US November Natural Gas Futures Shore Up After Three-Session Fall

摘要

Additionally bearish is the outlook for November through January, with forecasts calling for above-normal temperatures for most of the US. Still, that didn't prevent the contract on Friday from surging to a session high of $3,785 before falling back. Storage data has proved a more solid foundation for price movements but it was unavailable last week due to the partial government shut down that ended on Thursday, setting up a storage-heavy week to come.