US April NatGas Futures Holding Steady; Bullish Indications Seen

摘要

The April US natural gas contract saw little change last week, remaining near decade-low levels as weather forecasts offer little hope for a surge in late-winter demand. Still, there was some overall volatility, as the prompt-month contract fell to $2,204 on Tuesday, an intraday low not seen since 2002, but rebounded by week's end as bargain hunting pushed the contract as high as $2,362 on Friday.