October Natural Gas Futures Debut as Prompt Month Amid Cautious Trading

By Kevin Dobbs

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Published in: Daily Gas Price Index Filed under:

In its first session at the front of the curve, the October Nymex gas futures contract early Thursday was lower and in a holding pattern amid an evolving supply/demand outlook.

Morning market report

Coming off a 1.2-cent gain the prior session, October futures were down 3.7 cents to $2.060/MMBtu at around 8:30 a.m. ET as the market braced for today’s government inventory report.

NatGasWeather said cooling demand would hold strong through this week, but the forecast for the first third of September was less rosy from a natural gas price bull’s perspective.

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Kevin Dobbs

Kevin Dobbs joined the staff of NGI in April 2020. Prior to that, he worked as a financial reporter and editor for S&P Global Market Intelligence, covering financial companies and markets. Earlier in his career, he served as an enterprise reporter for the Des Moines Register. He has a bachelor's degree in English from South Dakota State University.