October 9, 2019 – Natural Gas Intelligence
Weather Model ‘Chaos’ Leaves Natural Gas Futures Down a Third Day
By Leticia Gonzales
With a growing disparity between weather models and strong daily production data, natural gas traders pushed Nymex futures down another nickel on Wednesday. With traders expecting another loose storage stat in the latest government data due out on Thursday, the November contract settled 5.4 cents lower at $2.234/MMBtu. December slipped 5.5 cents to $2.436.
Spot gas prices were mixed again, with mostly...