Description
Natural gas prices are showing signs of support as buyers return, but warmer U.S. weather forecasts threaten to limit the recovery. With national storage slightly above seasonal averages and regional inventories showing tighter conditions, the market faces conflicting signals.
This natural gas forecast examines the cautiously bullish technical outlook, the impact of weak heating demand expectations and the upcoming EIA storage report. Can December futures sustain their rebound despite the weather headwinds?
For the full article:
https://www.fxempire.com/forecasts/article/natural-gas-warm-forecasts-challenge-a-mixed-storage-position-1641973/
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