Natural Gas News: Traders Focus on Weather Forecasts for Price Guidance Traders watch the heatwave and Tropical Storm in the Gulf as natural gas futures trading resumes Thursday, analyzing the potential market impact Despite yesterday’s rally due to heatwave concerns, the market sees this as a short-covering rally with heat already priced in for weeks Professional traders sell nearby contracts and buy deferred ones, preparing for potential winter shortages caused by sustained heat demand Natural Gas News: Traders Focus on Weather Forecasts for Price Guidance Traders watch the heatwave and Tropical Storm in the Gulf as natural gas futures trading resumes Thursday, analyzing the potential market impact Despite yesterday’s rally due to heatwave concerns, the market sees this as a short-covering rally with heat already priced in for weeks Professional traders sell nearby contracts and buy deferred ones, preparing for potential winter shortages caused by sustained heat demand

By earn Jun 19, 2024 0 Comment #market