US natural Gas prices rebounded after three days of losses, supported by a smaller-than-expected storage build. Lower inventory growth may signal tighter supply dynamics in the weeks ahead, ING’s commodity experts Ewa Manthey and Warren Patterson note.
Natural Gas
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The natural gas market looks likely to see a lot of resistance above. The market is looking at a major barrier above, and of course we are still in the summer doldrums. However, the September contract will be a bit better than August.