Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots

Natural Gas MCX

Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots

Natural gas prices moved lower on Thursday, declining slightly more than 2% following a smaller than expected draw in natural gas inventories.

Read moreNatural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots

Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots via @goldsilverrepor

Is There More Hurt Ahead for Natural Gas or Can It Heat Up?

MCX Natural Gas Tips

Future prices for natural gas “fell to a one-month low on Friday after plunging more than 12% for the week. The commodity Natural Gas is currently trading around $2.34 per million British thermal units, which is nearly 50% below where it traded a year earlier. It’s down 21% for 2019.”

Read moreIs There More Hurt Ahead for Natural Gas or Can It Heat Up?

Is There More Hurt Ahead for Natural Gas or Can It Heat Up? via @goldsilverrepor

Natural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market

Natural Gas

Until more convincing cold starts showing up in the models, downside risk will outweigh upside potential.

Read moreNatural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market

Natural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market via @goldsilverrepor