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Strategies & Market Trends : Natural Resource Stocks
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To: flashforward2009 who wrote (99550)4/26/2021 12:58:10 PM
From: isopatch2 Recommendations

Recommended By
sixty2nds
Winfastorlose

   of 108508
 
NYMEX Natural Gas front contract currently at $2.76, 3 cents higher.

quote.ino.com

Prices considerably higher than expected. March & April Spring "shoulder season" usually logs lower prices. Per posts a month or two ago, anticipated 2.20 or, at best, 2.40. Supply continues plentiful. But, NG demand is more weather sensitive than oil and we've had an unusually cold Spring.

In weeks & months ahead? Prices R likely to correct to those lower targets. Then, we'll see what Summer brings.

Iso
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