Natural Gas Forecast Jan. 20, 2012, Fundamental Analysis

Natural gas prices traded near 11-year low on Thursday, as forecasts for warmer-than-normal Midwest weather signaled decreased demand for heating 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Your email address will not be published.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 *