Forecast Threats to Natural Gas Demand Sink Futures Prices; Cash Weighed Down by Holiday - Natural Gas Intelligence
Forecast Threats to Natural Gas Demand Sink Futures Prices; Cash Weighed Down by Holiday
Potentially demand-sapping events ahead of the Fourth of July holiday weekend kept pressure on August Nymex natural gas futures Monday as inventories stuck in the craw of a market looking for solid demand to vanquish a hefty surplus.
At A Glance:
- Futures crash
- Demand woes weigh
- Cash mostly tumbles