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U.S. natural gas stocks look somewhat tight after low summer prices worked off the excess inventories built up in the first half of the year. Stocks are in line with the five-year seasonal average, which may not be enough to meet winter demand.
If inventories stay merely average heading into winter, the market has less cushion against cold weather, which supports Henry Hub prices.
reuters.comJohn KempSep 19, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
