Natural Gas Forecast Dec. 23, 2011, Fundamental Analysis
Natural gas prices rose on Wednesday and energy prices fell slightly after the EIA report was released which showed a decline in Natural Gas storages above expectations to reach -100 BCF from -102 BCF. Traders will continue to focus on weather developments, where weather forecasts suggest temperatures will be likely
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Natural gas prices rose on Wednesday and energy prices fell slightly after the EIA report was released which showed a decline in Natural Gas storages above expectations to reach -100 BCF from -102 BCF.
Traders will continue to focus on weather developments, where weather forecasts suggest temperatures will be likely lower than average over the coming period, and that could put natural gas between gains and losses in next period.
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