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Commodities Briefing - Categorized | Market Moves, Oil more

Why it’s over for natural gas

Posted on 09 January 2013

As we find ourselves deep into the winter, it is becoming increasingly clear that we are not getting the cold weather and the demand that comes with it to push natural gas higher. That is why for the Feb contract I am a seller, we could see a 2 dollar handle when Feb expires on Jan 29th.
Here are the facts behind the reasoning, Last week on Futures Now I said I thought natural Gas which was trading at 318 would get back to the 332 area , well it went to 335 and then failed miserably………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 42123 posts on Opalesque Commodities Briefing.


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