Natural gas futures seesawed in a narrow range of gains and losses for a second straight session on Wednesday. The prompt month hovered in the red by early afternoon trading as market participants weighed expectations for strong late-August cooling needs and bullish supply trends against expectations for retreating demand in the fall.
“Summer is coming to an end,” Kyle Cooper, Snapper Creek Energy analyst, told NGI to explain the bearish undercurrent.
Here’s the latest:
