So many technical and fundamental indications revealed that Natural Gas prices are gonna drop from a high offer zone "$9.5 - $9" confirmed by " Oderflow Analysis" to the high demand zone "$7 - $6.5" .
And this is supported by some of the following fundamental reasons , Such as The fire at the Freeport LNG facility is expected to reduce demand by two-billion cubic feet per day for at least three weeks, though higher cooling demand on forecasts for hot weather could eat into the surplus. Long-term forecasts from the National Weather Service see temperatures for all states aside from the Northwest seeing hotter than normal temperatures for the next six to 10 days.
And Energy stocks decline Pre-bell
And this is supported by some of the following fundamental reasons , Such as The fire at the Freeport LNG facility is expected to reduce demand by two-billion cubic feet per day for at least three weeks, though higher cooling demand on forecasts for hot weather could eat into the surplus. Long-term forecasts from the National Weather Service see temperatures for all states aside from the Northwest seeing hotter than normal temperatures for the next six to 10 days.
And Energy stocks decline Pre-bell