Natural Gas Forecast Dec. 22, 2011, Fundamental Analysis

Natural Gas Forecast Dec. 22, 2011, Fundamental Analysis
Natural Gas Forecast Dec. 22, 2011, Fundamental Analysis
Natural gas prices rose while energy prices rallied after the EIA report was out to show a big drop in crude oil inventories and well below median estimates, whereas the EIA report for natural gas is due out on Thursday, where the report is expected to show a decline in inventories to -106 BFC from -102 BCF.

Traders will continue to focus on climate updates, as weather forecasts suggest temperatures will be likely lower than average over the coming period, and that could bottle up natural gas between gains and losses in next period.

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