Natural Gas Forecast Jan. 12, 2012, Fundamental Analysis

Natural gas prices dropped on Wednesday, as forecasts showed milder weather across much of the U.S through late January, crimping demand for the furnace fuel.

Traders will continue to focus on weather developments, where weather forecasts suggest temperatures will be likely lower than average over the coming period, and that could put natural gas between gains and losses in next period.

Leave a Reply

Your email address will not be published.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