This is an excerpt from the CME website. Note the bold word (I added these) about the supply side of the market. This was evident in the EIA storage report on the same day. Their use of the bearish term…
Author: Rick Ankrum
Gas Storage Level Continues To Build
Today’s gas storage report shows continued building in the storage volume. The level is now near the 5 year average high. Mild weather has contributed to the building natural gas in storage. This has helped to keep the forward price…