August Nymex natural gas (NGQ26) on Thursday closed down -0.200 (-6.23%).
Nat-gas prices tumbled to a 1.5-month low on Thursday and settled sharply lower. Above-average weekly US nat-gas storage levels undercut prices. The EIA reported on Thursday that weekly EIA nat-gas inventories rose by +61 bcf for the week ended July 3, above the five-year average for the week at +51 bcf.
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Nat-gas prices tumbled to a 1.5-month low on Thursday and settled sharply lower. Above-average weekly US nat-gas storage levels undercut prices. The EIA reported on Thursday that weekly EIA nat-gas inventories rose by +61 bcf for the week ended July 3, above the five-year average for the week at +51 bcf.
PLUG Stock Alert: Plug Power Just Scored a Major Green Hydrogen Win in Australia
Nat-Gas Erases Early Gains on the Outlook for Larger US Inventories
Beyond the War Premium: How Strategic Reserves Create a New Floor for Oil Prices
3 months ago
