U.S. Natural Gas Futures Extend Losses -- Market Talk

Dow Jones
2025/07/01

1000 ET - U.S. natural gas futures continue to lose ground with production picking up while storage levels remain in surplus after a solid spring injection season. Prices have been a "no win trade" for bulls with inventories more than 6% above the five-year average and strong wind and solar generation filling the void to meet power demand from heat in the Midwest and the East, Dennis Kissler of BOK Financial says in a note. Still, heavy fund shorts put on in recent sessions leave "a lot of upside room for short-covering that could be triggered if we see the current heat wave stay in place," he adds. Nymex natural gas down is down 3.4% at $3.337/mmBtu. (anthony.harrup@wsj.com)

(END) Dow Jones Newswires

July 01, 2025 10:01 ET (14:01 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10