Natural Gas Price Prediction – Natural Gas Markets Continue to Construct a Foundation
Natural gas markets have gapped higher to begin trading on Tuesday, but have since declined to close the gap. Now the real world has arrived.
Natural gas markets have gapped higher to begin trading on Tuesday, but have since declined to close the gap. Now the real world has arrived.
Tuesday’s trading session saw a little decline in natural gas prices, which are hovering near the uptrend line.
As we continue to seek direction, the natural gas markets fluctuated throughout Monday’s trading day.
Natural gas prices in the Permian Basin of West Texas are plunging to zero as explosive output dwarfs pipeline networks, creating a fuel glut in the region.
On Monday, natural gas markets plummeted to the $9.00 level, displaying signals of weakness, but have since shown signs of life.