Category: Forex News, News
Natural Gas Price Forecast – Natural Gas Rises Early on Tuesday
It is not until the 28th that we roll over into the December contract. At that point, we really start to talk about people in the United States burning natural gas 24 hours a day. Until we get to that point, it is a little bit of a buy-the-dip opportunity, but it is also a market that probably has somewhat limited upside.
European LNG purchases this year could be a major story. We will just have to wait and see whether or not natural gas gets from Qatar to the EU. So far, it looks like that fear might be alleviated, but that is a wild card out there.
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