After hitting a near three-year high of $4.20/MMBtu a week ago, natural gas prices have gone into a sharp reversal, leading to growing fears that the bull party could have come to an abrupt end. Natural gas futures slipped another 4% on Thursday to trade at $3.90/MMBtu after the U.S. Energy Information Administration (EIA) reported that natural gas injections rose by 49 billion cubic feet for the week ended Aug. 6, above the 44 billion cubic feet average estimate by Wall Street. Gas prices have now declined four times in five sessions while…
Hence then, the article about the natural gas rally is far from over was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( The Natural Gas Rally Is Far From Over )