March gas futures fell a little more than a nickel to close below $2 per million Btu following a bearish storage withdrawal that missed expectations by 14%, or 12 billion cubic feet

摘要

'This report shows that supply/demand balance is more oversupplied than we thought, even at rock bottom prices,' Gelber & Associates analyst Aaron Calder said. 'There’s a lot of small breaks that have been going against bullish traders, that combined have had a profound negative effect on the natural gas market,' Calder said of the extremely warm temperatures, the global economic slowdown and high production.