Natural Gas Prices Drop Amid Expectation of Larger-than-Normal U.S. Inventories
On July 8, natural gas prices fell from a 1.5-week high and closed down -0.053 (-1.62%) as traders anticipated larger-than-expected weekly inventory increases in the United States. The expected EIA report for the week ended July 3 showed an increase of +61 bcf, above the five-year average of +51 bcf.
Topics: commodities energy market trends