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Natural Gas Rises Amid Tight Supply - WSJ - The Wall Street Journal

The Wall Street Journal · last updated

Natural Gas Rises Amid Tight Supply - WSJ

Oct. 9, 2023 8:50 am ET

0838 ET – Natural gas prices extend gains in early trading, amid expectations that US supplies could be tight for a while. It’s unclear what, if any, impact the war in Israel will have on natural gas prices. Meanwhile, weather remains a key driver. “While there will be a little stronger demand across the northern US due to lows of upper 30s and 40s, there will be light demand across the southern US due to little coverage of highs into the 90s,” NatGasWeather.com says in a report. The front-month contract rises 0.6%, building on last week’s 5.4% gain. ( paulo.trevisani@wsj.com; @ptrevisani)

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