U.S. Natural Gas Futures Lower in Early Trade -- Market Talk

Dow Jones
02-28

0920 ET - U.S. natural gas futures are holding below the $4 mark with March weather continuing to look warmer than previously expected. "With the bearish weather forecast over the last week indicating storage deficits liable to peak near a manageable 250 Bcf, and daily production rebounding to test early-February highs, near-term downside is favored," Eli Rubin of EBW Analytics says in a note. The inventory deficit over the five-year average widened last week to 238 Bcf from 118 Bcf the week before. "The cold winter has accelerated the bullish narrative while prompt storage deficits provide fundamental cover for longs," Rubin adds. The Nymex front month is off 1.3% at $3.884/mmBtu. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

February 28, 2025 09:20 ET (14:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10