Updated Sep 25, 2024
9/25/24
October Nymex natural gas futures fluctuated between gains and losses Tuesday before turning lower as profit taking, hurricane risks and middling demand choked off some of the rocket fuel powering the previous three days’ nearly 33.0-cent run higher.
Natural gas futures rose for a third day on Thursday after a relatively lean government storage build signaled production levels might be running lower than expected.
Natural gas futures fell Wednesday as traders’ attention shifted back to likely supply additions in the East from the start-up of the Mountain Valley Pipeline LLC (MVP).