Why Did U.S. Natural Gas Prices Move Up 16.6% Last Week?
CTRACoterra(CTRA) zacks.com·2024-05-20 22:51

The U.S. Energy Department's weekly inventory release showed that natural gas supplies increased less than expected. The positive inventory numbers, together with signs of production pullback and upcoming summer demand, buoyed natural gas futures, which settled with a healthy gain week over week. Despite this spike, which saw natural gas hit its highest since January, the space remains highly susceptible to unpredictable weather patterns, impacting prices and market stability. At this time, we advise invest ...