Prospect of Mild Weather Ahead Caps US Natgas Rebound

摘要

February natural gas futures ended the week in the upper $3.20s, recovering only part of a three-session, 27￠ loss in the wake of a healthy withdrawal from storage. “The market is recognizing the present and future cold but shrugging off the first triple-digit draw of the year, mostly because of the large amount of gas still in storage and the timing of the draw,” Gelber & Associates analyst Aaron Calder said Friday.