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Natural Gas Prices Fall As Weather Forecasts Turn Warmer - The Wall Street Journal

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Natural Gas Prices Fall As Weather Forecasts Turn Warmer - WSJ

Nov. 1, 2023 9:38 am ET

0932 ET – Weather forecasts fail to support natural gas futures, which are giving back some of last month’s heavy gains. NatGasWeather.com says data trended warmer overnight. “Natural gas prices are several cents lower in overnight trade as a result, but still solidly higher on the week,” the firm says in a report. US inventories are expected to remain higher than the historical average in tomorrow’s EIA weekly report, NatGasWeather.com says. The natural gas December contract declines 3.6% to $3.445/mmBtu. ( paulo.trevisani@wsj.com; @ptrevisani)

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