.4% decl ine that started on November’s first day as prompt month

摘要

"The November contract is bouncing back a bit after heavy selling early in the week had it scrambling to find support at $2.90/MMBtu,” Gelber & Associates analyst Daniel Myers said. He sees a possible “aggressive push back above $3 tomorrow “as the storage build forecasts show the small build taking “a significant bite out of the current advantage that total storage has over five-year average levels.”