During Wednesday’s trading session, natural gas prices rebounded somewhat near support as we continue to oscillate within a significant range.
The natural gas market has exhibited indications of life over the past few days, hovering around $7.80. This is an area where we’ve already seen support, so I suppose it’s not surprising.
During Tuesday’s trading session, natural gas markets fell again, as it appears we are attempting to break free of the $9 level.
The natural gas stock rise is less than anticipated. At $9.70, natural gas prices encountered stiff resistance and retreat. WTI oil recovers from multi-month lows after multiple failed attempts to challenge the $85 threshold.