Warm Winter, Elevated Storage Continue to Affect Natural Gas
The U.S. Energy Department's weekly inventory release showed that natural gas supplies decreased largely as expected. The neutral inventory numbers notwithstanding, futures settled with a loss week over week, overwhelmed by excessive supply and insipid weather-related demand.In fact, the market hasn't been kind to natural gas, with the commodity recently hitting fresh three-and-a-half-year lows due to worries about record output and concerns about a growing glut. At this time, we advise investors to focus o ...