U.S. Natural Gas Futures Extend Gains for Third Session
U.S. natural gas futures extended their gains to a third consecutive session, driven by lower production, persistent cooling demand, and liquefied natural gas (LNG) flows. While weather and LNG are key demand factors, Gelber & Associates noted that neither indicates a significant new demand surge.
S. natural gas futures extended gains for a third session, with prices supported by lower production, lingering cooling demand and LNG flows. Weather and LNG remain the main demand factors, but Gelber & Associates said in a note that neither offers clear evidence of a new demand surge. Colder conditions later in Oc…