Natural Gas Forecast Dec. 12, 2011, Fundamental Analysis

Natural gas prices dropped on Friday, as weather forecasts suggested temperatures will be above the average in the Eastern and Central of theUnited States, fueling speculations of falling demand for natural gas as a heating fuel and putting prices under negative pressure as a result.

Traders will continue to focus on weather developments, where weather forecasts suggest temperatures will be likely higher than average over the coming period, and that could put natural gas prices under pressure next week.

Leave a Reply

Your email address will not be published. Required fields are marked *