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Short squeeze on gas pushes prices to a fresh 3-month intra-day high
The weather is expected to remain warmer than normal for the next 2-weeks
Despite the recent tumble in price natural gas inventories remain below the 5-year average range for this time of year. Warmer than normal weather is expected to cover most of the United States ...
Implied volatility on natural gas is relatively low. The current September implied volatility is 23%, well below the highs of the year which is closer to 40%.
Natural gas prices moved higher on Wednesday ahead of Thursday’s inventory report from the Department of Energy. Expectations are that inventories will rise by 57 Bcf according to Estimize.
Prices ease despite cold northeast weather forecast. For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
The weather is expected to remain warmer than normal. For premium support please call: 800-290-4726 more ways to reach us